V Square Quantitative Management LLC,
Congress Asset Management Co. MA,
Bragg Financial Advisors Inc, and other organizations have significantly increased their stakes in
Raymond James. The company's shares have been upgraded to buy and are regarded as a strong growth stock.
Raymond James has a substantial institutional ownership of 76%. However, the company did not meet Q2 earnings estimates, which may impact investor sentiment. The company's revenue has seen a year-on-year increase, despite earnings misses.
Raymond James has recently ventured into the private credit business, indicating a diversification of its portfolio. Despite this, some analysts have identified a lack of growth and the company's stock underperformed compared to its competitors on certain days.
Raymond James continues to show resilience amidst market challenges, reporting solid growth and a positive outlook. The CEO's compensation may be put on hold, signaling potential fiscal prudence within the company. The company has recently made executive leadership changes and there has been a decline in client assets.
Raymond James Financial RJF News Analytics from Thu, 21 Sep 2023 07:00:00 GMT to Sun, 16 Jun 2024 09:28:51 GMT -
Rating 4
- Innovation 8
- Information 7
- Rumor -3
