Raymond James Financial, Inc. (NYSE:RJF) is experiencing
steady growth which is supporting its share price. The company has seen an increase in August financial Assets Under Management (AUM). It is deemed a
strong momentum stock, with several entities such as Earnest Partners LLC increasing their stock holdings. However, one analyst cut the company's rating over 'emerging risks'. Various options are available for May 2025 and overall, the financial services firm stands among top big-cap stocks. It is majorly controlled by
institutional shareholders who own 75% of the company. Entities like Thrivent Financial for Lutherans and Oppenheimer Asset Management Inc. have been adjusting their position in RJF. RJF reported Q3 earnings surpassing estimates with a gain in its market cap by US$1.0b. The company's CEO's path to record client assets and dividend analysis are worth noting. Moving forward,
RJF has announced
by-law amendments and dividend payouts. With new leadership changes afoot, the firm continues to be a fundamentally attractive investment. Meanwhile, the prime brokerage services referral agreement with Velocity Clearing stands out as a significant development.
Raymond James Financial RJF News Analytics from Tue, 26 Mar 2013 07:00:00 GMT to Sun, 29 Sep 2024 12:39:10 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor -3
