Prudential Financial holds $53.96M in Raymond James (RJF), which is seen as a strong value and momentum stock. There have been leadership changes in RJF and its shares have been acquired by corporations like Mizuho and KLP Kapitalforvaltning. However, Vanguard Group has trimmed its RJF holdings. Despite a decline in RJF stocks after the last earnings report, there are expectations of a turnaround. Brokerage reports suggest a target price of $167.55 for RJF. Highlights from their Q1 2025 earnings call report record revenues, with new investments pouring in. Despite a weekly loss of 5.1%, long-term valuation remains positive and the company’s shares were obtained by HUB Investment Partners. Key metrics of RJF’s Q4 earnings are being compared with Wall Street estimates. Steven Capital Management and Generali Asset have secured a position in RJF. Looking ahead, a bigger dividend payout is expected. The leadership at RJF sold $20m in stock, alluding to potential weakness. Over 78% of RJF’s shares are owned by institutional investors. Growth Prospects and strategic positioning support a buy rating for RJF.
Raymond James Financial RJF News Analytics from Mon, 08 Jul 2024 07:00:00 GMT to Sat, 29 Mar 2025 17:21:03 GMT -
Rating 7
- Innovation 6
- Information 9
- Rumor -3
