RBF Capital LLC Reduces Position in Oppenheimer Holdings Inc. (NYSE:OPY)

RBF Capital LLC cut its stake in Oppenheimer Holdings Inc. (NYSE:OPY) by 1.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 166,800 shares of the financial services provider’s stock after selling 3,200 shares during the quarter. RBF Capital LLC owned about 1.61% of Oppenheimer worth $8,533,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of OPY. Bank of New York Mellon Corp boosted its position in shares of Oppenheimer by 1.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 27,241 shares of the financial services provider’s stock worth $1,305,000 after purchasing an additional 297 shares during the period. Innealta Capital LLC acquired a new position in shares of Oppenheimer during the 2nd quarter worth about $56,000. Quest Partners LLC increased its stake in Oppenheimer by 140.1% in the third quarter. Quest Partners LLC now owns 4,070 shares of the financial services provider’s stock valued at $208,000 after purchasing an additional 2,375 shares during the last quarter. FMR LLC grew its position in shares of Oppenheimer by 26.3% in the 3rd quarter. FMR LLC now owns 12,077 shares of the financial services provider’s stock valued at $618,000 after buying an additional 2,512 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of Oppenheimer by 3,146.5% during the third quarter. BNP Paribas Financial Markets now owns 3,214 shares of the financial services provider’s stock worth $164,000 after purchasing an additional 3,115 shares in the last quarter. 32.26% of the stock is owned by hedge funds and other institutional investors.

Oppenheimer Price Performance

Shares of NYSE OPY opened at $65.32 on Thursday. The stock has a 50 day moving average of $55.35 and a two-hundred day moving average of $51.47. Oppenheimer Holdings Inc. has a twelve month low of $36.93 and a twelve month high of $70.25. The stock has a market cap of $674.70 million, a P/E ratio of 10.16 and a beta of 1.14. The company has a current ratio of 1.29, a quick ratio of 0.80 and a debt-to-equity ratio of 0.13.

Oppenheimer (NYSE:OPY) last posted its quarterly earnings data on Friday, October 25th. The financial services provider reported $2.16 EPS for the quarter. Oppenheimer had a return on equity of 9.50% and a net margin of 5.27%. The firm had revenue of $373.35 million during the quarter.

Oppenheimer Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were given a $0.18 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.72 dividend on an annualized basis and a yield of 1.10%. Oppenheimer’s payout ratio is currently 11.20%.

Oppenheimer Company Profile

Oppenheimer Holdings Inc operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company provides brokerage services covering corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, exchange-traded funds, and unit investment trusts; financial and wealth planning services; and margin lending services.