Jaffray Companies Piper (NYSE:PJC) Move as Institutional Investors’ Sentiment Improved

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Sentiment for Jaffray Companies Piper (NYSE:PJC)

Jaffray Companies Piper (NYSE:PJC) institutional sentiment increased to 1.53 in Q1 2019. Its up 0.65, from 0.88 in 2018Q4. The ratio is more positive, as 72 funds increased and started new holdings, while 47 reduced and sold equity positions in Jaffray Companies Piper. The funds in our partner’s database now possess: 10.68 million shares, down from 10.93 million shares in 2018Q4. Also, the number of funds holding Jaffray Companies Piper in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 40 Increased: 50 New Position: 22.

Piper Jaffray Companies operates as an investment bank and asset management firm that serves firms, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company has market cap of $1.09 billion. The companyÂ’s Capital Markets segment offers investment banking and institutional sales, trading, and research services for various equity and fixed income products. It has a 16.82 P/E ratio. It raises capital through equity financings; provides advisory services relating to mergers and acquisitions, equity private placements, and debt advisory services for corporate clients; underwrites debt issuances; and offers municipal financial advisory and loan placement services, as well as various over-the-counter derivative products.

The stock increased 2.15% or $1.62 during the last trading session, reaching $76.86. About 100,010 shares traded or 5.75% up from the average. Piper Jaffray Companies (NYSE:PJC) has risen 3.87% since July 12, 2018 and is uptrending. It has underperformed by 0.56% the S&P500.

Analysts await Piper Jaffray Companies (NYSE:PJC) to report earnings on July, 26. They expect $1.25 earnings per share, up 35.87 % or $0.33 from last year’s $0.92 per share. PJC’s profit will be $17.79 million for 15.37 P/E if the $1.25 EPS becomes a reality. After $1.57 actual earnings per share reported by Piper Jaffray Companies for the previous quarter, Wall Street now forecasts -20.38 % negative EPS growth.

Hartline Investment Corp holds 0.95% of its portfolio in Piper Jaffray Companies for 50,000 shares. Greenwich Wealth Management Llc owns 58,472 shares or 0.75% of their US portfolio. Moreover, Matarin Capital Management Llc has 0.74% invested in the company for 140,157 shares. The Germany-based Lingohr & Partner Asset Management Gmbh has invested 0.59% in the stock. Systematic Financial Management Lp, a New Jersey-based fund reported 237,098 shares.

More notable recent Piper Jaffray Companies (NYSE:PJC) news were published by: Finance.Yahoo.com which released: “Piper Jaffray Companies to Host Earnings Call – Yahoo Finance” on April 26, 2019, also Themiddlemarket.com with their article: “M&A wrap: Pfizer, Therachon, Digital Colony, EQT, Zayo, Wind Point, Audax – Mergers & Acquisitions” published on May 08, 2019, Themiddlemarket.com published: “M&A wrap: Summit, Sterling, TA, Francisco Partners, Huron, GTCR, Gryphon, TPG – Mergers & Acquisitions” on July 01, 2019. More interesting news about Piper Jaffray Companies (NYSE:PJC) were released by: Nasdaq.com and their article: “Financial Sector Update for 07/09/2019: SLM,PJC,SQ,NMFC – Nasdaq” published on July 09, 2019 as well as Themiddlemarket.com‘s news article titled: “M&A wrap: StaCyc, Harley-Davidson, Goldman Sachs, Lincoln, FleetCor, OEP – Mergers & Acquisitions” with publication date: March 05, 2019.

Piper Jaffray Companies (NYSE:PJC) Institutional Positions Chart

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