NEW YORK, January 27, 2017 /PRNewswire/ --
Pre-market, Stock-Callers.com takes a closer look at some equities in the National Investment Brokerage space: LPL Financial Holdings Inc. (NASDAQ: LPLA), Cowen Group Inc. (NASDAQ: COWN), KCG Holdings Inc. (NYSE: KCG), and Interactive Brokers Group Inc. (NASDAQ: IBKR). These firms are part of the Financials sector which ended slightly higher on Thursday, January 26th, 2017, with the NYSE Financials Sector Index adding about 0.1%, while Financials companies in the S&P 500 Index climbed about 0.2% in afternoon trade. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
On Thursday, shares in Massachusetts-based LPL Financial Holdings Inc. recorded a trading volume of 544,264 shares. The stock ended at $39.69, rising 0.05% from the last trading session. The Company's shares have gained 9.55% in the last one month, 25.66% over the previous three months, and 12.72% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.86% and 33.88%, respectively. Furthermore, shares of LPL Financial Holdings, which together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors in the US, have a Relative Strength Index (RSI) of 60.45.
On January 04th, 2017, LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings, announced it will report its Q4 2016 and full year 2016 financial results after the market closes on February 09th, 2017, via a press release. The Company will also hold a conference call to discuss results at 5 p.m. ET the same day.
On January 10th, 2017, research firm Goldman upgraded the Company's stock rating from 'Sell' to 'Neutral'. Visit us today and access our complete research report on LPLA at:
New York headquartered Cowen Group Inc.'s stock finished yesterday's session 0.99% higher at $15.35, with a total trading volume of 159,151 shares. The Company's shares have gained 19.92% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 1.46% and 10.86%, respectively. Furthermore, shares of Cowen Group, which through its subsidiaries, provides alternative investment management, investment banking, research, and sales and trading services for its clients, have an RSI of 49.56.
On January 26th, 2017, Cowen Group announced that its Board of Directors has declared a quarterly cash dividend of $14.06 per share on the Company's 5.625% Series A Cumulative Perpetual Convertible Preferred Stock. The quarterly dividend on the Convertible Preferred Stock is payable on February 15th, 2017, to holders of record at the close of business on February 01st, 2017. The complimentary report on COWN can be downloaded at:
At the closing bell on Thursday, shares in New York headquartered KCG Holdings Inc. saw a slight decline of 0.49%, ending the day at $14.20. The stock recorded a trading volume of 472,492 shares. The Company's shares have advanced 5.19% in the last one month, 1.94% in the previous three months, and 7.17% on an YTD basis. The stock is trading 1.86% above its 50-day moving average and 1.34% above its 200-day moving average. Moreover, shares of KCG Holdings, which provides various services designed to address trading needs across asset classes, product types, and time zones, have an RSI of 53.19.
On January 19th, 2017, KCG reported consolidated earnings of $196.2 million, or $2.47 per diluted share, for Q4 2016. During Q4 2016, KCG repurchased 19.0 million shares and 8.1 million warrants for $281.7 million, primarily as a result of a share exchange with General Atlantic. Register for free on Stock-Callers.com and access the latest research report on KCG at:
Greenwich, Connecticut headquartered Interactive Brokers Group Inc.'s stock ended the day 0.19% higher at $37.12, with a total trading volume of 338,823 shares. The Company's shares have gained 10.71% over the previous three months and 1.67% on an YTD basis. The stock is trading 1.62% above its 200-day moving average. Additionally, shares of Interactive Brokers Group, which operates as an automated electronic broker and market maker in approximately 100 electronic exchanges and market centers worldwide, have an RSI of 45.61.
On January 10th, 2017, research firm Goldman upgraded the Company's stock rating from 'Sell' to 'Neutral'.
On January 17th, 2017, Interactive Brokers reported diluted earnings per share on a comprehensive basis of $1.19 for full year 2016 compared to diluted earnings per share on a comprehensive basis of $0.62 for full year 2015. The Company's net revenues were $1.40 billion and income before income taxes was $761 million for full year 2016, compared to net revenues of $1.19 billion and income before income taxes of $458 million in full year 2015. Get free access to your research report on IBKR at:
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