NEW YORK, December 13, 2016 /PRNewswire/ --
Stock-Callers.com today presents the following equities for review: LPL Financial Holdings Inc. (NASDAQ: LPLA), Cowen Group Inc. (NASDAQ: COWN), KCG Holdings Inc. (NYSE: KCG), and Interactive Brokers Group Inc. (NASDAQ: IBKR). These National Investment Brokerage firms, or wire houses, maintain networks of hundreds of offices worldwide and offer clients many financial services beyond investment management. Download the free research reports on these stocks today:
Boston, Massachusetts-based LPL Financial Holdings Inc.'s shares declined 0.53%, closing Monday's trading session at $35.67. The stock recorded a trading volume of 1.54 million shares, which was above its three months average volume of 952,750 shares. Shares of the Company have advanced 23.96% in the previous three months. The stock is trading 3.40% above its 50-day moving average and 29.90% above its 200-day moving average. Additionally, 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 42.72.
On November 29th, 2016, LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings, announced that Integrated Financial Partners (IFP), an independent financial advisory firm with 135 financial advisors, has joined LPL Financial's broker/dealer and hybrid registered investment advisor custodial platforms. IFP reported that, based on prior business, its advisors served approximately $4 billion of brokerage and advisory client assets as of December 2015. See our free and comprehensive research report on LPLA at:
On Monday, shares in New York headquartered Cowen Group Inc. recorded a trading volume of 384,233 shares. The stock rose 0.32%, ending the day at $15.90. The Company's shares have advanced 24.22% in the last month, 14.88% over the previous three months, and 3.79% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 14.56% and 16.43%, 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 67.85.
On December 06th, 2016, Cowen Group announced that it recently onboarded its first prime brokerage customers in its newly launched international prime brokerage platform headquartered in London. The London-based international prime brokerage team includes a deep bench of prime brokerage sales, client service, and trading personnel hired in recent months. This 10 person team consists of personnel that primarily face local clients. The team is supported by Cowen's existing supervisory, compliance and operational support staff, including personnel based in New York and the 28 person client support team based in Belfast, Northern Ireland. COWN free research report PDF is just a click away at:
New York headquartered KCG Holdings Inc.'s stock finished the day 0.64% lower at $13.90 with a total trading volume of 291,637 shares. The Company's shares have gained 1.83% in the last one month and 12.92% since the start of this year. The stock is trading above its 200-day moving average by 1.58%. Additionally, 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 45.47.
On November 30th, 2016, KCG Holdings announced it has completed the move of its headquarters to 300 Vesey Street in downtown Manhattan. The new headquarters houses over 600 KCG employees and features a state-of-the-art trading floor as well as flexible collaboration spaces to promote teamwork throughout the office. Sign up for your complimentary report on KCG at:
Shares in Greenwich, Connecticut headquartered Interactive Brokers Group Inc. ended yesterday's session 1.36% lower at $39.06. The stock recorded a trading volume of 431,805 shares, which was above its three months average volume of 422,710 shares. The Company's shares have advanced 7.93% in the last one month and 11.65% over the previous three months. The stock is trading 8.82% and 6.91% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Interactive Brokers, which operates as an automated electronic broker and market maker in approximately 100 electronic exchanges and market centers worldwide, have an RSI of 65.88.
On December 01st, 2016, Interactive Brokers reported its Electronic Brokerage monthly performance metrics for November. The company recorded 728 thousand Daily Average Revenue Trades (DARTs) in November 2016, 14% higher than November 2015. The company posted ending client equity of $84.7 billion, 26% higher than November 2015 and 3% higher than October 2016. At the end of November 2016, Interactive Brokers had 380 thousand client accounts, 15% higher than November 2015 and 1% higher than October 2016.
On December 08th, 2016, research firm Keefe Bruyette initiated an 'Outperform' rating on the Company's stock, issuing a target price of $44 per share. Register for free on Stock-Callers.com and download the latest research report on IBKR at:
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