Raymond James Financial (RJF) : Equity Investment Corpga added new position in Raymond James Financial during the most recent quarter end. The investment management firm now holds 4,080 shares of Raymond James Financial which is valued at $221,993 , the company said in a statement filed on Aug 2, 2016 with the SEC.Raymond James Financial makes up approximately 0.01% of Equity Investment Corpga’s portfolio.
Other Hedge Funds, Including , Dupont Capital Management Corp added RJF to its portfolio by purchasing 14,700 company shares during the most recent quarter which is valued at $799,827. Raymond James Financial makes up approx 0.02% of Dupont Capital Management Corp’s portfolio.Bbva Compass Bancshares Inc reduced its stake in RJF by selling 1,571 shares or 5.8% in the most recent quarter. The Hedge Fund company now holds 25,513 shares of RJF which is valued at $1,400,664. Raymond James Financial makes up approx 0.10% of Bbva Compass Bancshares Inc’s portfolio.National Investment Services Inc Wi boosted its stake in RJF in the latest quarter, The investment management firm added 834 additional shares and now holds a total of 39,882 shares of Raymond James Financial which is valued at $2,182,343. Raymond James Financial makes up approx 2.39% of National Investment Services Inc Wi’s portfolio.Ls Investment Advisors boosted its stake in RJF in the latest quarter, The investment management firm added 3,484 additional shares and now holds a total of 12,535 shares of Raymond James Financial which is valued at $675,135. Raymond James Financial makes up approx 0.05% of Ls Investment Advisors’s portfolio.British Columbia Investment Management Corp boosted its stake in RJF in the latest quarter, The investment management firm added 14,256 additional shares and now holds a total of 65,961 shares of Raymond James Financial which is valued at $3,300,688. Raymond James Financial makes up approx 0.03% of British Columbia Investment Management Corp’s portfolio.
Raymond James Financial opened for trading at $55.88 and hit $56.14 on the upside on Monday, eventually ending the session at $55.89, with a gain of 0.34% or 0.19 points. The heightened volatility saw the trading volume jump to 4,18,009 shares. Company has a market cap of $7,910 M.
On the company’s financial health, Raymond James Financial reported $0.93 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $0.90. The company had revenue of $1358.00 million for the quarter, compared to analysts expectations of $1320.71 million. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.91 EPS.
Raymond James Financial Inc. is a financial services company providing private client capital markets asset management banking and other services to individuals corporations and municipalities. The Company operates in five reportable segments: Private Client Group; Capital Markets; Asset Management; RJ Bank and the Other Segment. Private Client Group offers securities transaction and financial planning services. Capital Markets consist of equity fixed income products and services. Asset Management offers investment advisory services for individual and institutional investment portfolios along with mutual funds. RJ Bank provides corporate SBL and residential loans as well as FDIC insured deposit accounts to clients of broker-dealer subsidiaries and to general public. Other Segment includes principal capital and private equity activities corporate overhead costs of Raymond James Financial such as interest cost on public debt and the acquisition and integration costs.