Piper Jaffray (PJC) Receives News Impact Score of 0.16

Headlines about Piper Jaffray (NYSE:PJC) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Piper Jaffray earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.8848994808238 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the media headlines that may have effected Accern’s scoring:

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PJC stock opened at $83.05 on Friday. The stock has a market capitalization of $1,262.36, a PE ratio of 11.70 and a beta of 1.48. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.35 and a quick ratio of 0.15. Piper Jaffray has a 12 month low of $52.75 and a 12 month high of $99.80.

Piper Jaffray (NYSE:PJC) last posted its earnings results on Thursday, February 1st. The financial services provider reported $1.80 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.35. The firm had revenue of $236.08 million during the quarter. Piper Jaffray had a negative net margin of 7.30% and a positive return on equity of 11.58%.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Monday, February 26th were issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date was Friday, February 23rd. This is a positive change from Piper Jaffray’s previous quarterly dividend of $0.31.

Separately, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $86.00 target price on shares of Piper Jaffray in a report on Friday, December 22nd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $30.93.

In related news, Director Andrew S. Duff sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $93.44, for a total value of $4,672,000.00. Following the completion of the transaction, the director now owns 238,248 shares in the company, valued at approximately $22,261,893.12. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Francis E. Iv Fairman sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $96.13, for a total transaction of $961,300.00. Following the completion of the transaction, the insider now owns 51,513 shares of the company’s stock, valued at approximately $4,951,944.69. The disclosure for this sale can be found here. 5.36% of the stock is owned by company insiders.

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About Piper Jaffray

Piper Jaffray Companies is an investment bank and asset management company. The Company’s segments include Capital Markets and Asset Management. The Capital Markets segment provides investment banking and institutional sales, trading and research services for various equity and fixed income products.

Insider Buying and Selling by Quarter for Piper Jaffray (NYSE:PJC)

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