Capital Fund Management S.A. Purchases Shares of 5,100 Piper Jaffray Companies (PJC)

Capital Fund Management S.A. purchased a new stake in Piper Jaffray Companies (NYSE:PJC) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 5,100 shares of the financial services provider’s stock, valued at approximately $389,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. American Century Companies Inc. raised its holdings in Piper Jaffray Companies by 0.7% in the 2nd quarter. American Century Companies Inc. now owns 96,875 shares of the financial services provider’s stock valued at $7,445,000 after acquiring an additional 652 shares during the last quarter. Rhumbline Advisers raised its holdings in Piper Jaffray Companies by 1.8% in the 2nd quarter. Rhumbline Advisers now owns 37,493 shares of the financial services provider’s stock valued at $2,881,000 after acquiring an additional 668 shares during the last quarter. State Board of Administration of Florida Retirement System raised its holdings in Piper Jaffray Companies by 11.5% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 7,088 shares of the financial services provider’s stock valued at $545,000 after acquiring an additional 730 shares during the last quarter. Arizona State Retirement System raised its holdings in Piper Jaffray Companies by 5.9% in the 3rd quarter. Arizona State Retirement System now owns 22,005 shares of the financial services provider’s stock valued at $1,680,000 after acquiring an additional 1,232 shares during the last quarter. Finally, Legal & General Group Plc raised its holdings in Piper Jaffray Companies by 4.8% in the 2nd quarter. Legal & General Group Plc now owns 30,645 shares of the financial services provider’s stock valued at $2,353,000 after acquiring an additional 1,406 shares during the last quarter. Institutional investors own 73.46% of the company’s stock.

Separately, TheStreet upgraded Piper Jaffray Companies from a “c” rating to a “b-” rating in a report on Tuesday, October 30th.

Shares of NYSE PJC opened at $70.30 on Friday. Piper Jaffray Companies has a 52-week low of $66.12 and a 52-week high of $99.80. The firm has a market cap of $1.04 billion, a PE ratio of 11.78 and a beta of 1.51. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.68 and a quick ratio of 0.39.

Piper Jaffray Companies (NYSE:PJC) last announced its quarterly earnings data on Friday, October 26th. The financial services provider reported $1.86 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.51 by $0.35. Piper Jaffray Companies had a negative net margin of 1.39% and a positive return on equity of 11.27%. The company had revenue of $221.23 million during the quarter.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Wednesday, November 28th will be paid a dividend of $0.375 per share. The ex-dividend date is Tuesday, November 27th. This represents a $1.50 annualized dividend and a dividend yield of 2.13%.

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About Piper Jaffray Companies

Piper Jaffray Companies operates as an investment bank and asset management firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company's Capital Markets segment offers investment banking and institutional sales, trading, and research services for various equity and fixed income products.

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Institutional Ownership by Quarter for Piper Jaffray Companies (NYSE:PJC)

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