2,647 Shares in Piper Jaffray Companies (PJC) Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new stake in shares of Piper Jaffray Companies (NYSE:PJC) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 2,647 shares of the financial services provider’s stock, valued at approximately $202,000.

Other large investors have also added to or reduced their stakes in the company. Tower Research Capital LLC TRC lifted its stake in Piper Jaffray Companies by 3,869.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,945 shares of the financial services provider’s stock valued at $149,000 after acquiring an additional 1,896 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Piper Jaffray Companies in the 2nd quarter valued at approximately $232,000. Jennison Associates LLC lifted its stake in Piper Jaffray Companies by 32.4% in the 2nd quarter. Jennison Associates LLC now owns 5,936 shares of the financial services provider’s stock valued at $456,000 after acquiring an additional 1,451 shares in the last quarter. SG Americas Securities LLC lifted its stake in Piper Jaffray Companies by 178.5% in the 2nd quarter. SG Americas Securities LLC now owns 6,015 shares of the financial services provider’s stock valued at $462,000 after acquiring an additional 3,855 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its stake 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 in the last quarter. Institutional investors and hedge funds own 73.46% of the company’s stock.

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

NYSE PJC opened at $70.30 on Monday. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 11.80 and a beta of 1.51. The company has a current ratio of 1.68, a quick ratio of 0.39 and a debt-to-equity ratio of 0.17. Piper Jaffray Companies has a 52 week low of $66.12 and a 52 week high of $99.80.

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

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

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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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