As Lpl Financial Holdings INC (LPLA) Market Value Declined, Shareholder Fairview Capital Investment Management LLC Has Lowered Its Stake by $21.09 Million

February 19, 2018 - By Hazel Jackson

Investors sentiment increased to 2 in Q3 2017. Its up 0.73, from 1.27 in 2017Q2. It is positive, as 18 investors sold LPLA shares while 46 reduced holdings. 54 funds opened positions while 74 raised stakes. 80.35 million shares or 0.14% more from 80.24 million shares in 2017Q2 were reported. 150,801 are held by Nationwide Fund Advisors. France-based Capital Fund Mgmt Sa has invested 0.06% in LPL Financial Holdings Inc. (NASDAQ:LPLA). 137,891 were reported by First Quadrant Ltd Partnership Ca. M&T Natl Bank invested in 4,145 shares. Virginia Retirement Et Al has invested 0% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Congress Asset Mgmt Company Ma holds 0.03% or 41,400 shares. Tower Research Capital (Trc) holds 0% or 238 shares. Teacher Retirement Sys Of Texas holds 0% or 6,715 shares. Cornerstone Capital Mngmt Limited Liability Co reported 0.17% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA). Metropolitan Life Ins Com Ny accumulated 6,656 shares or 0% of the stock. Bnp Paribas Arbitrage Sa, New York-based fund reported 106,782 shares. Geode Mgmt Limited Com accumulated 899,593 shares. Eaton Vance Mgmt, Massachusetts-based fund reported 99,471 shares. Meeder Asset Mngmt owns 21,479 shares. Victory Cap Mgmt stated it has 898,140 shares or 0.1% of all its holdings.

Since February 5, 2018, it had 0 insider purchases, and 2 sales for $1.88 million activity. 10,000 shares were sold by Kalbaugh John Andrew, worth $626,068.

Fairview Capital Investment Management Llc decreased its stake in Lpl Financial Holdings Inc (LPLA) by 9.52% based on its latest 2017Q3 regulatory filing with the SEC. Fairview Capital Investment Management Llc sold 413,607 shares as the company’s stock declined 1.46% while stock markets rallied. The hedge fund held 3.93 million shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $202.76M, down from 4.35 million at the end of the previous reported quarter. Fairview Capital Investment Management Llc who had been investing in Lpl Financial Holdings Inc for a number of months, seems to be less bullish one the $5.76B market cap company. The stock decreased 1.25% or $0.81 during the last trading session, reaching $63.85. About 678,811 shares traded. LPL Financial Holdings Inc. (NASDAQ:LPLA) has risen 64.23% since February 19, 2017 and is uptrending. It has outperformed by 47.53% the S&P500.

More important recent LPL Financial Holdings Inc. (NASDAQ:LPLA) news were published by: Bizjournals.com which released: “Jackson National Life closes Tampa investment firm office as broker-dealer …” on February 07, 2018, also Globenewswire.com published article titled: “LPL Financial to Present at Credit Suisse 19th Annual Financial Services Forum”, Globenewswire.com published: “LPL Financial Provides Update on Fourth Quarter 2017 Advisor Recruiting” on February 15, 2018. More interesting news about LPL Financial Holdings Inc. (NASDAQ:LPLA) was released by: Seekingalpha.com and their article: “LPL Financial Holdings’ (LPLA) CEO Dan Arnold on Q4 2017 Results – Earnings …” with publication date: February 02, 2018.

LPL Financial Holdings Inc. (NASDAQ:LPLA) Ratings Coverage

Among 10 analysts covering LPL Financial Holdings (NASDAQ:LPLA), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. LPL Financial Holdings had 46 analyst reports since August 6, 2015 according to SRatingsIntel. JP Morgan downgraded the shares of LPLA in report on Wednesday, October 12 to “Neutral” rating. JP Morgan maintained LPL Financial Holdings Inc. (NASDAQ:LPLA) on Monday, November 2 with “Overweight” rating. On Friday, May 27 the stock rating was maintained by Citigroup with “Neutral”. The stock has “Buy” rating by Nomura on Thursday, August 17. As per Thursday, February 1, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by SunTrust on Friday, February 2 with “Buy”. The rating was maintained by Citigroup with “Buy” on Friday, November 10. On Thursday, October 5 the stock rating was maintained by Morgan Stanley with “Underweight”. Keefe Bruyette & Woods maintained LPL Financial Holdings Inc. (NASDAQ:LPLA) rating on Wednesday, August 16. Keefe Bruyette & Woods has “Buy” rating and $53.0 target. The rating was initiated by Credit Suisse with “Buy” on Thursday, November 30.

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