As Lpl Finl Hldgs INC (LPLA) Stock Rose, Shareholder Clarkston Capital Partners LLC Has Lowered by $6.21 Million Its Holding

April 17, 2018 - By Peter Erickson

LPL Financial Holdings Inc. (NASDAQ:LPLA) LogoInvestors sentiment decreased to 1.02 in 2017 Q4. Its down 0.98, from 2 in 2017Q3. It is negative, as 23 investors sold LPLA shares while 80 reduced holdings. 44 funds opened positions while 61 raised stakes. 81.20 million shares or 1.06% more from 80.35 million shares in 2017Q3 were reported. Vident Inv Advisory Limited has invested 0.16% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA). Royal Natl Bank Of Canada reported 8,248 shares. Symphony Asset Management Ltd Limited Liability Company reported 25,568 shares stake. Voya Investment Mngmt Ltd Liability owns 0% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 32,322 shares. Moreover, Hudson Bay Cap Limited Partnership has 0.35% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 283,041 shares. 51,633 were reported by Alliancebernstein Lp. Fmr holds 1.81 million shares. Morgan Stanley reported 51,904 shares or 0% of all its holdings. Retail Bank Of New York Mellon Corp has 1.26M shares. The Massachusetts-based Eaton Vance Mngmt has invested 0.03% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Fifth Third Commercial Bank owns 506 shares or 0% of their US portfolio. Hsbc Public Limited Company reported 0% stake. Aperio Llc invested in 0% or 16,634 shares. State Of Wisconsin Investment Board has invested 0% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Utah Retirement Systems has 16,376 shares for 0.02% of their portfolio.

Since February 5, 2018, it had 0 buys, and 13 selling transactions for $93.03 million activity. The insider Arnold Dan H. sold 11,206 shares worth $711,159. White George Burton sold $1.64M worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) on Tuesday, March 13. 10,000 shares were sold by Kalbaugh John Andrew, worth $626,068 on Monday, February 5. On Monday, February 5 Morrissey William P. Jr. sold $1.25M worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) or 20,000 shares. 5,632 LPL Financial Holdings Inc. (NASDAQ:LPLA) shares with value of $353,521 were sold by RIEPE JAMES S.

Clarkston Capital Partners Llc decreased its stake in Lpl Finl Hldgs Inc (LPLA) by 4.71% based on its latest 2017Q4 regulatory filing with the SEC. Clarkston Capital Partners Llc sold 108,885 shares as the company’s stock rose 3.07% while stock markets declined. The institutional investor held 2.20M shares of the investment bankers and brokers and service company at the end of 2017Q4, valued at $125.82M, down from 2.31 million at the end of the previous reported quarter. Clarkston Capital Partners Llc who had been investing in Lpl Finl Hldgs Inc for a number of months, seems to be less bullish one the $5.23B market cap company. The stock increased 0.12% or $0.07 during the last trading session, reaching $57.92. About 415,820 shares traded. LPL Financial Holdings Inc. (NASDAQ:LPLA) has risen 54.79% since April 17, 2017 and is uptrending. It has outperformed by 43.24% the S&P500.

Analysts await LPL Financial Holdings Inc. (NASDAQ:LPLA) to report earnings on April, 26. They expect $0.68 earnings per share, up 3.03 % or $0.02 from last year’s $0.66 per share. LPLA’s profit will be $61.34 million for 21.29 P/E if the $0.68 EPS becomes a reality. After $0.89 actual earnings per share reported by LPL Financial Holdings Inc. for the previous quarter, Wall Street now forecasts -23.60 % negative EPS growth.

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

Among 8 analysts covering LPL Financial (NASDAQ:LPLA), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. LPL Financial had 16 analyst reports since October 27, 2017 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Wednesday, February 7 by Morgan Stanley. The company was upgraded on Wednesday, January 3 by Morgan Stanley. The firm earned “Buy” rating on Thursday, November 30 by Credit Suisse. As per Monday, February 26, the company rating was maintained by Keefe Bruyette & Woods. Citigroup maintained the shares of LPLA in report on Monday, October 30 with “Buy” rating. The firm has “Buy” rating given on Friday, October 27 by SunTrust. The rating was maintained by Citigroup with “Buy” on Friday, November 10. SunTrust maintained LPL Financial Holdings Inc. (NASDAQ:LPLA) on Friday, February 2 with “Buy” rating. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) has “Buy” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The rating was maintained by Nomura on Thursday, November 9 with “Buy”.

LPL Financial Holdings Inc. (NASDAQ:LPLA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: