Investors sentiment increased to 0.97 in Q2 2019. Its up 0.03, from 0.94 in 2019Q1. It improved, as 30 investors sold Raymond James Financial, Inc. shares while 140 reduced holdings. 51 funds opened positions while 114 raised stakes. 92.55 million shares or 2.04% less from 94.48 million shares in 2019Q1 were reported.
Qs reported 1,200 shares stake. Regions Corporation invested in 0.02% or 20,472 shares. Quantbot Technology Lp invested in 0.01% or 1,453 shares. Retirement Sys Of Alabama stated it has 0.02% in Raymond James Financial, Inc. (NYSE:RJF). Vanguard Group invested in 13.79 million shares or 0.04% of the stock. Arizona-based Tci Wealth has invested 0% in Raymond James Financial, Inc. (NYSE:RJF). Financial Bank Of New York Mellon holds 0.04% or 1.79 million shares. First Trust Ltd Partnership holds 0.12% in Raymond James Financial, Inc. (NYSE:RJF) or 772,906 shares. Zebra Capital Mgmt Lc holds 0.13% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF) for 3,011 shares. Group One Trading Limited Partnership holds 2,000 shares or 0% of its portfolio. Meeder Asset Inc invested in 102 shares or 0% of the stock. Highland Cap Management Lp has 3,835 shares for 0.02% of their portfolio. Toronto Dominion Bancorp holds 0% or 74,364 shares. Bridgewater Associates Limited Partnership holds 35,798 shares. Comerica Savings Bank has 0.03% invested in Raymond James Financial, Inc. (NYSE:RJF) for 41,070 shares.
The stock of Raymond James Financial Inc (NYSE:RJF) registered a decrease of 15.45% in short interest. RJF’s total short interest was 1.76 million shares in September as published by FINRA. Its down 15.45% from 2.08 million shares, reported previously. With 928,200 shares average volume, it will take short sellers 2 days to cover their RJF’s short positions. The short interest to Raymond James Financial Inc’s float is 1.4%.
The stock increased 0.81% or $0.7 during the last trading session, reaching $87.11. About 998,657 shares traded or 4.85% up from the average. Raymond James Financial, Inc. (NYSE:RJF) has declined 11.35% since September 15, 2018 and is downtrending. It has underperformed by 11.35% the S&P500.
Raymond James Financial, Inc., a financial holding company, through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, and the sale of mutual funds and other investment products in the United States, Canada, Europe, and internationally. The company has market cap of $12.10 billion. The firm operates through Private Client Group, Capital Markets, Asset Management, RJ Bank, and Other divisions. It has a 12.35 P/E ratio. The Private Client Group segment provides securities brokerage services, including the sale of equities, mutual funds, fixed income products, and insurance products to their individual clients; and borrowing and lending of securities to and from other broker-dealers, financial institutions, and other counterparties.
Raymond James Financial, Inc. (NYSE:RJF) Ratings Coverage
Among 2 analysts covering Raymond James Financial (NYSE:RJF), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Raymond James Financial has $94 highest and $9200 lowest target. $93’s average target is 6.76% above currents $87.11 stock price. Raymond James Financial had 7 analyst reports since March 23, 2019 according to SRatingsIntel. The company was maintained on Friday, April 5 by Wells Fargo. The firm has “Neutral” rating given on Monday, April 15 by Citigroup.
More notable recent Raymond James Financial, Inc. (NYSE:RJF) news were published by: Seekingalpha.com which released: “Raymond James Financial: Positioned To Thrive In The Next Crisis – Seeking Alpha” on July 09, 2019, also Seekingalpha.com with their article: “Raymond James July client AUM rises to record $831.1B – Seeking Alpha” published on August 21, 2019, Bizjournals.com published: “Raymond James launches $750M stock buyback – Tampa Bay Business Journal” on August 19, 2019. More interesting news about Raymond James Financial, Inc. (NYSE:RJF) were released by: Seekingalpha.com and their article: “Raymond James Financial Q3 2019 Earnings Preview – Seeking Alpha” published on July 23, 2019 as well as Seekingalpha.com‘s news article titled: “Key Risks Weighing Down Raymond James Financial, Inc. – Seeking Alpha” with publication date: June 19, 2019.
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