01 July, 2017
(NASDAQ:BGCP). North Point Port Managers Oh holds 0.05% in BGC Partners, Inc. SC stock price climbed 22.57% over the past year, yielding a positive weighted alpha of 15.3 percent.
On April 2 Raymond James made no change to the stock rating of "Outperform" but moved up the price target to $12.00 from $10.00.
Bgc Partners Class A (NASDAQ:BGCP) had a decrease of 1.61% in short interest.
Shares of BGC Partners, Inc. Through its eSpeed and BGCantor Market Data brands, BGC also offers financial technology solutions and market data and analytics related to selected financial instruments and markets. Zacks Investment Research cut shares of BGC Partners from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 30th.
BGC Partners, Inc. (NASDAQ:BGCP) gained 0.50% with the closing price of $12.16. 2,976,199 shares of the company traded hands. BGC Partners, Inc. The company's 50 day moving average price is $11.83 and its 200-day moving average price is $11.19. BGC Partners has a one year low of $8.18 and a one year high of $12.69. The stock has a market cap of $3.46 billion, a PE ratio of 32.17 and a beta of 1.25. (NASDAQ:BGCP). Blair William And Il has invested 0% in BGC Partners, Inc. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. BGC Partners had a return on equity of 32.21% and a net margin of 4.14%. The business had revenue of $707.40 million during the quarter, compared to the consensus estimate of $693 million.
Financial stocks were moderately higher Thursday after the Federal Reserve last night said it had no objections to any of the proposed capital plans of the 34 largest banks operating in the U.S. At last look, the NYSE Financial Sector Index was adding about 0.3% in value, reversing an earlier decline, while financial companies in the S&P 500 Index were climbing almost 0.3% in recent trade. The company's revenue for the quarter was up 10.4% on a year-over-year basis. Analysts expect next quarter's EPS will be $0.25 and the next full year EPS is anticipated to be $1.13.
The business also recently announced a quarterly dividend, which was paid on Monday, June 5th.
Investors sentiment decreased to 0.88 in Q4 2016.
BGC Partners, Inc.'s Quick Ratio shows the value of 0. The ex-dividend date was set for Wednesday the 17th of May 2017.
(+) RF, (+3.2%) Increases quarterly dividend by 28.6% to $0.09 per share beginning in Q3. BGC Partners's dividend payout ratio (DPR) is now 184.62%. If you are accessing this piece on another site, it was illegally stolen and republished in violation of USA & worldwide copyright and trademark law. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of United States and worldwide trademark and copyright legislation.
First Financial Equity Corporation purchased a new position in shares of BGC Partners, Inc. The company's stock has a normal trading capacity of 1.73M shares while the relative volume is 2.80. The firm acquired 545,000 shares of the financial services provider's stock, valued at approximately $6,191,000. Dimensional Fund Advisors LP raised its position in shares of BGC Partners by 9.0% in the fourth quarter. Highbridge Capital Management LLC bought a new stake in BGC Partners during the fourth quarter worth approximately $2,693,000. TFS Capital LLC raised its position in shares of BGC Partners by 142.9% in the first quarter. Finally, Jane Street Group LLC bought a new stake in BGC Partners during the first quarter valued at $164,000. Teachers Advisors LLC now owns 355,684 shares of the financial services provider's stock worth $3,639,000 after buying an additional 7,618 shares in the last quarter. There is a large variety of Financial Ratios that can be considered while making an investment decision but here in the case of BGC Partners, Inc.
