BGC Partners, Inc. (NASDAQ:BGCP) Shares Bought by First Trust Advisors LP

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07 July, 2017

The institutional investor owned 431,410 shares of the financial services provider's stock after buying an additional 91,730 shares during the period. L P's holdings in BGC Partners were worth $282,000 at the end of the most recent quarter. Accern also assigned headlines about the financial services provider an impact score of 96 out of 100, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. Norges Bank bought a new stake in BGC Partners during the fourth quarter worth about $18,279,000. Schroder Investment Management Group owns $246.75 million in BGC Partners, Inc., which represents roughly 6.84% of the company's market cap and approximately 15.06% of the institutional ownership.

Shikiar Asset Management Inc increased Bgc Partners Inc (BGCP) stake by 4.8% reported in 2016Q4 SEC filing. Raymond James Trust N.A. now owns 55,838 shares of the financial services provider's stock worth $634,000 after buying an additional 7,304 shares in the last quarter. Keybank National Association OH bought a new stake in shares of BGC Partners during the fourth quarter valued at about $128,000. Regent Investment Management LLC now owns 13,000 shares of the financial services provider's stock valued at $148,000 after buying an additional 1,000 shares during the period. TNB Financial acquired a new position in BGC Partners during the first quarter worth approximately $392,000.

Director, Bell Linda A, sold 3,471 common shares of BGC Partners, Inc. (NASDAQ:BGCP) was up 0.72% at $12.64 on Friday, in a 52-week range of $8.18 to $12.69 and with a consensus analyst target price of $13.75. About shares traded. Beasley Broadcast Group Inc (NASDAQ:BBGI) has risen 95.80% since July 3, 2016 and is uptrending.

The P/E ratio is 33.585 and market cap is 3.62B.

BGC Partners, Inc. (BGCP) have shown a high EPS growth of 16.10% in the last 5 years and has earnings decline of -24.50% yoy.

BGC Partners (NASDAQ:BGCP) last announced its earnings results on Thursday, May 4th. BGC Partners had a net margin of 4.14% and a return on equity of 32.21%. The business had revenue of $707.40 million during the quarter, compared to analysts' expectations of $693 million. During the same quarter in the prior year, the firm earned $0.18 earnings per share. The business's quarterly revenue was up 10.4% compared to the same quarter a year ago. On average, analysts predict that BGC Partners will post $1.00 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, June 5th. BGCP is down around 35.28% from its 12-month high of $8.18 notched on Jul 06, 2016 but is -0.4% above its highest point the past 12 months of $12.69 a share. The ex-dividend date was Wednesday the 17th of May 2017. The average of this ratio is 0.02 for the industry and sector's best figure appears -5.05. Arizona-based Tci Wealth Advsr Incorporated has invested 0.02% in BGC Partners, Inc. BGC Partners's dividend payout ratio (DPR) is now 184.62%.

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BGC Partners, Inc. (NASDAQ:BGCP) has risen 23.56% since January and is up 6.31% for the past week.

A number of equities analysts have weighed in on BGCP shares. Zacks Investment Research cut shares of BGC Partners from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 30th. The correct version of this report can be viewed at https://www.chaffeybreeze.com/2017/07/03/bgc-partners-inc-bgcp-downgraded-to-hold-at-bidaskclub-updated.html. 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.


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