Focus Financial Partners Inc (NASDAQ:FOCS) saw some unusual options trading activity on Monday. Investors acquired 5,350 put options on the stock. This represents an increase of 4,512% compared to the typical volume of 116 put options.

Several brokerages have weighed in on FOCS. Zacks Investment Research downgraded shares of Focus Financial Partners from a “buy” rating to a “hold” rating in a research note on Tuesday, April 23rd. Bank of America set a $37.00 target price on shares of Focus Financial Partners and gave the company a “hold” rating in a research note on Tuesday, April 9th. SunTrust Banks raised their target price on shares of Focus Financial Partners to $42.00 and gave the company a “hold” rating in a research note on Tuesday, March 5th. Oppenheimer began coverage on shares of Focus Financial Partners in a research note on Monday, April 8th. They issued an “outperform” rating and a $48.00 target price for the company. Finally, BMO Capital Markets raised their target price on shares of Focus Financial Partners from $44.00 to $46.00 and gave the company an “outperform” rating in a research note on Monday, February 25th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $42.83.

Shares of FOCS opened at $30.70 on Wednesday. The company has a market capitalization of $2.12 billion and a price-to-earnings ratio of 31.01. Focus Financial Partners has a twelve month low of $22.61 and a twelve month high of $49.51. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.73 and a quick ratio of 2.28.

Focus Financial Partners (NASDAQ:FOCS) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.47 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.06. Focus Financial Partners had a negative net margin of 3.12% and a positive return on equity of 21.17%. The business had revenue of $259.90 million during the quarter, compared to the consensus estimate of $258.97 million. During the same period in the previous year, the firm posted $0.35 earnings per share. The business’s revenue for the quarter was up 32.5% compared to the same quarter last year. On average, equities analysts predict that Focus Financial Partners will post 1.95 earnings per share for the current fiscal year.

Several large investors have recently bought and sold shares of the company. Marshall Wace North America L.P. lifted its stake in shares of Focus Financial Partners by 5.2% during the first quarter. Marshall Wace North America L.P. now owns 6,469 shares of the company’s stock worth $231,000 after buying an additional 321 shares during the period. Macquarie Group Ltd. lifted its stake in shares of Focus Financial Partners by 2.7% during the fourth quarter. Macquarie Group Ltd. now owns 17,381 shares of the company’s stock worth $458,000 after buying an additional 452 shares during the period. Voya Investment Management LLC lifted its stake in shares of Focus Financial Partners by 5.6% during the first quarter. Voya Investment Management LLC now owns 9,017 shares of the company’s stock worth $321,000 after buying an additional 480 shares during the period. Northern Trust Corp lifted its stake in shares of Focus Financial Partners by 0.5% during the fourth quarter. Northern Trust Corp now owns 233,703 shares of the company’s stock worth $6,154,000 after buying an additional 1,181 shares during the period. Finally, Jennison Associates LLC lifted its stake in shares of Focus Financial Partners by 0.4% during the fourth quarter. Jennison Associates LLC now owns 362,325 shares of the company’s stock worth $9,540,000 after buying an additional 1,457 shares during the period. Institutional investors and hedge funds own 76.86% of the company’s stock.

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About Focus Financial Partners

Focus Financial Partners Inc provides wealth management services to primarily high net worth individuals and families. Its wealth management services include investment advice, financial and tax planning, consulting, tax return preparation, family office services, and other services. The company also offers recordkeeping and administration services.

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