Great West Life Assurance Co. Can increased its position in shares of PJT Partners Inc (NYSE:PJT) by 5,476.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,450 shares of the financial services provider’s stock after buying an additional 1,424 shares during the period. Great West Life Assurance Co. Can’s holdings in PJT Partners were worth $59,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its stake in PJT Partners by 3.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,051 shares of the financial services provider’s stock worth $326,000 after buying an additional 254 shares during the period. First Bank & Trust increased its stake in PJT Partners by 8.4% during the 3rd quarter. First Bank & Trust now owns 5,907 shares of the financial services provider’s stock worth $240,000 after buying an additional 457 shares during the period. Ladenburg Thalmann Financial Services Inc. increased its stake in PJT Partners by 21.6% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,700 shares of the financial services provider’s stock worth $153,000 after buying an additional 657 shares during the period. State Board of Administration of Florida Retirement System increased its stake in PJT Partners by 8.5% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 8,391 shares of the financial services provider’s stock worth $340,000 after buying an additional 660 shares during the period. Finally, Capital Fund Management S.A. increased its stake in PJT Partners by 4.9% during the 2nd quarter. Capital Fund Management S.A. now owns 15,000 shares of the financial services provider’s stock worth $608,000 after buying an additional 700 shares during the period. 64.34% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts recently issued reports on PJT shares. Sandler O’Neill raised shares of PJT Partners from a “hold” rating to a “buy” rating in a research note on Wednesday, July 31st. Buckingham Research lifted their price target on shares of PJT Partners from $42.00 to $44.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 29th. ValuEngine raised shares of PJT Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, July 31st. Finally, Zacks Investment Research downgraded shares of PJT Partners from a “hold” rating to a “sell” rating in a research note on Friday, July 19th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. PJT Partners currently has an average rating of “Hold” and an average target price of $49.50.

PJT opened at $42.56 on Friday. The company has a 50-day moving average of $40.50 and a 200-day moving average of $40.39. The company has a market capitalization of $993.41 million, a P/E ratio of 21.60 and a beta of 1.25. PJT Partners Inc has a 1-year low of $35.28 and a 1-year high of $49.14. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.77 and a current ratio of 2.85.

PJT Partners (NYSE:PJT) last released its earnings results on Tuesday, October 29th. The financial services provider reported $0.60 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.05. The company had revenue of $174.23 million during the quarter. PJT Partners had a net margin of 3.13% and a return on equity of 15.97%.

About PJT Partners

PJT Partners Inc, an investment bank, provides various strategic advisory, shareholder engagement, restructuring and special situations, and private fund advisory and placement services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers a range of financial advisory and transaction execution capability, including mergers and acquisitions, joint ventures, minority investments, asset swaps, divestitures, takeover defenses, corporate finance advisory, private placements, and distressed sales.

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Institutional Ownership by Quarter for PJT Partners (NYSE:PJT)

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