Raymond James Financial, Inc. (NYSE:RJF) was the recipient of unusually large options trading on Monday. Stock traders purchased 718 call options on the stock. This represents an increase of approximately Infinity compared to the typical volume of 0 call options.

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Raymond James Financial by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 12,891,297 shares of the financial services provider’s stock valued at $1,034,139,000 after purchasing an additional 319,457 shares during the last quarter. Boston Partners lifted its stake in shares of Raymond James Financial by 0.6% in the 3rd quarter. Boston Partners now owns 5,312,709 shares of the financial services provider’s stock valued at $448,021,000 after purchasing an additional 30,481 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Raymond James Financial by 3.4% in the 3rd quarter. Wells Fargo & Company MN now owns 3,308,312 shares of the financial services provider’s stock valued at $278,990,000 after purchasing an additional 109,555 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Raymond James Financial by 0.7% in the 2nd quarter. Northern Trust Corp now owns 1,461,795 shares of the financial services provider’s stock valued at $117,266,000 after purchasing an additional 10,794 shares during the last quarter. Finally, BT Investment Management Ltd lifted its stake in shares of Raymond James Financial by 0.7% in the 3rd quarter. BT Investment Management Ltd now owns 1,240,326 shares of the financial services provider’s stock valued at $104,597,000 after purchasing an additional 9,053 shares during the last quarter. 69.59% of the stock is owned by institutional investors and hedge funds.

Several analysts recently issued reports on RJF shares. BidaskClub cut Raymond James Financial from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Buckingham Research increased their target price on Raymond James Financial from $92.00 to $96.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Zacks Investment Research upgraded Raymond James Financial from a “hold” rating to a “buy” rating and set a $87.00 price target for the company in a report on Wednesday, August 30th. Keefe, Bruyette & Woods restated a “hold” rating and set a $85.00 price target on shares of Raymond James Financial in a report on Tuesday, August 29th. Finally, Wells Fargo & Company upgraded Raymond James Financial from a “market perform” rating to an “outperform” rating and raised their price target for the company from $86.00 to $90.00 in a report on Thursday, September 14th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Raymond James Financial currently has an average rating of “Buy” and a consensus price target of $89.67.

Raymond James Financial (RJF) opened at $83.55 on Friday. The firm has a market capitalization of $12,100.00, a P/E ratio of 16.57, a price-to-earnings-growth ratio of 0.84 and a beta of 1.71. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.14 and a current ratio of 1.17. Raymond James Financial has a 1-year low of $66.28 and a 1-year high of $87.22.

Raymond James Financial (NYSE:RJF) last released its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.15. The business had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Raymond James Financial had a return on equity of 13.97% and a net margin of 9.75%. The firm’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.28 EPS. equities research analysts expect that Raymond James Financial will post 5.89 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Monday, October 2nd were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend was Friday, September 29th. Raymond James Financial’s payout ratio is 20.37%.

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Raymond James Financial Company Profile

Raymond James Financial, Inc (RJF) is a financial holding company. The Company’s subsidiaries include Raymond James & Associates, Inc (RJ&A), Raymond James Financial Services, Inc (RJFS), Raymond James Financial Services Advisors, Inc (RJFSA), Raymond James Ltd. (RJ Ltd.), Eagle Asset Management, Inc (Eagle), and Raymond James Bank, N.A.

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