Raymond James Trust N.A. lessened its position in BGC Partners, Inc. (NASDAQ:BGCP) by 4.5% during the 4th quarter, HoldingsChannel reports. The fund owned 86,729 shares of the financial services provider’s stock after selling 4,112 shares during the quarter. Raymond James Trust N.A.’s holdings in BGC Partners were worth $1,310,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its holdings in shares of BGC Partners by 13.1% in the second quarter. PNC Financial Services Group Inc. now owns 9,508 shares of the financial services provider’s stock valued at $120,000 after purchasing an additional 1,100 shares during the last quarter. New York State Common Retirement Fund increased its holdings in shares of BGC Partners by 54.8% in the second quarter. New York State Common Retirement Fund now owns 539,002 shares of the financial services provider’s stock valued at $6,813,000 after purchasing an additional 190,709 shares during the last quarter. UBS Asset Management Americas Inc. increased its holdings in shares of BGC Partners by 10.0% in the second quarter. UBS Asset Management Americas Inc. now owns 148,153 shares of the financial services provider’s stock valued at $1,873,000 after purchasing an additional 13,424 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of BGC Partners by 1.7% in the second quarter. Vanguard Group Inc. now owns 18,619,070 shares of the financial services provider’s stock valued at $235,346,000 after purchasing an additional 308,977 shares during the last quarter. Finally, M&T Bank Corp increased its holdings in shares of BGC Partners by 1.3% in the second quarter. M&T Bank Corp now owns 20,250 shares of the financial services provider’s stock valued at $256,000 after purchasing an additional 250 shares during the last quarter. Institutional investors and hedge funds own 43.72% of the company’s stock.

Shares of BGC Partners, Inc. (NASDAQ BGCP) opened at $13.92 on Wednesday. The company has a debt-to-equity ratio of 2.97, a quick ratio of 1.31 and a current ratio of 1.32. The stock has a market capitalization of $3,867.79, a price-to-earnings ratio of 29.62 and a beta of 1.06. BGC Partners, Inc. has a one year low of $10.39 and a one year high of $16.97.

Several equities research analysts recently commented on BGCP shares. BidaskClub cut BGC Partners from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. ValuEngine cut BGC Partners from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st.

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BGC Partners Company Profile

BGC Partners, Inc (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services and Real Estate Services. It provides a range of services, including trade execution, broker-dealer services clearing, trade compression, post trade, information, and other back-office services to a range of financial and non-financial institutions.

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Institutional Ownership by Quarter for BGC Partners (NASDAQ:BGCP)

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