Oppenheimer Holdings Inc. (NYSE:OPY) Shares Sold by Inspire Investing LLC

Inspire Investing LLC trimmed its position in Oppenheimer Holdings Inc. (NYSE:OPY) by 23.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,181 shares of the financial services provider’s stock after selling 1,921 shares during the period. Inspire Investing LLC’s holdings in Oppenheimer were worth $396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in OPY. BNP Paribas Financial Markets increased its position in shares of Oppenheimer by 3,146.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,214 shares of the financial services provider’s stock valued at $164,000 after acquiring an additional 3,115 shares during the period. Quest Partners LLC increased its position in shares of Oppenheimer by 140.1% in the 3rd quarter. Quest Partners LLC now owns 4,070 shares of the financial services provider’s stock valued at $208,000 after acquiring an additional 2,375 shares during the period. Quadrature Capital Ltd acquired a new position in shares of Oppenheimer in the 3rd quarter valued at $290,000. Jane Street Group LLC acquired a new stake in Oppenheimer during the 3rd quarter worth about $319,000. Finally, Bank of Montreal Can acquired a new stake in Oppenheimer during the 2nd quarter worth about $367,000. 32.26% of the stock is owned by institutional investors and hedge funds.

Oppenheimer Price Performance

Shares of OPY opened at $71.42 on Wednesday. The business’s 50-day moving average is $64.59 and its two-hundred day moving average is $56.64. The company has a market capitalization of $737.77 million, a P/E ratio of 11.11 and a beta of 1.14. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.80 and a current ratio of 1.29. Oppenheimer Holdings Inc. has a fifty-two week low of $36.93 and a fifty-two week high of $72.88.

Oppenheimer Company Profile

Oppenheimer Holdings Inc operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company provides brokerage services covering corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, exchange-traded funds, and unit investment trusts; financial and wealth planning services; and margin lending services.