Analysts See $0.41 EPS for LPL Financial Holdings Inc. (LPLA)

January 8, 2018 - By Vivian Park

 Analysts See $0.41 EPS for LPL Financial Holdings Inc. (LPLA)
Investors sentiment increased to 2 in 2017 Q3. Its up 0.73, from 1.27 in 2017Q2. It increased, as 18 investors sold LPL Financial Holdings Inc. shares while 46 reduced holdings. 54 funds opened positions while 74 raised stakes. 80.35 million shares or 0.14% more from 80.24 million shares in 2017Q2 were reported.
Gru One Trading Lp reported 199 shares or 0% of all its holdings. Vaughan Nelson Mgmt Limited Partnership reported 617,300 shares. National Bank Of Mellon holds 523,323 shares. Martingale Asset Management Limited Partnership reported 0.05% stake. Savings Bank Of Montreal Can reported 0.01% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA). Clark Capital Mngmt Group invested in 0.13% or 73,932 shares. 55,600 were accumulated by Apg Asset Management Nv. Moreover, Us Comml Bank De has 0% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA). Point72 Asia (Hong Kong) reported 0.01% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA). Wells Fargo And Communication Mn reported 342,284 shares. Zacks Investment, a Illinois-based fund reported 38,809 shares. Piermont Cap invested 0.93% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA). 12,433 were accumulated by Proshare Advsrs Limited Liability Corporation. Bnp Paribas Arbitrage Sa stated it has 106,782 shares or 0.01% of all its holdings. Dimensional Fund Advsr Lp has invested 0.03% in LPL Financial Holdings Inc. (NASDAQ:LPLA).

Analysts expect LPL Financial Holdings Inc. (NASDAQ:LPLA) to report $0.41 EPS on February, 8.They anticipate $0.05 EPS change or 10.87 % from last quarter’s $0.46 EPS. LPLA’s profit would be $36.96 million giving it 36.41 P/E if the $0.41 EPS is correct. After having $0.63 EPS previously, LPL Financial Holdings Inc.’s analysts see -34.92 % EPS growth. The stock increased 1.60% or $0.94 during the last trading session, reaching $59.72. About 619,415 shares traded. LPL Financial Holdings Inc. (NASDAQ:LPLA) has risen 64.23% since January 8, 2017 and is uptrending. It has outperformed by 47.53% the S&P500.

LPL Financial Holdings Inc. (NASDAQ:LPLA) Ratings Coverage

Among 10 analysts covering LPL Financial Holdings (NASDAQ:LPLA), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. LPL Financial Holdings had 40 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) earned “Sell” rating by UBS on Friday, October 2. As per Wednesday, August 16, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Citigroup on Monday, October 30 with “Buy”. On Friday, May 27 the stock rating was maintained by Citigroup with “Neutral”. Keefe Bruyette & Woods maintained the shares of LPLA in report on Thursday, December 21 with “Buy” rating. JP Morgan downgraded LPL Financial Holdings Inc. (NASDAQ:LPLA) on Wednesday, October 12 to “Neutral” rating. Morgan Stanley initiated LPL Financial Holdings Inc. (NASDAQ:LPLA) rating on Monday, September 26. Morgan Stanley has “Underweight” rating and $27 target. The company was downgraded on Friday, February 12 by Wells Fargo. The rating was maintained by Keefe Bruyette & Woods on Thursday, October 5 with “Buy”. The firm earned “Equal-Weight” rating on Wednesday, January 3 by Morgan Stanley.

LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors in the United States. The company has market cap of $5.38 billion. The Company’s brokerage offerings include variable and fixed annuities, mutual funds, equities, alternative investments such as non-traded real estate investment trusts and business development companies, retirement and 529 education savings plans, fixed income, and insurance. It has a 25.27 P/E ratio. The company??s fee platforms provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities.

More notable recent LPL Financial Holdings Inc. (NASDAQ:LPLA) news were published by: Globenewswire.com which released: “LPL Financial Welcomes Top Firms From NPH” on December 14, 2017, also Globenewswire.com with their article: “LPL Financial Welcomes Zuk Financial Group” published on December 12, 2017, Globenewswire.com published: “LPL Financial Announces Fourth Quarter and Full Year 2017 Earnings Release …” on January 02, 2018. More interesting news about LPL Financial Holdings Inc. (NASDAQ:LPLA) were released by: Businesswire.com and their article: “Robbins Arroyo LLP Announces That Investors of LPL Financial Holdings Inc …” published on January 05, 2018 as well as Seekingalpha.com‘s news article titled: “LPL Financial Holdings’ (LPLA) CEO Dan Arnold on Q3 2017 Results – Earnings …” with publication date: October 28, 2017.

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