As Lpl Finl Hldgs INC (LPLA) Valuation Rose, Shareholder Junto Capital Management LP Decreased Its Position by $16.47 Million

April 25, 2018 - By Maria Brooks

LPL Financial Holdings Inc. (NASDAQ:LPLA) LogoInvestors sentiment decreased to 1.02 in 2017 Q4. Its down 0.98, from 2 in 2017Q3. It worsened, as 23 investors sold LPLA shares while 80 reduced holdings. 44 funds opened positions while 61 raised stakes. 81.20 million shares or 1.06% more from 80.35 million shares in 2017Q3 were reported. Vaughan Nelson Investment Management Lp owns 0.4% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 602,425 shares. Yorktown Research owns 31,915 shares for 0.53% of their portfolio. Nomura holds 0.01% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 55,380 shares. 151,364 were reported by Daiwa Grp. Employees Retirement Association Of Colorado holds 0% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 9,731 shares. Meeder Asset Incorporated, a Ohio-based fund reported 1,096 shares. Price Mngmt Incorporated invested 0.54% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Principal Fincl Grp Inc reported 12,685 shares. 143,132 are held by California State Teachers Retirement Sys. Globeflex LP holds 0.32% or 20,046 shares in its portfolio. Congress Asset Management Ma owns 40,685 shares or 0.03% of their US portfolio. Envestnet Asset Management holds 1,064 shares or 0% of its portfolio. Rafferty Asset Llc invested in 19,264 shares. Fuller & Thaler Asset Mngmt owns 0% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 1,000 shares. Eam Ltd Limited Liability Company reported 48,015 shares stake.

Since February 5, 2018, it had 0 insider buys, and 13 insider sales for $93.03 million activity. Arnold Dan H. also sold $261,061 worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) shares. RIEPE JAMES S sold $353,521 worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) on Friday, March 2. $151,395 worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) was sold by Kalbaugh John Andrew. $1.25 million worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) was sold by Morrissey William P. Jr. on Monday, February 5. Shares for $1.64 million were sold by White George Burton.

Junto Capital Management Lp decreased its stake in Lpl Finl Hldgs Inc (LPLA) by 34.96% based on its latest 2017Q4 regulatory filing with the SEC. Junto Capital Management Lp sold 288,871 shares as the company’s stock rose 3.07% while stock markets declined. The institutional investor held 537,348 shares of the investment bankers and brokers and service company at the end of 2017Q4, valued at $30.70 million, down from 826,219 at the end of the previous reported quarter. Junto Capital Management Lp who had been investing in Lpl Finl Hldgs Inc for a number of months, seems to be less bullish one the $5.44B market cap company. The stock decreased 1.21% or $0.74 during the last trading session, reaching $60.29. About 405,012 shares traded. LPL Financial Holdings Inc. (NASDAQ:LPLA) has risen 54.79% since April 25, 2017 and is uptrending. It has outperformed by 43.24% the S&P500.

Junto Capital Management Lp, which manages about $738.27 million and $1.31 billion US Long portfolio, upped its stake in Mcdonalds Corp (NYSE:MCD) by 61,548 shares to 247,567 shares, valued at $42.61 million in 2017Q4, according to the filing. It also increased its holding in Planet Fitness Inc by 329,632 shares in the quarter, for a total of 1.68M shares, and has risen its stake in Verisk Analytics Inc (NASDAQ:VRSK).

Analysts await LPL Financial Holdings Inc. (NASDAQ:LPLA) to report earnings on May, 3 after the close. They expect $0.68 earnings per share, up 3.03 % or $0.02 from last year’s $0.66 per share. LPLA’s profit will be $61.33M for 22.17 P/E if the $0.68 EPS becomes a reality. After $0.89 actual earnings per share reported by LPL Financial Holdings Inc. for the previous quarter, Wall Street now forecasts -23.60 % negative EPS growth.

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

Among 8 analysts covering LPL Financial (NASDAQ:LPLA), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. LPL Financial had 17 analyst reports since October 27, 2017 according to SRatingsIntel. Citigroup maintained LPL Financial Holdings Inc. (NASDAQ:LPLA) rating on Monday, October 30. Citigroup has “Buy” rating and $65 target. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, February 7. Morgan Stanley upgraded LPL Financial Holdings Inc. (NASDAQ:LPLA) on Wednesday, January 3 to “Equal-Weight” rating. JP Morgan maintained LPL Financial Holdings Inc. (NASDAQ:LPLA) on Tuesday, April 24 with “Neutral” rating. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, December 21. The firm has “Buy” rating by SunTrust given on Friday, October 27. The firm earned “Buy” rating on Monday, February 26 by Keefe Bruyette & Woods. Credit Suisse initiated LPL Financial Holdings Inc. (NASDAQ:LPLA) on Thursday, November 30 with “Buy” rating. On Friday, November 10 the stock rating was maintained by Citigroup with “Buy”. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) has “Buy” rating given on Friday, February 2 by SunTrust.

LPL Financial Holdings Inc. (NASDAQ:LPLA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: