Piper Jaffray Companies (PJC) Receives Daily News Impact Score of 0.25

Press coverage about Piper Jaffray Companies (NYSE:PJC) has trended positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Piper Jaffray Companies earned a daily sentiment score of 0.25 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 45.1744742004167 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Piper Jaffray Companies (PJC) traded down $0.60 during trading hours on Friday, hitting $89.40. 82,418 shares of the stock traded hands, compared to its average volume of 111,561. The company has a current ratio of 1.48, a quick ratio of 0.15 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $1,161.99, a P/E ratio of -16.74 and a beta of 1.45. Piper Jaffray Companies has a one year low of $52.75 and a one year high of $99.80.

Piper Jaffray Companies (NYSE:PJC) last posted its earnings results on Thursday, February 1st. The financial services provider reported $1.80 EPS for the quarter, topping the consensus estimate of $1.45 by $0.35. Piper Jaffray Companies had a negative net margin of 7.30% and a positive return on equity of 11.32%. The company had revenue of $236.08 million during the quarter.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Monday, February 26th will be paid a dividend of $0.375 per share. This is a boost from Piper Jaffray Companies’s previous quarterly dividend of $0.31. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date is Friday, February 23rd. Piper Jaffray Companies’s dividend payout ratio is presently -23.41%.

Several equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $86.00 price objective on shares of Piper Jaffray Companies in a report on Friday, December 22nd. JMP Securities assumed coverage on shares of Piper Jaffray Companies in a report on Tuesday, November 7th. They set a “market perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $30.93.

In related news, insider Francis E. Iv Fairman sold 10,000 shares of the stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $96.13, for a total transaction of $961,300.00. Following the transaction, the insider now owns 51,513 shares of the company’s stock, valued at approximately $4,951,944.69. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Andrew S. Duff sold 50,000 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $93.44, for a total transaction of $4,672,000.00. Following the completion of the sale, the director now directly owns 238,248 shares in the company, valued at approximately $22,261,893.12. The disclosure for this sale can be found here. Corporate insiders own 5.36% of the company’s stock.

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About Piper Jaffray Companies

Piper Jaffray Companies is an investment bank and asset management company. The Company’s segments include Capital Markets and Asset Management. The Capital Markets segment provides investment banking and institutional sales, trading and research services for various equity and fixed income products.

Insider Buying and Selling by Quarter for Piper Jaffray Companies (NYSE:PJC)

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