Raymond James Financial, Inc. (RJF) EPS Estimated At $1.16

July 18, 2017 - By Clifton Ray

 Raymond James Financial, Inc. (RJF) EPS Estimated At $1.16
Investors sentiment increased to 1.32 in Q4 2016. Its up 0.50, from 0.82 in 2016Q3. It is positive, as 19 investors sold Raymond James Financial, Inc. shares while 118 reduced holdings. 68 funds opened positions while 113 raised stakes. 94.99 million shares or 0.50% less from 95.47 million shares in 2016Q3 were reported.
Blue Chip Ptnrs reported 0.13% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF). Quantbot L P holds 0.26% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF) for 33,468 shares. State Street Corporation reported 0.03% stake. Td Asset Mgmt stated it has 0% in Raymond James Financial, Inc. (NYSE:RJF). 13,542 are held by Fincl Bank Of Montreal Can. Great West Life Assurance Company Can accumulated 109,234 shares or 0.02% of the stock. Shell Asset Management Company holds 24,240 shares. Commerce Bankshares owns 3,783 shares. Burney invested in 185,315 shares. Atria Investments Limited Liability Corp reported 4,750 shares stake. Toronto Dominion Bank holds 1,105 shares or 0% of its portfolio. Point72 Asia (Hong Kong) Limited invested in 0.05% or 756 shares. Moreover, Castleark Mngmt Ltd Llc has 0.12% invested in Raymond James Financial, Inc. (NYSE:RJF). Jacobus Wealth Mngmt owns 12,000 shares or 0.24% of their US portfolio. Advsrs Asset Management holds 0.05% or 40,989 shares.

Since January 30, 2017, it had 0 buys, and 10 selling transactions for $3.47 million activity. ZANK DENNIS W also sold $493,815 worth of Raymond James Financial, Inc. (NYSE:RJF) on Wednesday, March 1. $167,297 worth of stock was sold by Raney Steven M on Tuesday, February 21. Elwyn Tashtego S sold $58,558 worth of stock or 791 shares. $198,602 worth of Raymond James Financial, Inc. (NYSE:RJF) shares were sold by ACKART JENNIFER C. The insider Santelli Jonathan N sold 1,880 shares worth $137,804. On Monday, February 13 the insider JULIEN JEFFREY P sold $602,700. Catanese George also sold $335,397 worth of Raymond James Financial, Inc. (NYSE:RJF) shares.

Wall Street await Raymond James Financial, Inc. (NYSE:RJF) to release earnings on July, 19. Analysts forecast earnings per share of $1.16, up exactly $0.23 or 24.73 % from 2014’s $0.93 EPS. The expected RJF’s profit could reach $168.04M giving the stock 17.84 P/E in the case that $1.16 earnings per share is reported. After posting $1.28 EPS for the previous quarter, Raymond James Financial, Inc.’s analysts now forecast -9.38 % negative EPS growth. The stock increased 0.63% or $0.52 on July 17, reaching $82.77. About shares traded. Raymond James Financial, Inc. (NYSE:RJF) has risen 41.57% since July 18, 2016 and is uptrending. It has outperformed by 24.87% the S&P500.

Raymond James Financial, Inc. (NYSE:RJF) Ratings Coverage

Among 10 analysts covering Raymond James Financial Inc. (NYSE:RJF), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Raymond James Financial Inc. had 28 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Mkt Perform” rating by JMP Securities on Friday, October 28. The firm has “Buy” rating given on Monday, October 26 by Citigroup. Wood maintained Raymond James Financial, Inc. (NYSE:RJF) rating on Thursday, May 25. Wood has “Hold” rating and $85 target. The firm earned “Outperform” rating on Monday, February 22 by Credit Suisse. Citigroup downgraded Raymond James Financial, Inc. (NYSE:RJF) on Tuesday, January 12 to “Neutral” rating. On Monday, January 25 the stock rating was downgraded by Nomura to “Neutral”. The company was maintained on Monday, July 11 by Nomura. The firm earned “Hold” rating on Monday, June 26 by Keefe Bruyette & Woods. The stock of Raymond James Financial, Inc. (NYSE:RJF) has “Mkt Perform” rating given on Monday, December 5 by Keefe Bruyette & Woods. The firm has “Buy” rating by Nomura given on Thursday, July 13.

Raymond James Financial, Inc. is a financial holding company. The company has market cap of $11.99 billion. The Company’s subsidiaries include Raymond James & Associates, Inc. (RJ&A), Raymond James Financial Services, Inc. (RJFS), Raymond James Financial Services Advisors, Inc. (RJFSA), Raymond James Ltd. (RJ Ltd.), Eagle Asset Management, Inc. (Eagle), and Raymond James Bank, N.A. (RJ Bank). It has a 21.65 P/E ratio. It operates through five divisions: Private Client Group (PCG), Capital Markets, Asset Management, RJ Bank and the Other segment.

More notable recent Raymond James Financial, Inc. (NYSE:RJF) news were published by: Nasdaq.com which released: “Time to Focus on Raymond James Financial (RJF) for Strong Earnings Growth …” on June 23, 2017, also Nasdaq.com with their article: “Raymond James Financial, Inc. (RJF) Ex-Dividend Date Scheduled for June 29, 2017” published on June 28, 2017, Nasdaq.com published: “3 Reasons Why Raymond James Financial (RJF) is a Great Momentum Stock” on June 19, 2017. More interesting news about Raymond James Financial, Inc. (NYSE:RJF) were released by: Investorplace.com and their article: “Ex-Dividend Reminders Include Raymond James Financial, Inc. (RJF) and …” published on June 27, 2017 as well as Nasdaq.com‘s news article titled: “How To YieldBoost Raymond James Financial To 14.9% Using Options” with publication date: June 23, 2017.

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