Lpl Financial Holdings INC (LPLA) Shareholder Fairview Capital Investment Management LLC Decreased Its Stake by $27.44 Million as Shares Rose

April 20, 2018 - By Nellie Deboer

LPL Financial Holdings Inc. (NASDAQ:LPLA) Corporate LogoDuring Q4 2017 the big money sentiment decreased to 1.02. That’s change of 0.98, from 2017Q3’s 2. 23 investors sold all, 80 reduced holdings as LPLA ratio fall. 61 rose holdings while 44 funds took holdings. Funds hold 81.20 million shares thus 1.06% more from 2017Q3’s 80.35 million shares. Cipher LP owns 8,934 shs. State Street Corp has 0.01% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 1.31M shs. Schwab Charles Invest Mngmt has 0.02% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 473,443 shs. Mufg Americas holds 0.03% or 16,190 shs in its capital. Aperio Grp Incorporated Limited Liability Com holds 16,634 shs. Soros Fund Mgmt Ltd Limited Liability Company accumulated 148,100 shs. American Gp Inc stated it has 0% of its capital in LPL Financial Holdings Inc. (NASDAQ:LPLA). Nomura invested 0.01% of its capital in LPL Financial Holdings Inc. (NASDAQ:LPLA). Three Peaks Cap Management Ltd Liability Corporation, Colorado-based fund reported 242,544 shs. Atlantic Trust Grp Limited Liability Co holds 0% or 147 shs. 35,197 are owned by Bluemountain Management Lc. Gsa Capital Prtn Llp holds 0.07% of its capital in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 20,138 shs. California Pub Employees Retirement System stated it has 0.02% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Legal And General Gp Public Limited Co has 86,348 shs. Bank Of Montreal Can holds 0% of its capital in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 43,605 shs.

LPLA had 13 insider sales and 0 insider buys since February 5, 2018. This’s net activity of $93.03 million. 20,000 shs valued at $1.25M were sold by Morrissey William P. Jr. on Monday, February 5. On Friday, March 2 RIEPE JAMES S also sold $353,521 worth of LPL Financial Holdings Inc. (NASDAQ:LPLA). $1.64 million worth of stock was sold by White George Burton on Tuesday, March 13. On Wednesday, March 7 a trade for 11,206 shs valued at $711,159 was made by Arnold Dan H.. On Monday, February 26 $13.75 million worth of stock was sold by Hellman Marco.

According to 2017Q4 SEC filling the Fairview Capital Investment Management Llc decreased its holdings in Lpl Financial Holdings Inc (LPLA) by 12.24%. By selling 481,398 shares Fairview Capital Investment Management Llc made the stock popped up with 3.07%. The investment bankers and brokers and service company reported $197.15 million value for the 2017Q4. Now the hedge fund is holding 3.45 million shares, compared to the 3.93M from the previous quarter. Lpl Financial Holdings Inc has $5.46 billion MC. LPLA reached $60.57 during the last trading session after $0.61 change.LPL Financial Holdings Inc. is uptrending after having risen 54.79% since April 20, 2017. LPLA has 1.08M volume or 16.92% up from normal. LPLA outperformed the S&P500 by 43.24%.

Fairview Capital Investment Management Llc has risen its stake in First Tr Exchange Trad No Amer (EMLP) and also increased its holding in Fluor Corp (NYSE:FLR) by 467,725 shares in the quarter, for a total of 657,779 shares.

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 $61.34M for 22.27 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

In total 8 analysts cover LPL Financial (NASDAQ:LPLA). “Buy” rating has 6, “Sell” are 0, while 2 are “Hold”. 75% are bullish. With $90.0 highest and $53 lowest [Target] LPL Financial has $75.75 average [Target] or 25.06% above the current ($60.57) price. 16 are the (NASDAQ:LPLA)’s analyst reports since October 27, 2017 according to StockzIntelligence Inc. On Thursday, November 30 Credit Suisse initiated LPL Financial Holdings Inc. (NASDAQ:LPLA) rating. Credit Suisse has “Buy” rating and $68.0 target. On Thursday, December 21 the rating was maintained by Keefe Bruyette & Woods with “Buy”. On Friday, November 10 Citigroup maintained LPL Financial Holdings Inc. (NASDAQ:LPLA) rating. Citigroup has “Buy” rating and $65 target. On Wednesday, January 3 Morgan Stanley upgraded the shares of LPLA in report to “Equal-Weight” rating. On Monday, February 5 the firm has “Buy” rating given by Credit Suisse. On Monday, October 30 the rating was maintained by Citigroup with “Buy”. The stock rating was maintained by Nomura with “Buy” on Friday, February 2. On Monday, February 26 the firm has “Buy” rating given by Keefe Bruyette & Woods. On Friday, October 27 the firm earned “Buy” rating by SunTrust. On Thursday, November 9 Nomura maintained LPL Financial Holdings Inc. (NASDAQ:LPLA) with “Buy” rating.

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

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