PJT Partners (PJT) Given Media Impact Rating of 0.09
Media headlines about PJT Partners (NYSE:PJT) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. PJT Partners earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.1620587531878 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of PJT Partners (NYSE:PJT) opened at 38.32 on Thursday. The company has a 50-day moving average of $41.17 and a 200-day moving average of $38.21. The stock’s market capitalization is $709.80 million. PJT Partners has a 52-week low of $23.98 and a 52-week high of $45.38.
PJT Partners (NYSE:PJT) last announced its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by $0.07. The business had revenue of $109.31 million for the quarter. PJT Partners had a negative net margin of 0.27% and a negative return on equity of 115.47%. Equities research analysts anticipate that PJT Partners will post $1.73 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 21st. Shareholders of record on Thursday, September 7th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, September 6th. This represents a $0.20 dividend on an annualized basis and a yield of 0.52%. PJT Partners’s dividend payout ratio (DPR) is -200.00%.
A number of analysts recently weighed in on PJT shares. Bank of America Corporation raised shares of PJT Partners from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $39.00 to $45.00 in a research report on Thursday, May 11th. Zacks Investment Research lowered shares of PJT Partners from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, BidaskClub raised shares of PJT Partners from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 24th.
In other PJT Partners news, Director Dennis S. Hersch purchased 2,000 shares of PJT Partners stock in a transaction on Monday, August 14th. The shares were purchased at an average cost of $38.45 per share, with a total value of $76,900.00. Following the completion of the transaction, the director now directly owns 18,000 shares in the company, valued at approximately $692,100. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.30% of the company’s stock.
PJT Partners Company Profile
PJT Partners Inc is an advisory-focused investment bank. The Company offers an array of strategic advisory, restructuring and special situations and private fund advisory and placement services to corporations, financial sponsors, institutional investors and governments. It provides, through Park Hill Group, private fund advisory and placement services for alternative investment managers, including private equity funds, real estate funds and hedge funds.
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