Fox Run Management L.L.C. bought a new position in shares of BGC Partners, Inc. (NASDAQ:BGCP) during the fourth quarter, Holdings Channel reports. The fund bought 45,075 shares of the financial services provider’s stock, valued at approximately $681,000.

Several other hedge funds have also bought and sold shares of the stock. M&T Bank Corp increased its holdings in shares of BGC Partners by 1.3% during the 2nd quarter. M&T Bank Corp now owns 20,250 shares of the financial services provider’s stock worth $256,000 after acquiring an additional 250 shares during the last quarter. Advisor Group Inc. increased its holdings in shares of BGC Partners by 7.6% during the 2nd quarter. Advisor Group Inc. now owns 11,974 shares of the financial services provider’s stock worth $103,000 after acquiring an additional 850 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of BGC Partners by 13.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 9,508 shares of the financial services provider’s stock worth $120,000 after acquiring an additional 1,100 shares during the last quarter. First Allied Advisory Services Inc. increased its holdings in shares of BGC Partners by 17.4% during the 2nd quarter. First Allied Advisory Services Inc. now owns 23,769 shares of the financial services provider’s stock worth $300,000 after acquiring an additional 3,523 shares during the last quarter. Finally, Creative Planning increased its holdings in shares of BGC Partners by 16.9% during the 4th quarter. Creative Planning now owns 30,309 shares of the financial services provider’s stock worth $458,000 after acquiring an additional 4,386 shares during the last quarter. 43.04% of the stock is currently owned by institutional investors and hedge funds.

BGC Partners, Inc. (NASDAQ:BGCP) opened at $14.79 on Friday. The company has a quick ratio of 1.31, a current ratio of 1.32 and a debt-to-equity ratio of 2.97. BGC Partners, Inc. has a 1-year low of $10.39 and a 1-year high of $16.97. The company has a market capitalization of $4,272.19, a price-to-earnings ratio of 14.64 and a beta of 1.27.

BGC Partners (NASDAQ:BGCP) last issued its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.29 EPS for the quarter, meeting analysts’ consensus estimates of $0.29. BGC Partners had a return on equity of 42.02% and a net margin of 4.67%. The firm had revenue of $827.03 million for the quarter.

A number of research analysts recently weighed in on BGCP shares. Zacks Investment Research raised BGC Partners from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. ValuEngine lowered BGC Partners from a “strong-buy” rating to a “buy” rating in a report on Monday, October 2nd. Finally, BidaskClub lowered BGC Partners from a “strong-buy” rating to a “buy” rating in a report on Friday, December 15th.

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About BGC Partners

BGC Partners, Inc (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services and Real Estate Services. It provides a range of services, including trade execution, broker-dealer services clearing, trade compression, post trade, information, and other back-office services to a range of financial and non-financial institutions.

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Institutional Ownership by Quarter for BGC Partners (NASDAQ:BGCP)

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