Jefferies Financial Group Cuts LPL Financial (NASDAQ:LPLA) Price Target to $383.00

LPL Financial (NASDAQ:LPLA) had its price objective trimmed by Jefferies Financial Group from $464.00 to $383.00 in a report published on Monday,Benzinga reports. The brokerage currently has a buy rating on the financial services provider’s stock.

Other research analysts have also issued research reports about the company. Citizens Jmp reaffirmed a “market outperform” rating and set a $500.00 price target on shares of LPL Financial in a research report on Monday. UBS Group set a $500.00 price target on LPL Financial in a research report on Tuesday, February 3rd. TD Cowen lowered their price target on LPL Financial from $399.00 to $378.00 and set a “hold” rating for the company in a research report on Friday, January 30th. Wolfe Research set a $478.00 price target on LPL Financial in a research report on Friday, January 30th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of LPL Financial in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, LPL Financial presently has a consensus rating of “Moderate Buy” and an average price target of $407.14.

LPL Financial Trading Up 4.5%

LPLA opened at $310.79 on Monday. The business has a 50 day simple moving average of $319.31 and a two-hundred day simple moving average of $342.95. The firm has a market capitalization of $24.92 billion, a price-to-earnings ratio of 28.23, a PEG ratio of 0.78 and a beta of 0.56. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.45 and a quick ratio of 2.45. LPL Financial has a one year low of $266.62 and a one year high of $403.58.

LPL Financial (NASDAQ:LPLA) last released its quarterly earnings results on Thursday, January 29th. The financial services provider reported $5.23 EPS for the quarter, beating analysts’ consensus estimates of $4.82 by $0.41. The business had revenue of $4.93 billion during the quarter, compared to analyst estimates of $4.90 billion. LPL Financial had a return on equity of 34.19% and a net margin of 5.08%.LPL Financial’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.25 EPS. Analysts predict that LPL Financial will post 19.35 EPS for the current year.

LPL Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were given a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $1.20 annualized dividend and a dividend yield of 0.4%. LPL Financial’s dividend payout ratio is currently 10.90%.

Insider Transactions at LPL Financial

In other news, Director Marc Eliot Cohen sold 2,212 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $308.75, for a total value of $682,955.00. Following the completion of the transaction, the director owned 5,488 shares of the company’s stock, valued at approximately $1,694,420. This represents a 28.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Matthew J. Audette sold 1,581 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $320.50, for a total value of $506,710.50. Following the completion of the transaction, the chief financial officer directly owned 21,382 shares of the company’s stock, valued at $6,852,931. This represents a 6.88% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 6,990 shares of company stock valued at $2,201,837. Corporate insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of LPL Financial by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 8,303,768 shares of the financial services provider’s stock worth $2,762,581,000 after acquiring an additional 317,002 shares in the last quarter. Dodge & Cox raised its position in shares of LPL Financial by 18.6% in the 4th quarter. Dodge & Cox now owns 3,948,970 shares of the financial services provider’s stock worth $1,410,454,000 after acquiring an additional 619,715 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of LPL Financial by 14.7% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,719,447 shares of the financial services provider’s stock worth $1,328,475,000 after acquiring an additional 477,094 shares in the last quarter. Capital World Investors raised its position in shares of LPL Financial by 37.9% in the 4th quarter. Capital World Investors now owns 3,625,357 shares of the financial services provider’s stock worth $1,294,869,000 after acquiring an additional 996,806 shares in the last quarter. Finally, Janus Henderson Group PLC raised its position in shares of LPL Financial by 9.0% in the 4th quarter. Janus Henderson Group PLC now owns 3,377,553 shares of the financial services provider’s stock worth $1,206,371,000 after acquiring an additional 280,202 shares in the last quarter. Institutional investors own 95.66% of the company’s stock.

Key LPL Financial News

Here are the key news stories impacting LPL Financial this week:

• Positive Sentiment: UBS upgraded LPL from “neutral” to “buy” and set a $380 price target, signaling stronger Wall Street support and providing fresh buy-side momentum. Read More.
• Positive Sentiment: Keefe, Bruyette & Woods initiated coverage with an “outperform” rating and a $350 target, adding another buy-side voice and incremental demand. Read More.
• Positive Sentiment: Citizens JMP issued a “market outperform” rating, reinforcing the consensus of recent upgrades and supporting further upside expectations. Read More.
• Positive Sentiment: LPL added Emerald Legacy Advisors (≈$140M in assets) to its platform — a modest but tangible advisor win that supports growth and recurring-fee potential. Read More.
• Neutral Sentiment: Barclays lowered its price target from $435 to $369 but kept an “overweight” rating — a mixed signal that trims upside but maintains institutional support. Read More.
• Neutral Sentiment: Coverage piece noting LPL’s tracking of capital-flow trends in Nasdaq futures — useful market intelligence for investors but unlikely to move fundamentals on its own. Read More.
• Negative Sentiment: Jefferies published a pessimistic forecast for LPL’s stock price, introducing downside risk and a counterweight to the upgrade-driven buying. Read More.

LPL Financial Company Profile

LPL Financial (NASDAQ: LPLA) is a U.S.-focused financial services firm that provides brokerage, custodial and advisory platforms to independent financial advisors, registered investment advisers and institutions. Operating primarily as an independent broker-dealer and custodian, the company supports a network of advisors with the operational, compliance and clearing infrastructure needed to manage client accounts and deliver investment advice outside of traditional wirehouse models.

The firm’s product and service offerings include trade execution and clearing, custody services, retirement plan services, model portfolio and advisory platforms, wealth management technology, investment research and product access across equities, fixed income, mutual funds, exchange-traded funds and insurance and annuity solutions.