Analyst Activity – Goldman Sachs Group Inc Initiates Coverage On LPL Financial Holdings (NASDAQ:LPLA) With a Conviction-Buy

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Analyst Ratings For LPL Financial Holdings (NASDAQ:LPLA)

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Today, Goldman Sachs Group Inc initiated coverage on LPL Financial Holdings (NASDAQ:LPLA) with a Conviction-Buy.

There are 1 sell rating, 6 hold ratings, 1 strong buy rating on the stock.

The current consensus rating on LPL Financial Holdings (NASDAQ:LPLA) is Hold (Score: 2.13) with a consensus target price of $31.81 per share, a potential 21.08% downside.

Some recent analyst ratings include

  • 3/20/2017-Goldman Sachs Group Inc initiated coverage with a Conviction-Buy rating.
  • 3/17/2017-SunTrust Banks, Inc. Reiterated Rating of Hold.
  • 10/12/2016-JPMorgan Chase & Co. was Downgraded by analysts at JPMorgan Chase & Co. from a “Overweight ” rating to a ” Neutral” rating. They now have a $31.00 price target on the stock, up previously from $30.00 .
  • 9/26/2016-Morgan Stanley initiated coverage with a Underweight rating.
  • 8/22/2016-Credit Suisse Group AG was Downgraded by analysts at Credit Suisse Group AG from a “Outperform ” rating to a ” Neutral” rating. They now have a $28.00 price target on the stock.

Dividend information for LPL Financial Holdings (NASDAQ:LPLA)

LPL Financial Holdings (NASDAQ:LPLA) pays an annual dividend of $1.00 with a yield of 2.48%.

Dividend History for LPL Financial Holdings (NASDAQ:LPLA)

  • On 2/28/2017 LPL Financial Holdings announced a Quarterly dividend of $0.25 2.45% with an ex dividend date of 3/8/2017 which will be payable on 3/24/2017.
  • On 11/4/2016 LPL Financial Holdings announced a Quarterly dividend of $0.25 3.04% with an ex dividend date of 11/14/2016 which will be payable on 11/30/2016.
  • On 8/1/2016 LPL Financial Holdings announced a quarterly dividend of $0.25 3.86% with an ex dividend date of 8/9/2016 which will be payable on 8/25/2016.
  • On 5/10/2016 LPL Financial Holdings announced a quarterly dividend of $0.25 4.14% with an ex dividend date of 5/18/2016 which will be payable on 5/31/2016.
  • On 2/25/2016 LPL Financial Holdings announced a quarterly dividend of $0.25 5.04% with an ex dividend date of 3/2/2016 which will be payable on 3/14/2016.
  • On 10/30/2015 LPL Financial Holdings announced a quarterly dividend of $0.25 2.35% with an ex dividend date of 11/9/2015 which will be payable on 11/24/2015.
  • On 8/6/2015 LPL Financial Holdings announced a quarterly dividend of $0.25 2.29% with an ex dividend date of 8/13/2015 which will be payable on 8/28/2015.


  • On 3/14/2017 Dan H Arnold, CEO, sold 15,428 with an average share price of $39.14 per share and the total transaction amounting to $603,851.92. View SEC Filing
  • On 3/13/2017 Tracy Calder, Insider, sold 6,465 with an average share price of $39.31 per share and the total transaction amounting to $254,139.15. View SEC Filing
  • On 2/27/2017 Tracy Calder, Insider, sold 10,747 with an average share price of $39.05 per share and the total transaction amounting to $419,670.35. View SEC Filing
  • On 2/23/2017 John Andrew Kalbaugh, Insider, sold 30,000 with an average share price of $39.73 per share and the total transaction amounting to $1,191,900.00. View SEC Filing
  • On 2/22/2017 George Burton White, Insider, sold 25,000 with an average share price of $40.14 per share and the total transaction amounting to $1,003,500.00. View SEC Filing
  • On 2/22/2017 Mark S Casady, Director, sold 58,628 with an average share price of $40.40 per share and the total transaction amounting to $2,368,571.20. View SEC Filing
  • On 2/15/2017 Mark S. Casady, Director, sold 365,213 with an average share price of $40.76 per share and the total transaction amounting to $14,886,081.88. View SEC Filing

About LPL Financial Holdings (NASDAQ:LPLA)
LPL Financial Holdings Inc. is a broker-dealer, a custodian for registered investment advisors (RIAs) and an independent consultant to retirement plans. The Company provides a platform of brokerage and investment advisory services to independent financial advisors (its advisors), including financial advisors at approximately 700 financial institutions across the country. Through its advisors, the Company is a distributor of financial products and services in the United States. The Company provides its technology and service to advisors through a technology platform that is server-based and Web-accessible. The Company’s platform provides access to approximately 790 product providers that offer the various product lines, such as insurance-based products, alternative investments, structured products, mutual funds, separately managed accounts, exchange traded products, unit investment trusts, retirement plan products and annuities.

Recent Trading Activity for LPL Financial Holdings (NASDAQ:LPLA)
Shares of LPL Financial Holdings closed the previous trading session at 40.31 down -0.46 -1.13% with 975,414 shares trading hands.

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