Do Analysts Recommend LPLA at $231.92?

This afternoon we watched LPL Financial rise 2.2% to a price of $231.92 per share. The large-cap Capital Markets company is now trading -13.39% below its average target price of $267.77. Analysts have set target prices ranging from $220 to $290 per share for LPL Financial, and have given the stock an average rating of buy.

The stock has an average amount of shares sold short at 2.8%, and a short ratio of 2.45. The company's insiders own 0.59% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 97.9% of LPL Financial's shares being owned by this investor type.

Institutions Invested in LPL Financial

Holder Shares Date Reported Percentage Value
Vanguard Group, Inc. (The) 7,121,019 2022-09-29 9% $1,651,506,713
Janus Henderson Group PLC 5,777,092 2022-09-29 7% $1,339,823,166
Blackrock Inc. 4,836,280 2022-09-29 6% $1,121,630,048
Capital Research Global Investors 2,764,551 2022-09-29 3% $641,154,662
Kayne Anderson Rudnick Investment Management LLC 2,705,495 2022-09-29 3% $627,458,395
Wellington Management Group, LLP 2,422,695 2022-09-29 3% $561,871,419
WCM Investment Management, LLC 2,394,492 2022-09-29 3% $555,330,580
FMR, LLC 2,166,991 2022-09-29 3% $502,568,548
Lone Pine Capital Llc 1,980,362 2022-09-29 2% $459,285,551
Clarkston Capital Partners LLC 1,860,718 2022-09-29 2% $431,537,715

Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on LPL Financial.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.