Raymond James Financial stock is trading -22.73% below its average target price of $113.78 after dropping -4.6% during today's morning session. Analysts are giving the large-cap Capital Markets company an average rating of buy and target prices ranging from $100.0 to $136.0 per share.
The stock has an average amount of shares sold short at 2.4%, and a short ratio of 2.57. The company's insiders own 9.55% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 77.6% of Raymond James Financial's shares being owned by this investor type.
Institutions Invested in Raymond James Financial
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2022-12-31 | Vanguard Group, Inc. (The) | 11% | 23,255,887 | $2,044,657,542 |
2022-12-31 | Blackrock Inc. | 8% | 16,897,826 | $1,485,656,830 |
2022-12-31 | Primecap Management Company | 6% | 13,059,887 | $1,148,225,241 |
2022-12-31 | Wellington Management Group, LLP | 4% | 9,564,549 | $840,915,130 |
2022-12-31 | FMR, LLC | 4% | 8,367,779 | $735,695,114 |
2022-12-31 | State Street Corporation | 4% | 8,327,319 | $732,137,871 |
2022-12-31 | JP Morgan Chase & Company | 3% | 5,428,007 | $477,230,365 |
2022-12-31 | Geode Capital Management, LLC | 2% | 3,941,673 | $346,551,882 |
2022-12-31 | Massachusetts Financial Services Co. | 1% | 2,737,060 | $240,642,310 |
2022-12-31 | Morgan Stanley | 1% | 2,278,272 | $200,305,670 |