Raymond James Financial stock is trading -14.08% below its average target price of $132.11 after dropping -6.3% during today's morning session. Analysts are giving the Large-Cap Capital Markets company an average rating of hold and target prices ranging from $123.0 to $146.0 per share.
Raymond James Financial's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.1%. The stock's short ratio is 5.09. The company's insiders own 9.87% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 76.2%. In conclusion, we believe there is mixed market sentiment regarding Raymond James Financial.
Institutions Invested in Raymond James Financial
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 11% | 22,131,131 | $2,512,104,727 |
| 2024-03-31 | Blackrock Inc. | 7% | 15,201,120 | $1,725,479,163 |
| 2024-03-31 | Primecap Management Company | 6% | 12,090,097 | $1,372,346,936 |
| 2024-03-31 | Wellington Management Group, LLP | 5% | 10,303,602 | $1,169,561,885 |
| 2024-03-31 | State Street Corporation | 4% | 7,843,339 | $890,297,426 |
| 2024-03-31 | FMR, LLC | 3% | 6,480,278 | $735,576,369 |
| 2024-03-31 | JP Morgan Chase & Company | 3% | 5,398,624 | $612,797,821 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 4,279,180 | $485,729,730 |
| 2024-03-31 | T. Rowe Price Investment Management, Inc. | 2% | 3,864,029 | $438,605,940 |
| 2024-03-31 | Earnest Partners LLC | 1% | 2,468,196 | $280,164,933 |
