Media headlines about PJT Partners (NYSE:PJT) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PJT Partners earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.2130881264351 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have effected Accern’s scoring:
- PJT Partners Inc. Class A (NYSE:PJT) Experiences Light Trading Volume (highlightpress.com)
- PJT Partners Inc. (PJT) Short Interest Update (americanbankingnews.com)
- Insider Buying: PJT Partners Inc. (PJT) Director Buys 2,000 Shares of Stock (americanbankingnews.com)
- PJT Partners Inc. (NYSE:PJT) Rating Lowered to Sell at BidaskClub (campdesrecrues.com)
- PJT Partners Inc. (PJT) Cut to Sell at BidaskClub (overnewsmagazine.com)
A number of analysts have recently weighed in on PJT shares. Bank of America Corporation raised shares of PJT Partners from a “neutral” rating to a “buy” rating and upped their target price for the stock from $39.00 to $45.00 in a research report on Thursday, May 11th. BidaskClub raised shares of PJT Partners from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 24th. Finally, Zacks Investment Research downgraded shares of PJT Partners from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th.
Shares of PJT Partners (PJT) traded down 0.58% during trading on Friday, reaching $37.69. 91,628 shares of the company were exchanged. The firm’s 50 day moving average is $41.53 and its 200 day moving average is $38.00. PJT Partners has a 1-year low of $23.98 and a 1-year high of $45.38. The firm’s market capitalization is $698.13 million.
PJT Partners (NYSE:PJT) last posted its earnings results on Wednesday, August 2nd. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.07. PJT Partners had a negative net margin of 0.27% and a negative return on equity of 115.47%. The company had revenue of $109.31 million during the quarter. On average, equities analysts anticipate that PJT Partners will post $1.73 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 21st. Shareholders of record on Thursday, September 7th will be paid a $0.05 dividend. The ex-dividend date is Wednesday, September 6th. This represents a $0.20 annualized dividend and a yield of 0.53%. PJT Partners’s dividend payout ratio (DPR) is presently -200.00%.
In related news, Director Dennis S. Hersch bought 2,000 shares of the business’s stock in a transaction on Monday, August 14th. The shares were bought at an average price of $38.45 per share, for a total transaction of $76,900.00. Following the completion of the purchase, the director now directly owns 18,000 shares of the company’s stock, valued at $692,100. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.30% of the stock is owned by insiders.
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PJT Partners Company Profile
PJT Partners Inc is an advisory-focused investment bank. The Company offers an array of strategic advisory, restructuring and special situations and private fund advisory and placement services to corporations, financial sponsors, institutional investors and governments. It provides, through Park Hill Group, private fund advisory and placement services for alternative investment managers, including private equity funds, real estate funds and hedge funds.
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