ARP Americas LP raised its position in shares of BGC Partners, Inc. (NASDAQ:BGCP) by 111.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 56,900 shares of the financial services provider’s stock after purchasing an additional 30,000 shares during the quarter. ARP Americas LP’s holdings in BGC Partners were worth $294,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc boosted its holdings in shares of BGC Partners by 7.4% during the 3rd quarter. Vanguard Group Inc now owns 24,126,342 shares of the financial services provider’s stock valued at $285,174,000 after acquiring an additional 1,663,651 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of BGC Partners by 7.4% during the 3rd quarter. Vanguard Group Inc. now owns 24,126,342 shares of the financial services provider’s stock valued at $285,174,000 after acquiring an additional 1,663,651 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of BGC Partners by 4.3% during the 4th quarter. BlackRock Inc. now owns 12,261,301 shares of the financial services provider’s stock valued at $63,391,000 after acquiring an additional 506,828 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of BGC Partners by 48.2% during the 4th quarter. Raymond James & Associates now owns 10,005,124 shares of the financial services provider’s stock valued at $51,726,000 after acquiring an additional 3,252,235 shares during the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of BGC Partners during the 3rd quarter valued at about $35,018,000. Institutional investors and hedge funds own 53.68% of the company’s stock.

BGCP opened at $5.81 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.20 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $1.95 billion, a P/E ratio of 8.07 and a beta of 1.37. BGC Partners, Inc. has a 12-month low of $4.93 and a 12-month high of $14.12.

BGC Partners (NASDAQ:BGCP) last posted its quarterly earnings data on Thursday, February 14th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). The business had revenue of $466.40 million during the quarter, compared to analysts’ expectations of $462.00 million. BGC Partners had a return on equity of 39.22% and a net margin of 5.82%. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.12 EPS. On average, equities research analysts predict that BGC Partners, Inc. will post 0.75 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 20th. Investors of record on Wednesday, March 6th will be issued a $0.14 dividend. This is an increase from BGC Partners’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Tuesday, March 5th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 9.64%. BGC Partners’s dividend payout ratio (DPR) is presently 77.78%.

A number of brokerages have recently issued reports on BGCP. Zacks Investment Research raised shares of BGC Partners from a “strong sell” rating to a “hold” rating in a report on Wednesday. BidaskClub downgraded shares of BGC Partners from a “sell” rating to a “strong sell” rating in a report on Tuesday. Finally, TheStreet downgraded shares of BGC Partners from a “b” rating to a “c+” rating in a report on Wednesday, December 19th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $14.00.

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BGC Partners Profile

BGC Partners, Inc operates as a brokerage and financial technology company worldwide. It offers various brokerage products, such as fixed income, foreign exchange, equities, energy and commodities, insurance, and futures. The company also provides other services that include trade execution, broker dealer, clearing, trade compression, post-trade, information, and other back office services to financial and non-financial institutions.

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Institutional Ownership by Quarter for BGC Partners (NASDAQ:BGCP)

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