LPL FinancialLPLA
About: LPL Financial Holdings is an independent broker/dealer that provides a platform of proprietary technology, brokerage, and investment advisory services to financial advisors and institutions. As of the end of June 2024, the company had over 23,000 advisors on its platform managing $1.5 trillion of client assets. The company doesn't have material operations outside of the United States.
Employees: 9,023
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
9% more call options, than puts
Call options by funds: $153M | Put options by funds: $140M
3% more repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 231
0% more funds holding in top 10
Funds holding in top 10: 21 [Q2] → 21 (+0) [Q3]
3.3% less ownership
Funds ownership: 98.31% [Q2] → 95.01% (-3.3%) [Q3]
6% less funds holding
Funds holding: 664 [Q2] → 625 (-39) [Q3]
19% less capital invested
Capital invested by funds: $20.5B [Q2] → $16.6B (-$3.95B) [Q3]
32% less first-time investments, than exits
New positions opened: 84 | Existing positions closed: 123
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Goldman Sachs Alexander Blostein 81% 1-year accuracy 34 / 42 met price target | 6%downside $305 | Buy Maintained | 1 Nov 2024 |
Citigroup Christopher Allen 76% 1-year accuracy 13 / 17 met price target | 4%downside $310 | Buy Maintained | 31 Oct 2024 |
Barclays Benjamin Budish 76% 1-year accuracy 53 / 70 met price target | 4%downside $311 | Overweight Maintained | 31 Oct 2024 |
TD Cowen Bill Kirk 47% 1-year accuracy 9 / 19 met price target | 14%downside $277 | Hold Maintained | 31 Oct 2024 |
Morgan Stanley Michael Cyprys 56% 1-year accuracy 14 / 25 met price target | 4%downside $309 | Overweight Maintained | 17 Oct 2024 |
Financial journalist opinion
Based on 18 articles about LPLA published over the past 30 days
