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Raymond James beat Q4 earnings estimates, as Wealthfront buys in, but Tredje AP reduces holdings.
Wealthfront Advisers LLC increased its stake in Raymond James Financial (RJF) by 11,751 shares in Q4, while Tredje AP fonden reduced its holdings by 50%.
Raymond James reported earnings of $2.93 per share, beating estimates by $0.31.
The stock has a "Hold" rating and a target price of $167.55.
Raymond James, with a market cap of $28.55 billion, offers financial services and has a dividend yield of 1.44%.
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Raymond James superó las estimaciones de ganancias del Q4, ya que Wealthfront compra, pero Tredje AP reduce las participaciones.