Siebert Financial Corp. (NASDAQ:SIEB) Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC increased its stake in Siebert Financial Corp. (NASDAQ:SIEB) by 30.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,800 shares of the financial services provider’s stock after purchasing an additional 5,100 shares during the period. Renaissance Technologies LLC’s holdings in Siebert Financial were worth $92,000 at the end of the most recent reporting period.

Separately, Wells Fargo & Company MN grew its position in shares of Siebert Financial by 26.6% during the fourth quarter. Wells Fargo & Company MN now owns 14,005 shares of the financial services provider’s stock worth $59,000 after acquiring an additional 2,941 shares during the last quarter. 6.05% of the stock is owned by institutional investors.

Shares of SIEB stock opened at $4.01 on Thursday. Siebert Financial Corp. has a 12-month low of $3.13 and a 12-month high of $18.50. The firm has a market capitalization of $125.44 million, a price-to-earnings ratio of 44.56 and a beta of -0.14. The business has a 50 day simple moving average of $4.57 and a 200 day simple moving average of $4.31. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.05 and a quick ratio of 1.05.

Siebert Financial (NASDAQ:SIEB) last issued its quarterly earnings results on Wednesday, March 10th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter. Siebert Financial had a return on equity of 8.15% and a net margin of 5.39%. The company had revenue of $14.88 million for the quarter.

About Siebert Financial

Siebert Financial Corp., through its subsidiaries, engages in the retail discount brokerage and investment advisory businesses. The company provides online and traditional brokerage, and related services to retail investors through a broker on the telephone, a wireless device, or through the Internet; various value added services, such as access to account information; independent retail execution services; and retail customer services.

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