TheStreet lowered shares of PJT Partners Inc. (NYSE:PJT) from a hold rating to a sell rating in a report published on Wednesday morning.
Shares of PJT Partners (NYSE:PJT) traded up 1.07% during midday trading on Wednesday, hitting $30.27. 78,581 shares of the stock were exchanged. PJT Partners has a 52-week low of $19.96 and a 52-week high of $30.83. The stock’s market cap is $544.95 million. The firm’s 50 day moving average price is $27.85 and its 200-day moving average price is $25.74.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 21st. Shareholders of record on Wednesday, December 7th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend is Monday, December 5th. PJT Partners’s dividend payout ratio (DPR) is -15.87%.
In other PJT Partners news, Chairman Paul J. Taubman bought 35,000 shares of the firm’s stock in a transaction on Tuesday, November 15th. The stock was acquired at an average price of $29.73 per share, with a total value of $1,040,550.00. Following the transaction, the chairman now owns 399,211 shares in the company, valued at $11,868,543.03. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.50% of the stock is owned by company insiders.
PJT Partners Company Profile