Bartlett & Co.有限责任公司出售Focus Financial Partners Inc.（纳斯达克股票代码：FOCS

Bartlett & Co. LLC trimmed its position in shares of Focus Financial Partners Inc. (NASDAQ:FOCS – Get Rating) by 30.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,002 shares of the company's stock after selling 9,200 shares during the period. Bartlett & Co. LLC's holdings in Focus Financial Partners were worth $783,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of FOCS. FourThought Financial LLC bought a new position in Focus Financial Partners during the third quarter valued at $32,000. Harbor Investment Advisory LLC lifted its position in shares of Focus Financial Partners by 161.7% during the third quarter. Harbor Investment Advisory LLC now owns 1,044 shares of the company's stock worth $33,000 after acquiring an additional 645 shares in the last quarter. Assetmark Inc. lifted its position in shares of Focus Financial Partners by 48.2% during the third quarter. Assetmark Inc. now owns 1,910 shares of the company's stock worth $60,000 after acquiring an additional 621 shares in the last quarter. Financial Management Professionals Inc. lifted its position in shares of Focus Financial Partners by 38.3% during the third quarter. Financial Management Professionals Inc. now owns 2,031 shares of the company's stock worth $64,000 after acquiring an additional 562 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of Focus Financial Partners by 15.6% during the second quarter. Captrust Financial Advisors now owns 1,866 shares of the company's stock worth $64,000 after acquiring an additional 252 shares in the last quarter. 93.15% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

FOCS has been the topic of several recent research reports. Morgan Stanley upgraded Focus Financial Partners from an "underweight" rating to an "equal weight" rating and increased their target price for the stock from $35.00 to $53.00 in a research report on Wednesday, February 15th. Truist Financial downgraded Focus Financial Partners from a "buy" rating to a "hold" rating and increased their target price for the stock from $50.00 to $53.00 in a research report on Tuesday, February 21st. Raymond James downgraded Focus Financial Partners from an "outperform" rating to a "market perform" rating in a research report on Friday, February 17th. Oppenheimer downgraded Focus Financial Partners from an "outperform" rating to a "market perform" rating in a research report on Friday, February 17th. Finally, Royal Bank of Canada increased their price objective on Focus Financial Partners from $50.00 to $53.00 and gave the stock a "sector perform" rating in a research report on Friday, February 17th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $50.13.

Focus Financial Partners Stock Down 0.4 %

FOCS opened at $51.19 on Friday. The stock has a market cap of $3.98 billion, a PE ratio of 39.08 and a beta of 1.32. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 1.93. Focus Financial Partners Inc. has a 52 week low of $30.27 and a 52 week high of $52.62. The business's fifty day simple moving average is $48.18 and its 200 day simple moving average is $40.20.

Focus Financial Partners (NASDAQ:FOCS – Get Rating) last released its earnings results on Thursday, February 16th. The company reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.09. Focus Financial Partners had a return on equity of 25.59% and a net margin of 4.28%. The business had revenue of $547.68 million for the quarter, compared to analysts' expectations of $517.34 million. As a group, research analysts expect that Focus Financial Partners Inc. will post 3.92 earnings per share for the current fiscal year.

Focus Financial Partners Profile

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Focus Financial Partners, Inc is a holding company, which engages in the provision of wealth management services. It also offers practices, resources, and continuity planning for its partner firms who serve individuals, families, employers, and institutions with comprehensive wealth management services.

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