穆迪 Aldrich Partners LLC 出售了 Focus Financial Partners Inc.（纳斯达克股票代码：FOCS）

Moody Aldrich Partners LLC cut its holdings in Focus Financial Partners Inc. (NASDAQ:FOCS – Get Rating) by 30.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 159,213 shares of the company's stock after selling 68,458 shares during the period. Focus Financial Partners accounts for 1.2% of Moody Aldrich Partners LLC's portfolio, making the stock its 26th largest holding. Moody Aldrich Partners LLC's holdings in Focus Financial Partners were worth $5,934,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. FourThought Financial LLC purchased a new stake in shares of Focus Financial Partners in the third quarter worth $32,000. Harbor Investment Advisory LLC grew its stake in Focus Financial Partners by 161.7% during the third quarter. Harbor Investment Advisory LLC now owns 1,044 shares of the company's stock valued at $33,000 after acquiring an additional 645 shares in the last quarter. Assetmark Inc. grew its stake in Focus Financial Partners by 48.2% during the third quarter. Assetmark Inc. now owns 1,910 shares of the company's stock valued at $60,000 after acquiring an additional 621 shares in the last quarter. Financial Management Professionals Inc. grew its stake in Focus Financial Partners by 38.3% during the third quarter. Financial Management Professionals Inc. now owns 2,031 shares of the company's stock valued at $64,000 after acquiring an additional 562 shares in the last quarter. Finally, Captrust Financial Advisors grew its stake in shares of Focus Financial Partners by 15.6% in the 2nd quarter. Captrust Financial Advisors now owns 1,866 shares of the company's stock worth $64,000 after buying an additional 252 shares in the last quarter. 93.15% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on FOCS. William Blair cut shares of Focus Financial Partners from an "outperform" rating to a "market perform" rating in a research note on Monday, February 27th. Morgan Stanley upgraded shares of Focus Financial Partners from an "underweight" rating to an "equal weight" rating and raised their target price for the stock from $35.00 to $53.00 in a report on Wednesday, February 15th. Royal Bank of Canada raised their target price on shares of Focus Financial Partners from $50.00 to $53.00 and gave the stock a "sector perform" rating in a report on Friday, February 17th. BMO Capital Markets upgraded shares of Focus Financial Partners from a "market perform" rating to an "outperform" rating and set a $53.00 target price for the company in a report on Tuesday, February 21st. Finally, Truist Financial lowered shares of Focus Financial Partners from a "buy" rating to a "hold" rating and raised their target price for the stock from $50.00 to $53.00 in a report on Tuesday, February 21st. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $50.13.

Focus Financial Partners Stock Performance

Shares of NASDAQ:FOCS traded down $0.04 during midday trading on Friday, reaching $51.81. The company's stock had a trading volume of 228,356 shares, compared to its average volume of 1,245,751. The firm has a market capitalization of $4.03 billion, a PE ratio of 39.55 and a beta of 1.32. Focus Financial Partners Inc. has a twelve month low of $30.27 and a twelve month high of $52.62. The stock has a fifty day moving average of $49.82 and a 200 day moving average of $41.02. 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 (NASDAQ:FOCS – Get Rating) last released its quarterly earnings data on Thursday, February 16th. The company reported $0.92 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.09. The firm had revenue of $547.68 million for the quarter, compared to analyst estimates of $517.34 million. Focus Financial Partners had a net margin of 4.28% and a return on equity of 25.59%. On average, equities analysts expect that Focus Financial Partners Inc. will post 3.92 EPS 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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