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Piper Jaffray Companies (PJC) Reaches $91.90 High on Jan, 15; 1 Analysts Bullish Nelnet, Inc. (NNI)

The stock of Piper Jaffray Companies (NYSE:PJC) reached all time high today, Jan, 15 and still has $97.41 target or 6.00% above today’s $91.90 share price. This indicates more upside for the $1.19B company. This technical setup was reported by Barchart.com. If the $97.41 PT is reached, the company will be worth $71.16M more. The stock increased 1.16% or $1.05 during the last trading session, reaching $91.9. About 64,991 shares traded. Piper Jaffray Companies (NYSE:PJC) has risen 43.41% since January 15, 2017 and is uptrending. It has outperformed by 26.71% the S&P500.

Among 2 analysts covering Nelnet (NYSE:NNI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Nelnet had 9 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Credit Suisse on Friday, October 20. The firm has “Buy” rating given on Friday, August 7 by Compass Point. The rating was downgraded by Credit Suisse to “Neutral” on Monday, November 14. The company was downgraded on Wednesday, August 9 by Compass Point. The rating was maintained by Compass Point with “Buy” on Monday, November 9. Compass Point upgraded the shares of NNI in report on Thursday, October 19 to “Buy” rating. The company was maintained on Friday, August 7 by Credit Suisse. See Nelnet, Inc. (NYSE:NNI) latest ratings:

20/10/2017 Broker: Credit Suisse Rating: Neutral Old Target: $50 New Target: $55 Maintain
19/10/2017 Broker: Compass Point Rating: Buy Upgrade
09/08/2017 Broker: Compass Point Old Rating: Buy New Rating: Neutral Downgrade

The stock increased 1.26% or $0.68 during the last trading session, reaching $54.57. About 114,373 shares traded or 25.48% up from the average. Nelnet, Inc. (NYSE:NNI) has risen 13.42% since January 15, 2017 and is uptrending. It has underperformed by 3.28% the S&P500.

Investors sentiment decreased to 0.86 in 2017 Q3. Its down 0.01, from 0.87 in 2017Q2. It dropped, as 10 investors sold Nelnet, Inc. shares while 41 reduced holdings. 11 funds opened positions while 33 raised stakes. 15.98 million shares or 5.39% less from 16.90 million shares in 2017Q2 were reported. Wellington Management Grp Llp invested in 27,348 shares or 0% of the stock. Geode Cap Mngmt Ltd Liability Company, a Massachusetts-based fund reported 291,939 shares. Millennium Mngmt Ltd Llc invested in 0% or 7,781 shares. Morgan Stanley holds 0% or 26,500 shares. Great West Life Assurance Can stated it has 1,783 shares. Swiss State Bank owns 35,800 shares for 0% of their portfolio. California Pub Employees Retirement holds 0.01% of its portfolio in Nelnet, Inc. (NYSE:NNI) for 89,457 shares. Goldman Sachs Inc holds 35,710 shares or 0% of its portfolio. Thompson Davis holds 0.05% or 520 shares in its portfolio. Deutsche National Bank Ag owns 0% invested in Nelnet, Inc. (NYSE:NNI) for 31,497 shares. Cna holds 0.06% or 4,800 shares in its portfolio. Rhumbline Advisers reported 34,234 shares. Wells Fargo And Com Mn has 0% invested in Nelnet, Inc. (NYSE:NNI) for 33,552 shares. Prudential reported 0.03% stake. Cwm invested 0% of its portfolio in Nelnet, Inc. (NYSE:NNI).

Nelnet, Inc. provides education related services and products, and student loan asset management services in the United States and internationally. The company has market cap of $2.23 billion. The companyÂ’s Loan Systems and Servicing segment is involved in loan servicing activities, such as loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing activities for the companyÂ’s student loan portfolio and for third-party clients. It has a 10.29 P/E ratio. This segment also provides software and data center, borrower and loan updates, default aversion tracking, claim processing, and post-default collection services for guarantee agencies; and contact center solutions, as well as licenses student loan servicing software to third-party student loan holders and servicers.

Since August 18, 2017, it had 0 insider buys, and 5 insider sales for $407,520 activity. Another trade for 2,000 shares valued at $90,680 was made by MUHLEISEN ANGIE on Friday, August 18. Munn William J had sold 1,000 shares worth $55,000.

Among 9 analysts covering Piper Jaffray (NYSE:PJC), 3 have Buy rating, 2 Sell and 4 Hold. Therefore 33% are positive. Piper Jaffray had 19 analyst reports since August 11, 2015 according to SRatingsIntel. Sandler O’Neill initiated it with “Buy” rating and $43.0 target in Tuesday, September 22 report. Zacks upgraded it to “Hold” rating and $52 target in Tuesday, August 11 report. BMO Capital Markets maintained it with “Market Perform” rating and $21 target in Friday, April 28 report. The rating was maintained by TD Securities on Friday, April 28 with “Reduce”. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained Piper Jaffray Companies (NYSE:PJC) on Wednesday, January 10 with “Buy” rating. The stock of Piper Jaffray Companies (NYSE:PJC) has “Outperform” rating given on Friday, October 30 by Keefe Bruyette & Woods. The stock of Piper Jaffray Companies (NYSE:PJC) has “Sell” rating given on Friday, April 28 by Desjardins Securities. The stock of Piper Jaffray Companies (NYSE:PJC) has “Outperform” rating given on Monday, October 30 by Wood. Keefe Bruyette & Woods upgraded the stock to “Buy” rating in Monday, October 30 report.

Piper Jaffray Companies operates as an investment bank and asset management firm that serves firms, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company has market cap of $1.19 billion. The companyÂ’s Capital Markets segment offers investment banking and institutional sales, trading, and research services for various equity and fixed income products. It currently has negative earnings. It raises capital through equity financings; provides advisory services relating to mergers and acquisitions, equity private placements, and debt advisory services for corporate clients; underwrites debt issuances; and offers municipal financial advisory and loan placement services, as well as various over-the-counter derivative products.

Since August 2, 2017, it had 0 insider buys, and 2 insider sales for $540,204 activity. Crawshaw Christopher D sold $20,320 worth of stock or 320 shares.

Investors sentiment increased to 1.09 in 2017 Q3. Its up 0.19, from 0.9 in 2017Q2. It increased, as 18 investors sold Piper Jaffray Companies shares while 47 reduced holdings. 22 funds opened positions while 49 raised stakes. 9.99 million shares or 0.14% more from 9.98 million shares in 2017Q2 were reported. Massachusetts-based Rhumbline Advisers has invested 0% in Piper Jaffray Companies (NYSE:PJC). Pinebridge Investments Ltd Partnership, a New York-based fund reported 14,982 shares. Burt Wealth Advisors holds 0% or 99 shares. Sit Invest stated it has 0.01% of its portfolio in Piper Jaffray Companies (NYSE:PJC). Quantitative Systematic Strategies Ltd Liability has 0.09% invested in Piper Jaffray Companies (NYSE:PJC). Meeder Asset Management reported 261 shares. First Tru Advisors L P owns 13,705 shares. Ajo Limited Partnership holds 0% or 6,055 shares in its portfolio. 5,042 were reported by Raymond James And Associate. Focused Wealth Inc holds 0% in Piper Jaffray Companies (NYSE:PJC) or 2 shares. Balyasny Asset Lc invested 0% in Piper Jaffray Companies (NYSE:PJC). Ahl Prtn Llp reported 6,607 shares stake. Lazard Asset Mgmt Limited Liability Corp stated it has 121 shares. First Manhattan has invested 0% in Piper Jaffray Companies (NYSE:PJC). State Of Tennessee Treasury Department holds 12,570 shares or 0% of its portfolio.

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