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LPL Financial Holdings Inc (LPLA.OQ)

LPLA.OQ on NASDAQ Stock Exchange Global Select Market

55.95USD
15 Dec 2017
Change (% chg)

$1.05 (+1.91%)
Prev Close
$54.90
Open
$54.96
Day's High
$56.11
Day's Low
$54.68
Volume
397,397
Avg. Vol
246,793
52-wk High
$56.54
52-wk Low
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Latest Key Developments (Source: Significant Developments)

LPL Financial Holdings Says Board Authorized Increase Share Repurchase Program, Of Upto $500 Mln Of Issued&Outstanding Common Stock
Wednesday, 6 Dec 2017 06:12am EST 

Dec 6 (Reuters) - LPL Financial Holdings Inc ::LPL FINANCIAL HOLDINGS - ON DEC 5, 2017, BOARD AUTHORIZED INCREASE SHARE REPURCHASE PROGRAM, OF UPTO $500 MILLION OF ISSUED&OUTSTANDING COMMON STOCK.LPL FINANCIAL - AUTHORIZATION INCLUDES AMOUNT REMAINING UNDER EXISTING SHARE REPURCHASE PROGRAM, WHICH WAS $141 MILLION AS OF SEPT 30 - SEC FILING.  Full Article

LPL Financial reports monthly activity for October 2017
Thursday, 16 Nov 2017 04:05pm EST 

Nov 16 (Reuters) - LPL Financial Holdings Inc :LPL Financial reports monthly activity for October 2017.LPL Financial LLC - Total brokerage & advisory assets served at end of Oct were about $566 billion, up 1.1 percent compared to end of September 2017​.‍LPL Financial LLC - Total client cash sweep balances at end of October were $27.7 billion, a 2.1 percent decrease compared to September 2017​.  Full Article

LPL Financial reports Q3 earnings per share $0.63
Thursday, 26 Oct 2017 04:05pm EDT 

Oct 26 (Reuters) - LPL Financial Holdings Inc :LPL Financial announces third quarter 2017 results.Q3 earnings per share $0.63.Q3 earnings per share view $0.58 -- Thomson Reuters I/B/E/S.LPL Financial Holdings Inc - ‍ narrowed outlook range for 2017 core G&A prior to nph-related costs to $710 million to $715 million​.  Full Article

LPL Financial reports monthly activity for August 2017
Wednesday, 20 Sep 2017 04:05pm EDT 

Sept 20 (Reuters) - Lpl Financial Holdings Inc :LPL Financial reports monthly activity for August 2017.LPL Financial - ‍Total brokerage, advisory assets served at end of August were about $551 billion, a 0.3 percent increase compared to end of July 2017​.LPL Financial Holdings Inc - ‍Total net new assets for August were $1.1 billion​.LPL Financial Holdings Inc - ‍Total client cash sweep balances at end of August were $28.3 billion, a 3.7 percent increase compared to July 2017​.  Full Article

LPL financial announces pricing of add-on senior unsecured note offering
Thursday, 7 Sep 2017 05:00pm EDT 

Sept 8 (Reuters) - LPL Financial Holdings Inc :LPL financial announces pricing of add-on senior unsecured note offering.LPL Financial Holdings Inc - ‍Announced pricing of its previously announced offering of $400 million aggregate principal amount of senior unsecured notes​.LPL Financial Holdings Inc - ‍Notes will be issued as an add-on to LPL Holdings' existing 5.750% senior unsecured notes due 2025​.LPL Financial Holdings Inc - ‍Notes will bear interest at a rate of 5.750% to be paid semi-annually in arrears​.  Full Article

LPL Financial Holdings ‍total net new assets for July were $0.9 bln
Tuesday, 15 Aug 2017 04:30pm EDT 

Aug 15 (Reuters) - LPL Financial Holdings Inc :LPL Financial reports monthly activity for July 2017.LPL Financial Holdings Inc - ‍total net new assets for July were $0.9 billion​.  Full Article

LPL Financial announces purchase of National Planning Holdings
Tuesday, 15 Aug 2017 04:10pm EDT 

Aug 15 (Reuters) - LPL Financial Holdings Inc ::LPL Financial announces the purchase of National Planning Holdings.LPL Financial - ‍transaction is structured as an asset purchase with an initial purchase price of $325 million​.LPL Financial - ‍estimated run-rate gaap eps accretion from deal of $0.25-0.40 by end of 2018​.LPL Financial - ‍company will also make a contingent payment between $0 and $123 million in first half of 2018​.LPL Financial - ‍company estimates transaction can generate $75-100m of run-rate EBITDA* accretion by end of 2018​.LPL Financial - ‍company funded initial purchase price with cash available for corporate use from its balance sheet​.LPL Financial - ‍expects onboarding costs of $40-60 million that will be mostly complete by mid-2018​.LPL Financial - ‍company may raise additional debt and/or refinance its existing debt in conjunction with funding other transaction-related costs​.LPL Financial - ‍company funded initial purchase price with cash available for corporate use from its balance sheet​.  Full Article

LPL Financial Q2 earnings per share $0.74
Thursday, 27 Jul 2017 04:05pm EDT 

July 27 (Reuters) - LPL Financial Holdings Inc :LPL Financial announces second quarter 2017 results.Q2 earnings per share $0.74.Q2 earnings per share view $0.66 -- Thomson Reuters I/B/E/S.Narrowed 2017 core G&A outlook range to $710 to $720 million; qtrly total net revenues $1.07 billion versus $1.02 billion.Q2 revenue view $1.05 billion -- Thomson Reuters I/B/E/S.  Full Article

LPL Financial Holdings - total client cash sweep balances at May end $28.3 bln
Tuesday, 20 Jun 2017 04:05pm EDT 

June 20 (Reuters) - LPL Financial Holdings Inc :LPL Financial reports monthly activity for may 2017.LPL Financial Holdings - total brokerage and advisory assets served at may end were approximately $540 billion, up 0.9 percent compared to end of april 2017.LPL Financial Holdings Inc - total net new assets for may were $0.4 billion versus $0.1 billion in april 2017.LPL Financial Holdings Inc - total client cash sweep balances at end of may were $28.3 billion, a 2.4 percent decrease compared to april 2017.  Full Article

LPL Financial reports monthly activity for April 2017
Thursday, 18 May 2017 04:05pm EDT 

May 18 (Reuters) - LPL Financial Holdings Inc :LPL Financial reports monthly activity for April 2017.Says total brokerage and advisory assets served at end of April were about $535 billion, up 0.8 percent from March.LPL Financial Holdings - Total brokerage and advisory assets served at end of April were about $535 billion, a 0.8 percent increase compared to end of March 2017.  Full Article

BRIEF-LPL Financial Holdings Says Board Authorized Increase Share Repurchase Program, Of Upto $500 Mln Of Issued&Outstanding Common Stock

* LPL FINANCIAL HOLDINGS - ON DEC 5, 2017, BOARD AUTHORIZED INCREASE SHARE REPURCHASE PROGRAM, OF UPTO $500 MILLION OF ISSUED&OUTSTANDING COMMON STOCK