83.5% Of Focus Financial Partners Inc. (FOCS) Is Owned By Hedge Funds

Focus Financial Partners Inc. (NASDAQ:FOCS) recovered 18.22% of its value since hitting low of $22.61. The recent move of -2.69% drop pushed the stock to close at $26.73 when trading ended on 01/11/2019. At recent session, the prices were hovering between $26.195 and $27.2122. This company shares are 41.53% off its target price of $37.83 and the current market capitalization stands at $1.9B. The recent change has given its price a -12.36% deficit over SMA 50 and -46.02% deficit over its 52-week high. The stock witnessed -3.33% declines, -36.87% declines and 0% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found FOCS’s volatility during a week at 4.01% and during a month it has been found around 6.17%.

Focus Financial Partners Inc. (FOCS) Top Holders

Institutional investors currently hold around $1.41 billion or 83.5% in FOCS stock. Look at its top three institutional owners. Stone Point Capital Llc owns $571.87 million in Focus Financial Partners Inc., which represents roughly 30.1% of the company’s market cap and approximately 40.59% of the institutional ownership. Similar statistics are true for the second largest owner, Kohlberg Kravis Roberts & Co. L.P., which owns 9,523,809 shares of the stock are valued at $254.57 million. The third largest holder is Akre Capital Management Llc, which currently holds $73.51 million worth of this stock and that ownership represents nearly 3.87% of its market capitalization.

Focus Financial Partners Inc. 13F Filings

At the end of September reporting period, 84 institutional holders increased their position in Focus Financial Partners Inc. (NASDAQ:FOCS) by some 52,717,489 shares, decreased positions by and held positions by . That puts total institutional holdings at 52,717,489 shares, according to SEC filings. The stock grabbed 84 new institutional investments totaling 52,717,489 shares while institutional investors sold out their entire positions totaling shares.

Multiple company employees have indulged in significant insider trading. Focus Financial Partners Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Gottdiener Noah has acquired 7,575 shares of Focus Financial Partners Inc. (FOCS) in trading session dated Jul. 30, 2018. These shares are worth $249,975 and were traded at $33 each. The SEC filing shows that Mcwhinney Deborah D performed a purchase of 3,000 shares. The Director added these shares by way of transaction on Jul. 30, 2018. The company’s shares were assimilated at $33 per share worth to an investment of some $99,000 on account of Mcwhinney Deborah D.

Focus Financial Partners Inc. (FOCS) Analyst Guide

Several analysts have released their opinion on Focus Financial Partners Inc. (NASDAQ:FOCS), with 0 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.57 average brokerage recommendation.