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Allspring Global Investments Holdings LLC Buys 11,043 Shares of Raymond James Financial, Inc. $RJF
Allspring Global Investments Holdings LLC increased its stake in Raymond James Financial, Inc. (NYSE:RJF) by 13.1%, purchasing an additional 11,043 shares. The firm now holds 95,603 shares valued at approximately $15.64 million, with institutional investors owning 83.83% of the company. Despite an insider sale by Bella Loykhter Allaire, Raymond James beat EPS estimates for the quarter and analysts maintain an average “Hold” rating with a $183 price target.