PJT Partners Inc. (pjt) Declares $0.05 Quarterly Dividend
PJT Partners Inc. (NYSE:pjt) announced a quarterly dividend on Tuesday, November 1st. Investors of record on Wednesday, December 7th will be paid a dividend of 0.05 per share on Wednesday, December 21st. This represents a $0.20 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date is Monday, December 5th.
Shares of PJT Partners (NYSE:PJT) opened at 29.64 on Wednesday. The company’s 50-day moving average price is $27.94 and its 200-day moving average price is $25.81. PJT Partners has a one year low of $19.96 and a one year high of $30.83. The stock’s market cap is $533.61 million.
Separately, TheStreet lowered PJT Partners from a “hold” rating to a “sell” rating in a report on Wednesday, November 23rd.
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In other PJT Partners news, Chairman Paul J. Taubman acquired 35,000 shares of the stock in a transaction dated Tuesday, November 15th. The shares were acquired at an average cost of $29.73 per share, for a total transaction of $1,040,550.00. Following the completion of the transaction, the chairman now directly owns 399,211 shares of the company’s stock, valued at $11,868,543.03. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.50% of the stock is owned by insiders.
About PJT Partners
PJT Partners Inc is an advisory-focused investment bank. The Company offers strategic advisory, restructuring and special situations and fund placement, and secondary advisory services to corporations, financial sponsors and governments. Its segment includes activities providing strategic advisory, restructuring and special situations and fund placement and secondary advisory services.
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