LPL Investment Stock Falls On Unusually High Volume (LPLA)

NEW YORK ( TheStreet) -- LPL Investment Holdings (Nasdaq: LPLA) is trading at unusually high volume Tuesday with 1.2 million shares changing hands. It is currently at four times its average daily volume and trading down 85 cents (-2.4%) at $35.04 as of 2:15 p.m. ET.

LPL Investment has a market cap of $4.08 billion and is part of the financial sector and financial services industry. Shares are up 17.5% year to date as of the close of trading on Monday.

LPL Investment Holdings Inc. provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. The company has a P/E ratio of 24.7, equal to the average financial services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates LPL Investment as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full LPL Investment Ratings Report.

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