<div id="readability-page-1"><p>Cresset Asset Management LLC raised its position in  PJT Partners Inc. (NYSE:PJT - Free Report) by 105.4% during the second quarter, according to its most recent filing with the SEC. The institutional investor  owned 21,536 shares of the financial services provider's stock after purchasing an additional 11,053 shares during the period. Cresset Asset Management LLC owned 0.09% of PJT Partners worth $3,554,000 at the end of the most recent quarter.</p><p>Other large investors have also modified their holdings of the company. Geode Capital Management LLC raised its position in shares of  PJT Partners by 2.5% in the second quarter. Geode Capital Management LLC now owns 674,958 shares of the financial services provider's stock valued at $111,387,000 after buying an additional 16,591 shares during the last quarter.  Invesco Ltd. grew its stake in  PJT Partners by 106.7% during the 2nd quarter. Invesco Ltd. now owns 520,056 shares of the financial services provider's stock valued at $85,814,000 after acquiring an additional 268,435 shares in the last quarter.  Congress Asset Management Co. raised its holdings in  PJT Partners by 3.8% in the 2nd quarter. Congress Asset Management Co. now owns 504,146 shares of the financial services provider's stock valued at $83,189,000 after acquiring an additional 18,571 shares during the last quarter.  Alliancebernstein L.P. lifted its stake in  PJT Partners by 1.4% in the 1st quarter. Alliancebernstein L.P. now owns 481,410 shares of the financial services provider's stock worth $66,377,000 after purchasing an additional 6,700 shares in the last quarter.  Finally, Goldman Sachs Group Inc. boosted its holdings in shares of  PJT Partners by 5.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 370,536 shares of the financial services provider's stock worth $51,090,000 after purchasing an additional 19,806 shares during the last quarter. Hedge funds and other institutional investors own  89.23% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>PJT has been the topic of a number of analyst reports. Keefe, Bruyette &amp; Woods lifted their price objective on PJT Partners from $180.00 to $182.00 and gave the stock a &#34;market perform&#34; rating in a research report on Wednesday, November 5th. Zacks Research upgraded PJT Partners from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Friday, November 7th. Weiss Ratings  reissued a &#34;hold (c+)&#34; rating on shares of PJT Partners in a research report on Wednesday, October 8th. Evercore ISI  set a $180.00 price objective on shares of PJT Partners in a research report on Monday, October 13th. Finally, BMO Capital Markets started coverage on shares of PJT Partners in a research note on Friday, October 3rd. They set an &#34;outperform&#34; rating and a $205.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, four have given a Hold rating and one  has given a Sell rating to the company. According to MarketBeat.com, PJT Partners  has an average rating of &#34;Hold&#34; and an average target price of $189.00.</p><p><b>Read Our Latest Report on PJT Partners</b></p><h2>PJT Partners Trading Up 3.0%</h2><p>Shares of PJT opened at $175.88 on Monday. The company's 50-day moving average price is $171.30 and its 200 day moving average price is $171.81. PJT Partners Inc. has a 12-month low of $119.76 and a 12-month high of $190.27. The firm has a market cap of $4.28 billion, a P/E ratio of 27.06 and a beta of 0.85. </p><p>PJT Partners (NYSE:PJT - Get Free Report) last announced its earnings results on Tuesday, November 4th. The financial services provider reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.61. PJT Partners had a net margin of 10.75% and a return on equity of 29.66%. The company had revenue of $447.09 million during the quarter, compared to analyst estimates of $386.76 million.  Equities research analysts forecast that  PJT Partners Inc. will post 6.2 earnings per share for the current year. </p><h2>PJT Partners Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. PJT Partners's dividend payout ratio (DPR) is presently 15.38%. </p><h2>PJT Partners Profile</h2> (Free Report)<p>PJT Partners Inc, an investment bank, provides various strategic and capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers advisory services to clients on various transactions, including mergers and acquisitions (M&amp;A), spin-offs, activism defense, contested M&amp;A, joint ventures, minority investments, and divestitures.</p><h2>Read More</h2><ul><li>Five stocks we like better than PJT Partners</li><li>Bank Stocks - Best Bank Stocks to Invest In</li><li>Rubrik’s Massive Rebound: Why the Next Leg Higher Could Be Fast</li><li>Why Are Stock Sectors Important to Successful Investing?</li><li>Five Below and Dollar Tree Earnings Signal a Shopper Shift</li><li>Stock Trading Terms - Stock Terms Every Investor Needs to Know</li><li>Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?</li></ul><p><strong>Want to see what other hedge funds are holding PJT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PJT Partners Inc. (NYSE:PJT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBKVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBKVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in PJT Partners Right Now?</h2><p>Before you consider PJT Partners, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PJT Partners wasn't on the list.</p><p>While PJT Partners currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Cresset Asset Management LLC increased its stake in PJT Partners Inc. by 105.4% in Q2, owning 21,536 shares worth $3,554,000. Other investors like Geode Capital and Invesco also raised their positions. Analysts have mixed ratings, with a target price of $189.00. PJT's stock opened at $175.88, with a market cap of $4.28 billion. The company announced a quarterly dividend of $0.25 per share, payable on December 17th.</p>

PJT Partners Inc. $PJT Shares Purchased by Cresset Asset Management LLC