PJT Partners (US:PJT)2023-10-31 12:40Company Overview - PJT Park Hill is a leading global advisor and placement agent to alternative asset managers, having raised over $480 billion in capital[6] - The company has a market capitalization of over $3 billion as of September 30, 2023[26] - PJT Partners operates in 11 countries with over 1,000 employees[27] Financial Performance - Total revenues for the latest twelve months ending Q3 2023 reached $1,105 million, a 4% increase year-over-year[36] - Adjusted EPS for the latest twelve months ending Q3 2023 was $3.39, representing a 22% decrease year-over-year[36] - Advisory revenue for the latest twelve months ending Q3 2023 was $966.8 million, compared to $825.3 million for the same period in 2022[16] - Placement revenue for the latest twelve months ending Q3 2023 was $117.7 million, compared to $228.6 million for the same period in 2022[16] - The company used approximately $142 million to pay dividends[12] - Approximately $985 million has been used to repurchase 173 million shares and share equivalents since the spin-off on October 1, 2015[95] Business Segments - LP Advisory has over $70 billion in LP portfolio sales[7] - GP Advisory has over $50 billion in GP-led secondary transactions[7]