New York State Teachers Retirement System and American Century Companies Inc. have increased their stakes in PJT Partners, with hedge funds owning 89.23% of the stock. PJT Partners was recently upgraded by UBS Group to a "neutral" rating, with a price target of $175, while JMP Securities raised its target to $150. The company reported a quarterly EPS of $0.93, exceeding estimates, and a revenue of $326.30 million, marking a 17.2% year-over-year increase.
