3i Group plc - Unsponsored ADR (OTCMKTS:TGOPY - Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $30.01 and last traded at $29.81, with a volume of 83259 shares changing hands. The stock had previously closed at $29.51.
Analysts Set New Price Targets
Separately, Kepler Capital Markets raised 3i Group to a "hold" rating in a report on Tuesday, July 8th.
Read Our Latest Stock Analysis on TGOPY
3i Group Stock Down 2.7%
The stock has a 50-day simple moving average of $28.49 and a 200 day simple moving average of $26.46.
3i Group Increases Dividend
The company also recently disclosed a dividend, which will be paid on Monday, August 11th. Shareholders of record on Monday, June 23rd will be given a $0.2298 dividend. The ex-dividend date is Friday, June 20th. This represents a dividend yield of 1.34%. This is an increase from 3i Group's previous dividend of $0.15.
About 3i Group
(
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3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.
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