3i Group plc - Unsponsored ADR (OTCMKTS:TGOPY - Get Free Report) shares saw strong trading volume on Monday . 413,569 shares were traded during trading, an increase of 136% from the previous session's volume of 175,602 shares.The stock last traded at $28.64 and had previously closed at $28.22.
Analysts Set New Price Targets
Separately, Kepler Capital Markets raised 3i Group to a "hold" rating in a report on Tuesday.
Check Out Our Latest Research Report on 3i Group
3i Group Trading Up 0.2%
The business's 50-day simple moving average is $28.28 and its 200-day simple moving average is $25.91.
3i Group Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, August 11th. Shareholders of record on Monday, June 23rd will be issued a dividend of $0.2298 per share. This represents a yield of 1.34%. The ex-dividend date is Friday, June 20th. This is a boost 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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