TP ICAP Group PLC (LON:TCAP - Get Free Report) insider Philip Price sold 218,818 shares of the stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of GBX 261 ($3.51), for a total value of £571,114.98 ($768,453.96).
TP ICAP Group Stock Up 1.0%
Shares of TCAP traded up GBX 2.50 ($0.03) on Friday, reaching GBX 262.50 ($3.53). The stock had a trading volume of 2,785,582 shares, compared to its average volume of 3,690,421. The firm has a market capitalization of £1.98 billion, a PE ratio of 20.38, a PEG ratio of 0.49 and a beta of 0.65. The firm has a 50-day moving average of GBX 254.50 and a 200 day moving average of GBX 260.37. TP ICAP Group PLC has a twelve month low of GBX 197 ($2.65) and a twelve month high of GBX 281.43 ($3.79).
TP ICAP Group (LON:TCAP - Get Free Report) last released its quarterly earnings results on Wednesday, March 12th. The company reported GBX 31.80 ($0.43) earnings per share for the quarter. TP ICAP Group had a return on equity of 4.82% and a net margin of 4.54%. On average, sell-side analysts anticipate that TP ICAP Group PLC will post 31.0273973 earnings per share for the current fiscal year.
TP ICAP Group Increases Dividend
The company also recently declared a dividend, which was paid on Friday, May 23rd. Investors of record on Thursday, April 10th were issued a GBX 11.30 ($0.15) dividend. The ex-dividend date was Thursday, April 10th. This represents a dividend yield of 4.28%. This is a boost from TP ICAP Group's previous dividend of $4.80. TP ICAP Group's dividend payout ratio is currently 116.48%.
TP ICAP Group announced that its board has authorized a share repurchase program on Tuesday, March 11th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.
Analysts Set New Price Targets
Separately, Shore Capital restated a "buy" rating on shares of TP ICAP Group in a report on Thursday, March 20th.
View Our Latest Report on TCAP
About TP ICAP Group
(
Get Free Report)
Featured Stories
Before you consider TP ICAP Group, you'll want to hear this.
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 TP ICAP Group wasn't on the list.
While TP ICAP Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
