Jupiter Fund Management Plc (LON:JUP - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 78.29 ($1.04) and traded as high as GBX 79.30 ($1.05). Jupiter Fund Management shares last traded at GBX 78.80 ($1.05), with a volume of 738,901 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Citigroup decreased their price target on Jupiter Fund Management from GBX 92 ($1.22) to GBX 80 ($1.06) and set a "neutral" rating on the stock in a research note on Thursday, January 23rd.
Get Our Latest Research Report on JUP
Jupiter Fund Management Stock Up 0.6%
The company has a current ratio of 1.70, a quick ratio of 1.79 and a debt-to-equity ratio of 11.23. The firm has a 50 day moving average price of GBX 73.38 and a 200-day moving average price of GBX 78.29. The firm has a market cap of £403.70 million, a price-to-earnings ratio of -45.48 and a beta of 1.42.
Jupiter Fund Management (LON:JUP - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The company reported GBX 13.40 ($0.18) earnings per share (EPS) for the quarter. Jupiter Fund Management had a negative net margin of 2.34% and a negative return on equity of 1.13%. On average, equities analysts forecast that Jupiter Fund Management Plc will post 8.5093781 EPS for the current year.
Jupiter Fund Management Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Thursday, April 17th will be given a GBX 2.20 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a yield of 2.9%. Jupiter Fund Management's payout ratio is -403.98%.
Insiders Place Their Bets
In related news, insider David Cruickshank bought 100,000 shares of Jupiter Fund Management stock in a transaction dated Tuesday, March 4th. The shares were bought at an average cost of GBX 74 ($0.98) per share, for a total transaction of £74,000 ($98,299.68). Also, insider Dale Jane Murray purchased 33,000 shares of the firm's stock in a transaction dated Friday, February 28th. The shares were bought at an average cost of GBX 75 ($1.00) per share, for a total transaction of £24,750 ($32,877.26). Insiders own 25.22% of the company's stock.
Jupiter Fund Management Company Profile
(
Get Free Report)
Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.
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