Jupiter Fund Management Plc (LON:JUP - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 78.29 ($1.05) and traded as high as GBX 79.30 ($1.06). Jupiter Fund Management shares last traded at GBX 78.80 ($1.06), with a volume of 738,901 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Citigroup cut their price target on shares of Jupiter Fund Management from GBX 92 ($1.23) to GBX 80 ($1.07) and set a "neutral" rating on the stock in a report on Thursday, January 23rd.
Get Our Latest Research Report on Jupiter Fund Management
Jupiter Fund Management Trading Up 5.3%
The company has a market cap of £427.26 million, a P/E ratio of -48.13 and a beta of 1.42. The stock's 50-day moving average is GBX 73.80 and its two-hundred day moving average is GBX 78.28. The company has a debt-to-equity ratio of 11.23, a current ratio of 1.70 and a quick ratio of 1.79.
Jupiter Fund Management (LON:JUP - Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The company reported GBX 13.40 ($0.18) earnings per share for the quarter. Jupiter Fund Management had a negative net margin of 2.34% and a negative return on equity of 1.13%. As a group, equities research analysts predict that Jupiter Fund Management Plc will post 8.5093781 earnings per share for the current fiscal year.
Jupiter Fund Management Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, May 20th. Investors of record on Thursday, April 17th were given a dividend of GBX 2.20 ($0.03) per share. The ex-dividend date of this dividend was Thursday, April 17th. This represents a yield of 2.9%. Jupiter Fund Management's dividend payout ratio (DPR) is -403.98%.
Insider Activity at Jupiter Fund Management
In other Jupiter Fund Management news, insider Dale Jane Murray purchased 33,000 shares of the firm's stock in a transaction on Friday, February 28th. The shares were acquired at an average cost of GBX 75 ($1.01) per share, for a total transaction of £24,750 ($33,221.48). Also, insider David Cruickshank purchased 100,000 shares of the firm's stock in a transaction on Tuesday, March 4th. The stock was acquired at an average price of GBX 74 ($0.99) per share, for a total transaction of £74,000 ($99,328.86). 25.22% of the stock is owned by insiders.
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.
See Also
Before you consider Jupiter Fund Management, 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 Jupiter Fund Management wasn't on the list.
While Jupiter Fund Management currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
