Jupiter Fund Management Plc (LON:JUP) Declares GBX 2.20 Dividend

Jupiter Fund Management Plc (LON:JUP - Get Free Report) declared a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 17th will be given a dividend of GBX 2.20 ($0.03) per share on Tuesday, May 20th. This represents a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, April 17th. The official announcement can be seen at this link.

Jupiter Fund Management Trading Down 4.8 %

Shares of JUP traded down GBX 3.47 ($0.05) during trading hours on Friday, reaching GBX 69.53 ($0.92). The stock had a trading volume of 1,806,393 shares, compared to its average volume of 2,516,678. The company has a market cap of £356.21 million, a P/E ratio of -40.13 and a beta of 1.42. Jupiter Fund Management has a 52 week low of GBX 64.70 ($0.86) and a 52 week high of GBX 91.30 ($1.21). The company has a quick ratio of 1.79, a current ratio of 1.70 and a debt-to-equity ratio of 11.23. The firm has a 50-day moving average of GBX 75.01 and a 200 day moving average of GBX 79.84.

Jupiter Fund Management (LON:JUP - Get Free Report) last posted 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 return on equity of 1.13% and a negative net margin of 2.34%. On average, sell-side analysts expect that Jupiter Fund Management will post 8.5093781 earnings per share for the current fiscal year.

Insider Transactions at Jupiter Fund Management

In other Jupiter Fund Management news, insider Dale Jane Murray purchased 33,000 shares of the stock in a transaction dated Friday, February 28th. The shares were bought at an average price of GBX 75 ($1.00) per share, with a total value of £24,750 ($32,907.86). Also, insider David Cruickshank acquired 100,000 shares of Jupiter Fund Management stock in a transaction that occurred on Tuesday, March 4th. The shares were purchased at an average cost of GBX 74 ($0.98) per share, with a total value of £74,000 ($98,391.17). Company insiders own 25.22% of the company's stock.

Analyst Ratings Changes

Separately, Citigroup cut their price objective 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.

About Jupiter Fund Management

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.