Jupiter Fund Management Plc (LON:JUP - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 70.90 ($0.91) and last traded at GBX 70.90 ($0.91), with a volume of 1423811 shares. The stock had previously closed at GBX 74.60 ($0.96).
Analysts Set New Price Targets
Separately, Citigroup decreased their price target on Jupiter Fund Management from GBX 92 ($1.19) to GBX 80 ($1.03) and set a "neutral" rating for the company in a report on Thursday, January 23rd. One analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of GBX 89 ($1.15).
Check Out Our Latest Report on Jupiter Fund Management
Jupiter Fund Management Price Performance
The company has a market cap of £349.39 million, a price-to-earnings ratio of -39.36 and a beta of 1.42. The company has a 50-day simple moving average of GBX 77.09 and a 200-day simple moving average of GBX 81.18. The company has a debt-to-equity ratio of 11.23, a quick ratio of 1.79 and a current ratio of 1.70.
Jupiter Fund Management (LON:JUP - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported GBX 13.40 ($0.17) earnings per share (EPS) for the quarter. Jupiter Fund Management had a negative return on equity of 1.13% and a negative net margin of 2.34%. As a group, research analysts predict that Jupiter Fund Management Plc will post 8.5093781 earnings per share for the current year.
Jupiter Fund Management Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Tuesday, May 20th. Investors of record on Thursday, April 17th will be paid a GBX 2.20 ($0.03) dividend. This represents a dividend yield of 2.9%. The ex-dividend date is Thursday, April 17th. Jupiter Fund Management's dividend payout ratio (DPR) is -403.98%.
Insiders Place Their Bets
In other Jupiter Fund Management news, insider Dale Jane Murray acquired 33,000 shares of the firm's stock in a transaction that occurred on Friday, February 28th. The shares were acquired at an average cost of GBX 75 ($0.97) per share, for a total transaction of £24,750 ($31,927.24). Also, insider David Cruickshank acquired 100,000 shares of the stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average cost of GBX 74 ($0.95) per share, for a total transaction of £74,000 ($95,459.24). 25.22% of the stock is currently owned by company insiders.
About Jupiter Fund Management
(
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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