Key Points
- Insider sale: Jupiter Fund Management insider Matthew Beesley sold 447,370 shares at an average of GBX 173, generating approximately £773,950.
- Stock performance: JUP shares opened at GBX 169, down 2.5%, with a market capitalization of roughly £846.95 million.
- Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with two Buy ratings and one Hold rating and an average price target of GBX 176.
Jupiter Fund Management Plc (LON:JUP - Get Free Report) insider Matthew Beesley sold 447,370 shares of the business's stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of GBX 173, for a total transaction of £773,950.10.
Jupiter Fund Management Trading Down 2.5%
Shares of JUP stock opened at GBX 169 on Friday. The company has a debt-to-equity ratio of 4.75, a quick ratio of 1.79 and a current ratio of 1.58. The company has a market capitalization of £846.95 million, a price-to-earnings ratio of 9.14 and a beta of 1.30. Jupiter Fund Management Plc has a 52-week low of GBX 137.20 and a 52-week high of GBX 214.50. The company has a 50-day simple moving average of GBX 163.44 and a two-hundred day simple moving average of GBX 163.99.
Jupiter Fund Management (LON:JUP - Get Free Report) last posted its earnings results on Thursday, July 23rd. The company reported GBX 7.20 EPS for the quarter. Jupiter Fund Management had a net margin of 19.32% and a return on equity of 11.59%. Research analysts anticipate that Jupiter Fund Management Plc will post 8.5093781 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
JUP has been the topic of a number of recent analyst reports. Berenberg Bank reiterated a "buy" rating and set a GBX 187 price target on shares of Jupiter Fund Management in a report on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft upped their price objective on Jupiter Fund Management from GBX 180 to GBX 185 and gave the company a "hold" rating in a research note on Friday, September 4th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of GBX 176.
Read Our Latest Stock Analysis on Jupiter Fund Management
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. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.
Further Reading
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