Gain Capital Holdings Inc (NYSE:GCAP) insider Samantha Roady sold 36,000 shares of Gain Capital stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $8.37, for a total value of $301,320.00. Following the completion of the transaction, the insider now directly owns 297,354 shares in the company, valued at $2,488,852.98. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of Gain Capital Holdings Inc (NYSE:GCAP) traded up $0.29 during trading on Thursday, reaching $8.27. The company’s stock had a trading volume of 3,018,566 shares, compared to its average volume of 2,980,000. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.45. The stock has a market cap of $372.79, a PE ratio of 27.57, a P/E/G ratio of 1.50 and a beta of 0.26. Gain Capital Holdings Inc has a 1-year low of $5.56 and a 1-year high of $13.26.
Gain Capital (NYSE:GCAP) last announced its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.05 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.06. Gain Capital had a return on equity of 5.62% and a net margin of 3.72%. The business had revenue of $81.30 million for the quarter, compared to analysts’ expectations of $79.86 million. During the same period in the previous year, the firm earned ($0.11) EPS. The business’s quarterly revenue was up 12.6% on a year-over-year basis. sell-side analysts forecast that Gain Capital Holdings Inc will post 0.13 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, December 21st. Stockholders of record on Monday, December 11th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, December 8th. This represents a $0.24 annualized dividend and a dividend yield of 2.90%. Gain Capital’s dividend payout ratio (DPR) is presently 80.00%.
Several institutional investors and hedge funds have recently bought and sold shares of GCAP. Los Angeles Capital Management & Equity Research Inc. purchased a new position in shares of Gain Capital during the third quarter valued at approximately $104,000. Trexquant Investment LP purchased a new position in shares of Gain Capital during the third quarter valued at approximately $109,000. Principal Financial Group Inc. purchased a new position in shares of Gain Capital during the second quarter valued at approximately $119,000. Martingale Asset Management L P increased its stake in shares of Gain Capital by 52.2% during the second quarter. Martingale Asset Management L P now owns 23,020 shares of the financial services provider’s stock valued at $144,000 after buying an additional 7,900 shares during the period. Finally, Voya Investment Management LLC increased its stake in shares of Gain Capital by 17.1% during the second quarter. Voya Investment Management LLC now owns 25,712 shares of the financial services provider’s stock valued at $160,000 after buying an additional 3,755 shares during the period. 56.25% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities analysts have commented on the company. TheStreet cut Gain Capital from a “b-” rating to a “c” rating in a research note on Thursday, October 26th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $7.00 price target on shares of Gain Capital in a research note on Friday, October 6th. Zacks Investment Research cut Gain Capital from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Finally, BidaskClub raised Gain Capital from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $7.58.
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Gain Capital Company Profile
GAIN Capital Holdings, Inc (GAIN) is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company’s segments include Retail segment, Institutional segment and Futures segment. Through its retail segment, the Company provides its retail customers across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex.
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