Tp Icap (LON:TCAP) insider Carol Sergeant purchased 5,173 shares of the business’s stock in a transaction dated Wednesday, March 14th. The shares were purchased at an average price of GBX 483 ($6.78) per share, for a total transaction of £24,985.59 ($35,072.42).
Shares of TCAP traded up GBX 4.90 ($0.07) during mid-day trading on Friday, hitting GBX 444.80 ($6.24). 1,474,491 shares of the company’s stock were exchanged, compared to its average volume of 1,770,000. Tp Icap has a twelve month low of GBX 438.79 ($6.16) and a twelve month high of GBX 560.60 ($7.87).
The firm also recently declared a dividend, which will be paid on Thursday, May 17th. Stockholders of record on Thursday, April 5th will be paid a dividend of GBX 11.25 ($0.16) per share. This is a positive change from Tp Icap’s previous dividend of $5.60. The ex-dividend date of this dividend is Thursday, April 5th. This represents a dividend yield of 2.31%.
TCAP has been the topic of a number of recent analyst reports. Morgan Stanley restated an “overweight” rating and set a GBX 620 ($8.70) price target on shares of Tp Icap in a report on Wednesday, February 7th. Liberum Capital restated a “buy” rating and set a GBX 580 ($8.14) price target on shares of Tp Icap in a report on Friday, December 8th. Shore Capital reiterated a “sell” rating on shares of Tp Icap in a research note on Tuesday, March 13th. Peel Hunt reiterated a “reduce” rating and issued a GBX 435 ($6.11) price objective on shares of Tp Icap in a research note on Monday, January 8th. Finally, Barclays reiterated an “underweight” rating and issued a GBX 430 ($6.04) price objective on shares of Tp Icap in a research note on Wednesday, March 14th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. Tp Icap currently has an average rating of “Hold” and a consensus price target of GBX 533.30 ($7.49).
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Tp Icap Company Profile
TP ICAP plc, through its portfolio of businesses, provides intermediary services, contextual insights and intelligence, trade execution solutions, and data and analytics. The company operates in four divisions: Global Broking, Energy & Commodities, Institutional Services, and Data & Analytics.
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