Gain Capital Holdings Inc (NYSE:GCAP) Director Christopher Warren Calhoun sold 25,000 shares of the business’s stock in a transaction on Monday, December 3rd. The stock was sold at an average price of $7.20, for a total value of $180,000.00. Following the sale, the director now owns 37,028 shares in the company, valued at approximately $266,601.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Shares of NYSE GCAP traded up $0.02 during trading on Thursday, reaching $7.25. The company had a trading volume of 326,500 shares, compared to its average volume of 677,722. Gain Capital Holdings Inc has a 12 month low of $6.08 and a 12 month high of $13.26. The firm has a market capitalization of $320.15 million, a PE ratio of -36.25, a price-to-earnings-growth ratio of 1.09 and a beta of 0.10. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.38.
Gain Capital (NYSE:GCAP) last released its quarterly earnings results on Thursday, October 25th. The financial services provider reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.17. Gain Capital had a return on equity of 9.10% and a net margin of 25.74%. The firm had revenue of $95.50 million for the quarter, compared to analyst estimates of $85.77 million. As a group, analysts forecast that Gain Capital Holdings Inc will post 0.88 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 18th. Stockholders of record on Tuesday, December 11th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date of this dividend is Monday, December 10th. Gain Capital’s dividend payout ratio is -120.00%.
A number of equities research analysts have commented on the company. JPMorgan Chase & Co. assumed coverage on Gain Capital in a research report on Friday, August 31st. They issued a “neutral” rating and a $9.00 price target on the stock. ValuEngine lowered Gain Capital from a “hold” rating to a “sell” rating in a research report on Friday, September 21st. Zacks Investment Research upgraded Gain Capital from a “sell” rating to a “hold” rating in a research report on Tuesday, September 25th. Finally, TheStreet upgraded Gain Capital from a “c” rating to a “b-” rating in a research report on Friday, October 26th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Gain Capital presently has a consensus rating of “Hold” and a consensus price target of $8.75.
Several large investors have recently made changes to their positions in the company. Bank of America Corp DE lifted its stake in shares of Gain Capital by 51.4% in the 2nd quarter. Bank of America Corp DE now owns 31,011 shares of the financial services provider’s stock valued at $234,000 after purchasing an additional 10,526 shares during the period. Vident Investment Advisory LLC lifted its stake in shares of Gain Capital by 100.4% in the 3rd quarter. Vident Investment Advisory LLC now owns 24,814 shares of the financial services provider’s stock valued at $161,000 after purchasing an additional 12,432 shares during the period. Renaissance Technologies LLC acquired a new position in shares of Gain Capital in the 3rd quarter valued at about $105,000. LMR Partners LLP acquired a new position in shares of Gain Capital in the 2nd quarter valued at about $146,000. Finally, Robotti Robert acquired a new position in shares of Gain Capital in the 3rd quarter valued at about $163,000. 52.16% of the stock is currently owned by institutional investors.
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Gain Capital Company Profile
GAIN Capital Holdings, Inc, together with its subsidiary, provides trading services and solutions to retail, institutional, and futures service customers worldwide. The company operates in three segments: Retail, Institutional, and Futures. It specializes in over-the-counter (OTC) and exchange-traded markets.
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