Schwab Charles Investment Management Inc. Continues to Hold Stake in GAIN Capital Holdings, Inc. (GCAP)

Schwab Charles Investment Management Inc. continued to hold its position in shares of GAIN Capital Holdings, Inc. (NYSE:GCAP) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 70,000 shares of the financial services provider’s stock at the end of the second quarter. Schwab Charles Investment Management Inc. owned approximately 0.15% of GAIN Capital Holdings worth $437,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GCAP. Vanguard Group Inc. boosted its stake in shares of GAIN Capital Holdings by 8.5% in the first quarter. Vanguard Group Inc. now owns 1,273,862 shares of the financial services provider’s stock valued at $10,611,000 after buying an additional 99,492 shares in the last quarter. UBS Group AG boosted its stake in shares of GAIN Capital Holdings by 345.8% in the first quarter. UBS Group AG now owns 59,343 shares of the financial services provider’s stock valued at $494,000 after buying an additional 46,030 shares in the last quarter. Weber Alan W boosted its stake in shares of GAIN Capital Holdings by 130.1% in the second quarter. Weber Alan W now owns 315,000 shares of the financial services provider’s stock valued at $1,962,000 after buying an additional 178,114 shares in the last quarter. American International Group Inc. boosted its stake in shares of GAIN Capital Holdings by 7.0% in the first quarter. American International Group Inc. now owns 22,956 shares of the financial services provider’s stock valued at $191,000 after buying an additional 1,511 shares in the last quarter. Finally, Spark Investment Management LLC boosted its stake in shares of GAIN Capital Holdings by 148.4% in the second quarter. Spark Investment Management LLC now owns 133,400 shares of the financial services provider’s stock valued at $831,000 after buying an additional 79,700 shares in the last quarter. 53.31% of the stock is currently owned by institutional investors.

GAIN Capital Holdings, Inc. (NYSE GCAP) opened at $6.97 on Monday. The firm has a market capitalization of $329.27, a price-to-earnings ratio of 20.50, a price-to-earnings-growth ratio of 8.85 and a beta of 0.28. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.23 and a quick ratio of 1.23.

GAIN Capital Holdings (NYSE:GCAP) last released its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.05 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.06. GAIN Capital Holdings had a return on equity of 5.63% and a net margin of 3.72%. The company had revenue of $81.30 million during the quarter, compared to analysts’ expectations of $79.86 million. During the same period in the previous year, the firm posted ($0.11) earnings per share. The business’s revenue for the quarter was up 12.6% compared to the same quarter last year. research analysts anticipate that GAIN Capital Holdings, Inc. will post 0.1 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Monday, December 11th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Friday, December 8th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.44%. GAIN Capital Holdings’s dividend payout ratio (DPR) is 80.00%.

GCAP has been the topic of a number of analyst reports. TheStreet upgraded GAIN Capital Holdings from a “c” rating to a “b-” rating in a research note on Monday, August 7th. Jefferies Group LLC restated a “buy” rating and issued a $8.50 price target (down from $9.00) on shares of GAIN Capital Holdings in a research note on Friday, August 4th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $7.00 price target on shares of GAIN Capital Holdings in a research note on Friday, October 6th. BidaskClub downgraded GAIN Capital Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, Zacks Investment Research upgraded GAIN Capital Holdings from a “strong sell” rating to a “hold” rating and set a $7.25 target price on the stock in a research report on Monday, July 10th. 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 an average target price of $7.58.

In other news, major shareholder Ltd Ipgl purchased 71,306 shares of the stock in a transaction on Thursday, September 7th. The stock was purchased at an average price of $6.20 per share, with a total value of $442,097.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Christopher Warren Calhoun sold 5,000 shares of the business’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $7.00, for a total value of $35,000.00. Following the sale, the director now directly owns 23,278 shares of the company’s stock, valued at approximately $162,946. The disclosure for this sale can be found here. Insiders purchased 200,000 shares of company stock valued at $1,244,594 over the last quarter. Insiders own 5.60% of the company’s stock.

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GAIN Capital Holdings 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.

Institutional Ownership by Quarter for GAIN Capital Holdings (NYSE:GCAP)

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