Gain Capital Holdings Inc (GCAP) Stake Lifted by Signia Capital Management LLC

Signia Capital Management LLC grew its position in shares of Gain Capital Holdings Inc (NYSE:GCAP) by 2.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 871,047 shares of the financial services provider’s stock after buying an additional 19,143 shares during the period. Gain Capital accounts for 5.7% of Signia Capital Management LLC’s investment portfolio, making the stock its 5th largest position. Signia Capital Management LLC owned about 1.93% of Gain Capital worth $5,566,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in Gain Capital by 0.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,169,088 shares of the financial services provider’s stock worth $13,513,000 after purchasing an additional 7,814 shares in the last quarter. Luzich Partners LLC lifted its holdings in Gain Capital by 14.8% during the 2nd quarter. Luzich Partners LLC now owns 1,415,878 shares of the financial services provider’s stock worth $8,821,000 after purchasing an additional 182,030 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Gain Capital by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 1,290,814 shares of the financial services provider’s stock worth $8,041,000 after purchasing an additional 16,952 shares in the last quarter. Northern Trust Corp lifted its holdings in Gain Capital by 61.8% during the 2nd quarter. Northern Trust Corp now owns 1,003,141 shares of the financial services provider’s stock worth $6,249,000 after purchasing an additional 383,185 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Gain Capital by 7.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 886,638 shares of the financial services provider’s stock worth $5,523,000 after purchasing an additional 62,400 shares in the last quarter. 56.25% of the stock is currently owned by hedge funds and other institutional investors.

Gain Capital Holdings Inc (NYSE:GCAP) traded up $0.37 during trading hours on Monday, hitting $7.92. The company’s stock had a trading volume of 1,159,800 shares, compared to its average volume of 298,868. Gain Capital Holdings Inc has a 1 year low of $5.56 and a 1 year high of $8.95. The stock has a market cap of $357.02, a PE ratio of 23.29, a P/E/G ratio of 10.06 and a beta of 0.27. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.45.

Gain Capital (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, beating the 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 firm had revenue of $81.30 million for the quarter, compared to analysts’ expectations of $79.86 million. During the same quarter last year, the firm posted ($0.11) EPS. The company’s revenue was up 12.6% compared to the same quarter last year. equities analysts expect that Gain Capital Holdings Inc will post 0.1 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders 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 annualized dividend and a dividend yield of 3.03%. Gain Capital’s payout ratio is currently 80.00%.

A number of analysts recently issued reports on the company. BidaskClub cut Gain Capital from a “buy” rating to a “hold” rating in a report on Tuesday, August 22nd. Keefe, Bruyette & Woods reissued a “hold” rating and set a $7.00 price objective on shares of Gain Capital in a report on Friday, October 6th. TheStreet raised Gain Capital from a “c” rating to a “b-” rating in a report on Monday, August 7th. Finally, Zacks Investment Research cut Gain Capital from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $7.58.

In other Gain Capital news, Director Christopher Warren Calhoun sold 5,000 shares of the firm’s stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $7.00, for a total value of $35,000.00. Following the sale, the director now owns 23,278 shares of the company’s stock, valued at approximately $162,946. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Ltd Ipgl purchased 71,306 shares of the stock in a transaction on Thursday, September 7th. The stock was acquired at an average cost of $6.20 per share, for a total transaction of $442,097.20. The disclosure for this purchase can be found here. Company insiders own 5.60% of the company’s stock.

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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.

Institutional Ownership by Quarter for Gain Capital (NYSE:GCAP)

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