Shares of Jupiter Fund Management PLC (LON:JUP) have been given an average rating of “Hold” by the fourteen analysts that are presently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 524.10 ($6.78).
Several research analysts recently weighed in on the company. Peel Hunt reaffirmed a “hold” rating on shares of Jupiter Fund Management in a research note on Friday, July 27th. Shore Capital reaffirmed a “hold” rating and set a GBX 466 ($6.03) target price on shares of Jupiter Fund Management in a research note on Wednesday, April 18th. Liberum Capital reaffirmed a “buy” rating and set a GBX 634 ($8.21) target price on shares of Jupiter Fund Management in a research note on Wednesday, April 18th. Numis Securities reaffirmed a “hold” rating and set a GBX 510 ($6.60) target price on shares of Jupiter Fund Management in a research note on Wednesday, April 18th. Finally, UBS Group reaffirmed a “sell” rating on shares of Jupiter Fund Management in a research note on Friday, May 11th.
In related news, insider Edward Bonham Carter sold 42,290 shares of the stock in a transaction on Wednesday, June 13th. The stock was sold at an average price of GBX 471 ($6.10), for a total value of £199,185.90 ($257,845.83). Also, insider Maarten Slendebroek sold 204,697 shares of the stock in a transaction on Wednesday, May 9th. The shares were sold at an average price of GBX 462 ($5.98), for a total value of £945,700.14 ($1,224,207.30).
Jupiter Fund Management (LON:JUP) last announced its earnings results on Friday, July 27th. The company reported GBX 17.10 ($0.22) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 17.20 ($0.22) by GBX (0.10) ($0.00). Jupiter Fund Management had a net margin of 34.27% and a return on equity of 25.18%.
The business also recently declared a dividend, which will be paid on Wednesday, August 29th. Investors of record on Thursday, August 9th will be given a GBX 7.90 ($0.10) dividend. The ex-dividend date is Thursday, August 9th. This represents a dividend yield of 1.84%.
About Jupiter Fund Management
Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.
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