LSV Asset Management Has $2.56 Million Position in Gain Capital Holdings Inc (GCAP)

LSV Asset Management boosted its stake in shares of Gain Capital Holdings Inc (NYSE:GCAP) by 6.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 415,384 shares of the financial services provider’s stock after buying an additional 25,100 shares during the quarter. LSV Asset Management’s holdings in Gain Capital were worth $2,558,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. bought a new position in shares of Gain Capital during the fourth quarter valued at approximately $352,000. Hartford Investment Management Co. purchased a new stake in shares of Gain Capital in the fourth quarter valued at approximately $144,000. Janney Montgomery Scott LLC purchased a new stake in shares of Gain Capital in the fourth quarter valued at approximately $452,000. Rhumbline Advisers boosted its holdings in shares of Gain Capital by 39.3% in the fourth quarter. Rhumbline Advisers now owns 38,821 shares of the financial services provider’s stock valued at $239,000 after purchasing an additional 10,950 shares during the period. Finally, Vanguard Group Inc boosted its holdings in shares of Gain Capital by 21.9% in the third quarter. Vanguard Group Inc now owns 1,497,918 shares of the financial services provider’s stock valued at $9,736,000 after purchasing an additional 268,989 shares during the period. Institutional investors own 46.38% of the company’s stock.

Shares of NYSE GCAP opened at $7.24 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $320.15 million, a P/E ratio of -36.20, a PEG ratio of 1.40 and a beta of 0.56. Gain Capital Holdings Inc has a 52-week low of $5.68 and a 52-week high of $8.50.

A number of brokerages recently issued reports on GCAP. Zacks Investment Research upgraded Gain Capital from a “hold” rating to a “buy” rating and set a $8.50 price target for the company in a report on Friday, October 26th. ValuEngine upgraded Gain Capital from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Finally, TheStreet upgraded Gain Capital from a “c” rating to a “b-” rating in a report on Friday, October 26th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $8.44.

In other Gain Capital news, General Counsel Diego Rotsztain sold 39,250 shares of the company’s stock in a transaction on Tuesday, December 11th. The stock was sold at an average price of $7.34, for a total transaction of $288,095.00. Following the completion of the sale, the general counsel now owns 148,363 shares in the company, valued at $1,088,984.42. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Christopher Warren Calhoun sold 25,000 shares of the company’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 of the company’s stock, valued at approximately $266,601.60. The disclosure for this sale can be found here. 6.40% of the stock is currently owned by insiders.

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About Gain Capital

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

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