Jupiter Fund Management Plc (LON:JUP) Insider Purchases £24,750 in Stock

Jupiter Fund Management Plc (LON:JUP) insider Dale Jane Murray acquired 33,000 shares of the firm’s stock in a transaction on Friday, February 28th. The shares were acquired at an average price of GBX 75 ($0.97) per share, with a total value of £24,750 ($31,902.55).

Jupiter Fund Management Trading Up 3.4 %

Shares of LON:JUP opened at GBX 76.70 ($0.99) on Thursday. The business’s 50 day moving average price is GBX 79.97 and its 200-day moving average price is GBX 82.48. Jupiter Fund Management Plc has a 1 year low of GBX 72.70 ($0.94) and a 1 year high of GBX 93.95 ($1.21). The firm has a market capitalization of £392.94 million, a price-to-earnings ratio of -44.26 and a beta of 1.42. The company has a debt-to-equity ratio of 11.23, a current ratio of 1.70 and a quick ratio of 1.79.

Jupiter Fund Management (LON:JUP) last released its earnings results on Thursday, February 27th. The company reported GBX 13.40 ($0.17) earnings per share for the quarter. Jupiter Fund Management had a negative return on equity of 1.13% and a negative net margin of 2.34%. On average, equities research analysts forecast that Jupiter Fund Management Plc will post 8.5093781 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Citigroup reduced their price target on Jupiter Fund Management from GBX 92 ($1.19) to GBX 80 ($1.03) and set a “neutral” rating for the company in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to data from MarketBeat, Jupiter Fund Management currently has a consensus rating of “Hold” and an average target price of GBX 89 ($1.15).

Jupiter Fund Management Company Profile

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.