Paul Edwards Sells 5,000 Shares of Tatton Asset Management plc (LON:TAM) Stock

Tatton Asset Management plc (LON:TAM) insider Paul Edwards sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of GBX 680 ($8.37), for a total value of £34,000 ($41,856.46).

Tatton Asset Management Trading Up 1.8 %

TAM stock opened at GBX 670 ($8.25) on Thursday. The company has a market capitalization of £401.00 million, a PE ratio of 3,190.48, a price-to-earnings-growth ratio of 1.91 and a beta of 1.03. The company has a debt-to-equity ratio of 2.83, a quick ratio of 3.50 and a current ratio of 3.70. Tatton Asset Management plc has a one year low of GBX 512 ($6.30) and a one year high of GBX 740 ($9.11). The company’s 50 day moving average price is GBX 690.04 and its two-hundred day moving average price is GBX 691.48.

Tatton Asset Management (LON:TAM) last issued its earnings results on Wednesday, November 13th. The company reported GBX 14.29 ($0.18) EPS for the quarter. Tatton Asset Management had a net margin of 36.46% and a return on equity of 30.36%. As a group, analysts predict that Tatton Asset Management plc will post 26.0903733 earnings per share for the current fiscal year.

Tatton Asset Management Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 21st were paid a GBX 9.50 ($0.12) dividend. This represents a dividend yield of 1.34%. The ex-dividend date was Thursday, November 21st. This is a positive change from Tatton Asset Management’s previous dividend of $8.00. Tatton Asset Management’s payout ratio is 7,619.05%.

Tatton Asset Management Company Profile

Tatton Asset Management plc provides fund management, compliance consultancy, and technical support services to independent financial advisers in the United Kingdom. The company operates through two segments, Tatton and Paradigm. It also offers investment management, mortgage adviser support, and mortgage and insurance product distribution services.