Jupiter Fund Management (LON:JUP) Releases Quarterly Earnings Results

Jupiter Fund Management (LON:JUP) posted its quarterly earnings data on Thursday. The company reported GBX 13.40 ($0.17) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Jupiter Fund Management had a negative net margin of 2.34% and a negative return on equity of 1.13%.

Jupiter Fund Management Stock Performance

LON JUP traded down GBX 5.30 ($0.07) on Thursday, hitting GBX 75.30 ($0.95). The stock had a trading volume of 3,634,505 shares, compared to its average volume of 2,111,501. The company’s 50-day moving average is GBX 81.02 and its two-hundred day moving average is GBX 82.70. The stock has a market cap of £385.77 million, a price-to-earnings ratio of -43.46 and a beta of 1.42. The company has a quick ratio of 1.79, a current ratio of 1.70 and a debt-to-equity ratio of 11.23. Jupiter Fund Management has a one year low of GBX 73.40 ($0.93) and a one year high of GBX 93.95 ($1.19).

Insider Transactions at Jupiter Fund Management

In related news, insider James Macpherson acquired 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average cost of GBX 83 ($1.05) per share, for a total transaction of £24,900 ($31,578.95). Insiders own 25.22% of the company’s stock.

Analyst Ratings Changes

Separately, Citigroup reduced their price target on Jupiter Fund Management from GBX 92 ($1.17) to GBX 80 ($1.01) and set a “neutral” rating for the company in a report on Thursday, January 23rd. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat, Jupiter Fund Management currently has a consensus rating of “Hold” and a consensus target price of GBX 89 ($1.13).

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.