Jupiter Fund Management Plc Declares Dividend of GBX 2.20 (LON:JUP)

Jupiter Fund Management Plc (LON:JUP) declared a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 17th will be given a dividend of GBX 2.20 ($0.03) per share on Tuesday, May 20th. This represents a yield of 2.9%. The ex-dividend date of this dividend is Thursday, April 17th. The official announcement can be seen at this link.

Jupiter Fund Management Stock Up 0.7 %

Shares of LON:JUP opened at GBX 73.10 ($0.96) on Tuesday. The company has a quick ratio of 1.79, a current ratio of 1.70 and a debt-to-equity ratio of 11.23. The company has a market capitalization of £374.49 million, a P/E ratio of -42.19 and a beta of 1.42. Jupiter Fund Management has a 52-week low of GBX 64.70 ($0.85) and a 52-week high of GBX 91.30 ($1.20). The stock’s fifty day simple moving average is GBX 75.60 and its 200-day simple moving average is GBX 80.23.

Jupiter Fund Management (LON:JUP) last announced its earnings results on Thursday, February 27th. The company reported GBX 13.40 ($0.18) earnings per share for the quarter. Jupiter Fund Management had a negative net margin of 2.34% and a negative return on equity of 1.13%. As a group, equities research analysts forecast that Jupiter Fund Management will post 8.5093781 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Citigroup decreased their target price on shares of Jupiter Fund Management from GBX 92 ($1.21) to GBX 80 ($1.05) and set a “neutral” rating on the stock in a research report on Thursday, January 23rd.

Insider Activity at Jupiter Fund Management

In related news, insider Dale Jane Murray bought 33,000 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average cost of GBX 75 ($0.99) per share, for a total transaction of £24,750 ($32,634.49). Also, insider David Cruickshank purchased 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The shares were bought at an average cost of GBX 74 ($0.98) per share, with a total value of £74,000 ($97,573.84). Insiders own 25.22% of the company’s stock.

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.