Insider Buying: Tatton Asset Management (LON:TAM) Insider Acquires 601 Shares of Stock

Tatton Asset Management plc (LON:TAM) insider Pippa Hamnett purchased 601 shares of the stock in a transaction dated Tuesday, June 16th. The stock was purchased at an average price of GBX 656 per share, with a total value of £3,942.56.

Tatton Asset Management Price Performance

Shares of LON TAM opened at GBX 694 on Wednesday. Tatton Asset Management plc has a twelve month low of GBX 524.41 and a twelve month high of GBX 770. The company has a current ratio of 190.95, a quick ratio of 3.50 and a debt-to-equity ratio of 2.16. The company has a market capitalization of £423.44 million, a price-to-earnings ratio of 25.32, a price-to-earnings-growth ratio of 1.91 and a beta of 0.73. The business has a 50 day simple moving average of GBX 608.96 and a 200-day simple moving average of GBX 632.14.

Tatton Asset Management (LON:TAM) last issued its quarterly earnings results on Tuesday, June 16th. The company reported GBX 36.06 earnings per share for the quarter. Tatton Asset Management had a return on equity of 31.92% and a net margin of 34.46%.The business had revenue of GBX 5,444 million during the quarter. As a group, equities research analysts expect that Tatton Asset Management plc will post 26.0903733 earnings per share for the current year.

Analyst Ratings Changes

Separately, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 875 price target on shares of Tatton Asset Management in a report on Thursday, April 2nd. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 797.50.

Tatton Asset Management Company Profile

Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul’s vision in starting Tatton Asset Management was to create a range of services to power the UK’s leading financial advisers, facilitating expansion and enabling them to better service their clients. Tatton Asset Management offers on-platform only discretionary fund management, regulatory, compliance and business consulting services, as well as a whole of market mortgage provision, to Directly Authorised financial advisers across the UK.