Jupiter Fund Management (LON:JUP) Insider Sells £773,950.10 in Stock

Jupiter Fund Management Plc (LON:JUP) insider Matthew Beesley sold 447,370 shares of the stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of GBX 173, for a total value of £773,950.10.

Jupiter Fund Management Trading Up 0.4%

Shares of JUP stock opened at GBX 169.12 on Friday. The firm’s 50-day simple moving average is GBX 163.77 and its 200-day simple moving average is GBX 164.03. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.58 and a quick ratio of 1.79. The firm has a market cap of £847.54 million, a P/E ratio of 9.14 and a beta of 1.30. Jupiter Fund Management Plc has a 1-year low of GBX 137.20 and a 1-year high of GBX 214.50.

Jupiter Fund Management (LON:JUP) last posted its quarterly earnings data on Thursday, July 23rd. The company reported GBX 7.20 EPS for the quarter. Jupiter Fund Management had a net margin of 19.32% and a return on equity of 11.59%. As a group, equities analysts forecast that Jupiter Fund Management Plc will post 8.5093781 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on JUP. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Jupiter Fund Management from GBX 180 to GBX 185 and gave the stock a “hold” rating in a report on Friday, September 4th. Berenberg Bank reiterated a “buy” rating and issued a GBX 187 target price on shares of Jupiter Fund Management in a research note on Tuesday, August 25th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 176.

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. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.