TheStreet downgraded shares of GAIN Capital Holdings, Inc. (NYSE:GCAP) from a b- rating to a c rating in a report published on Thursday.

A number of other research firms also recently issued reports on GCAP. Jefferies Group LLC restated a buy rating and set a $8.50 target price (down from $9.00) on shares of GAIN Capital Holdings in a research report on Friday, August 4th. Keefe, Bruyette & Woods restated a hold rating and set a $7.00 target price on shares of GAIN Capital Holdings in a research report on Friday, October 6th. Zacks Investment Research downgraded shares of GAIN Capital Holdings from a buy rating to a sell rating in a research report on Tuesday, July 18th. Finally, BidaskClub downgraded shares of GAIN Capital Holdings from a buy rating to a hold rating in a research report on Tuesday, August 22nd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of $7.58.

Shares of GAIN Capital Holdings (GCAP) traded up 19.71% during trading on Thursday, hitting $7.35. 3,201,280 shares of the stock traded hands. The company has a 50 day moving average of $6.41 and a 200-day moving average of $6.42. The company has a market cap of $347.22 million, a PE ratio of 32.24 and a beta of 0.30. GAIN Capital Holdings has a 1-year low of $4.54 and a 1-year high of $8.75.

GAIN Capital Holdings (NYSE:GCAP) last released its earnings results on Thursday, October 26th. The financial services provider reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.06. GAIN Capital Holdings had a net margin of 3.72% and a return on equity of 5.63%. The company had revenue of $81.30 million for the quarter, compared to the consensus estimate of $79.86 million. During the same period in the prior year, the company posted ($0.11) EPS. The company’s revenue was up 12.6% compared to the same quarter last year. On average, equities analysts anticipate that GAIN Capital Holdings will post $0.02 EPS for the current fiscal year.

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The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Monday, December 11th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, December 8th. This represents a $0.24 dividend on an annualized basis and a yield of 3.27%. GAIN Capital Holdings’s payout ratio is presently 80.00%.

In other news, major shareholder Ltd Ipgl purchased 71,306 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The shares were acquired at an average cost of $6.20 per share, for a total transaction of $442,097.20. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Christopher Warren Calhoun sold 15,000 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $7.00, for a total transaction of $105,000.00. Following the completion of the sale, the director now owns 40,149 shares in the company, valued at $281,043. The disclosure for this sale can be found here. Over the last 90 days, insiders have acquired 200,000 shares of company stock worth $1,244,594. Corporate insiders own 5.00% of the company’s stock.

Several large investors have recently made changes to their positions in the stock. Alliancebernstein L.P. raised its position in shares of GAIN Capital Holdings by 1.2% in the 1st quarter. Alliancebernstein L.P. now owns 25,100 shares of the financial services provider’s stock valued at $209,000 after acquiring an additional 300 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of GAIN Capital Holdings by 4.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 31,792 shares of the financial services provider’s stock valued at $198,000 after acquiring an additional 1,238 shares during the period. American International Group Inc. raised its position in shares of GAIN Capital Holdings by 7.0% in the 1st quarter. American International Group Inc. now owns 22,956 shares of the financial services provider’s stock valued at $191,000 after acquiring an additional 1,511 shares during the period. TIAA CREF Investment Management LLC raised its position in shares of GAIN Capital Holdings by 2.2% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 97,677 shares of the financial services provider’s stock valued at $609,000 after acquiring an additional 2,095 shares during the period. Finally, Metropolitan Life Insurance Co. NY raised its position in shares of GAIN Capital Holdings by 14.8% in the 1st quarter. Metropolitan Life Insurance Co. NY now owns 28,588 shares of the financial services provider’s stock valued at $238,000 after acquiring an additional 3,689 shares during the period. Institutional investors and hedge funds own 53.30% of the company’s stock.

GAIN Capital Holdings Company Profile

GAIN Capital Holdings, Inc (GAIN) is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company’s segments include Retail segment, Institutional segment and Futures segment. Through its retail segment, the Company provides its retail customers across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex.

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