Intermediate Capital Group plc (ICP) Announces GBX 9 Dividend
Intermediate Capital Group plc (LON:ICP) announced a dividend on Tuesday, November 14th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 7th will be given a dividend of GBX 9 ($0.12) per share on Friday, January 12th. This represents a dividend yield of 0.86%. The ex-dividend date of this dividend is Thursday, December 7th. The official announcement can be seen at this link.
Intermediate Capital Group (LON ICP) traded down GBX 22 ($0.29) during midday trading on Friday, hitting GBX 1,043 ($13.97). 606,398 shares of the stock were exchanged, compared to its average volume of 776,943. Intermediate Capital Group has a 12 month low of GBX 659 ($8.83) and a 12 month high of GBX 1,080 ($14.46).
Intermediate Capital Group (LON:ICP) last posted its quarterly earnings data on Tuesday, November 14th. The company reported GBX 28.30 ($0.38) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 24.80 ($0.33) by GBX 3.50 ($0.05). Intermediate Capital Group had a net margin of 33.29% and a return on equity of 19.31%. The company had revenue of £285.10 million for the quarter.
In other Intermediate Capital Group news, insider Philip Keller sold 130,000 shares of Intermediate Capital Group stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of GBX 1,007 ($13.49), for a total transaction of £1,309,100 ($1,753,180.66). Also, insider Peter J. Gibbs acquired 30,000 shares of Intermediate Capital Group stock in a transaction on Friday, September 15th. The shares were bought at an average cost of GBX 842 ($11.28) per share, with a total value of £252,600 ($338,288.47).
Several equities analysts recently weighed in on ICP shares. Shore Capital reissued a “sell” rating on shares of Intermediate Capital Group in a research note on Tuesday, November 14th. Numis Securities raised shares of Intermediate Capital Group to an “add” rating and set a GBX 967 ($12.95) target price for the company in a research note on Wednesday, September 20th. Liberum Capital reissued a “buy” rating and issued a GBX 1,010 ($13.53) target price on shares of Intermediate Capital Group in a research note on Tuesday, November 14th. reissued an “add” rating and issued a GBX 967 ($12.95) target price on shares of Intermediate Capital Group in a research note on Tuesday, November 14th. Finally, J P Morgan Chase & Co raised their target price on shares of Intermediate Capital Group from GBX 950 ($12.72) to GBX 1,100 ($14.73) and gave the company an “overweight” rating in a research note on Wednesday, November 15th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 975.22 ($13.06).
About Intermediate Capital Group
Intermediate Capital Group plc is a specialist asset manager. The Company is the fund management company (FMC) and the investment company (IC). Its funds invest across four asset categories, providing finance for corporate investments, including private debt and minority equity; capital market investments of public and private debt; real assets, principally real estate debt, and private equity secondaries funds.
Receive News & Ratings for Intermediate Capital Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intermediate Capital Group plc and related companies with Analyst Ratings Network's FREE daily email newsletter.