Jupiter Fund Management PLC (LON:JUP) has received an average recommendation of “Hold” from the eleven analysts that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 375 ($4.90).

Several equities research analysts recently weighed in on the company. Peel Hunt restated a “hold” rating on shares of Jupiter Fund Management in a report on Tuesday, January 22nd. UBS Group boosted their target price on Jupiter Fund Management from GBX 280 ($3.66) to GBX 300 ($3.92) and gave the stock a “sell” rating in a report on Thursday, March 28th. Jefferies Financial Group reduced their target price on Jupiter Fund Management from GBX 480 ($6.27) to GBX 369 ($4.82) and set a “hold” rating for the company in a report on Tuesday, April 9th. Numis Securities restated a “hold” rating and issued a GBX 310 ($4.05) target price on shares of Jupiter Fund Management in a report on Friday, February 8th. Finally, JPMorgan Chase & Co. reduced their target price on Jupiter Fund Management from GBX 360 ($4.70) to GBX 325 ($4.25) and set a “neutral” rating for the company in a report on Friday, January 11th.

In other news, insider Charlotte Jones sold 19,202 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of GBX 361 ($4.72), for a total transaction of £69,319.22 ($90,577.84). Also, insider Andrew Formica purchased 18,255 shares of the business’s stock in a transaction dated Friday, March 15th. The shares were acquired at an average price of GBX 352 ($4.60) per share, with a total value of £64,257.60 ($83,963.94).

Shares of Jupiter Fund Management stock traded up GBX 7.40 ($0.10) during trading on Monday, hitting GBX 389 ($5.08). 1,551,234 shares of the stock traded hands, compared to its average volume of 2,620,000. The firm has a market cap of $1.73 billion and a price-to-earnings ratio of 12.51. Jupiter Fund Management has a twelve month low of GBX 274.10 ($3.58) and a twelve month high of GBX 490.70 ($6.41).

The firm also recently declared a dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 14th were issued a dividend of GBX 20.60 ($0.27) per share. The ex-dividend date was Thursday, March 14th. This is a positive change from Jupiter Fund Management’s previous dividend of $7.90. This represents a dividend yield of 5.68%. Jupiter Fund Management’s payout ratio is 0.55%.

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.

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Analyst Recommendations for Jupiter Fund Management (LON:JUP)

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