Jupiter Fund Management Plc (JUP) To Go Ex-Dividend on April 17th

Jupiter Fund Management Plc (LON:JUP) announced a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Investors of record on Thursday, April 17th will be paid a dividend of GBX 2.20 ($0.03) per share on Tuesday, May 20th. This represents a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, April 17th. The official announcement can be seen at this link.

Jupiter Fund Management Trading Up 1.0 %

Shares of LON:JUP opened at GBX 73.30 ($0.97) on Tuesday. The stock’s 50-day simple moving average is GBX 75.60 and its two-hundred day simple moving average is GBX 80.23. The stock has a market capitalization of £375.52 million, a price-to-earnings ratio of -42.30 and a beta of 1.42. Jupiter Fund Management has a 52-week low of GBX 64.70 ($0.85) and a 52-week high of GBX 91.30 ($1.20). The company has a debt-to-equity ratio of 11.23, a quick ratio of 1.79 and a current ratio of 1.70.

Jupiter Fund Management (LON:JUP) last announced its earnings results on Thursday, February 27th. The company reported GBX 13.40 ($0.18) earnings per share (EPS) for the quarter. Jupiter Fund Management had a negative net margin of 2.34% and a negative return on equity of 1.13%. Analysts expect that Jupiter Fund Management will post 8.5093781 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Citigroup lowered their target price on Jupiter Fund Management from GBX 92 ($1.21) to GBX 80 ($1.05) and set a “neutral” rating on the stock in a research report on Thursday, January 23rd.

Insider Activity at Jupiter Fund Management

In related news, insider David Cruickshank bought 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average cost of GBX 74 ($0.98) per share, with a total value of £74,000 ($97,573.84). Also, insider Dale Jane Murray purchased 33,000 shares of Jupiter Fund Management stock in a transaction on Friday, February 28th. The stock was bought at an average price of GBX 75 ($0.99) per share, for a total transaction of £24,750 ($32,634.49). 25.22% of the stock is owned by corporate insiders.

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.