Pippa Hamnett Buys 732 Shares of Tatton Asset Management (LON:TAM) Stock

Tatton Asset Management plc (LON:TAM) insider Pippa Hamnett purchased 732 shares of Tatton Asset Management stock in a transaction dated Friday, November 28th. The shares were bought at an average cost of GBX 694 per share, for a total transaction of £5,080.08.

Pippa Hamnett also recently made the following trade(s):

• On Friday, November 28th, Pippa Hamnett acquired 703 shares of Tatton Asset Management stock. The stock was purchased at an average cost of GBX 696 per share, with a total value of £4,892.88.

Tatton Asset Management Stock Up 1.2%

LON TAM traded up GBX 8 on Friday, hitting GBX 700. 26,668 shares of the stock traded hands, compared to its average volume of 92,885. The company has a current ratio of 3.71, a quick ratio of 3.50 and a debt-to-equity ratio of 1.52. The stock has a 50-day moving average of GBX 716.92 and a 200 day moving average of GBX 694.77. Tatton Asset Management plc has a twelve month low of GBX 546 and a twelve month high of GBX 770. The company has a market capitalization of £425.80 million, a P/E ratio of 26.71, a price-to-earnings-growth ratio of 1.91 and a beta of 1.03.

Tatton Asset Management (LON:TAM) last announced its quarterly earnings data on Tuesday, November 18th. The company reported GBX 16.77 earnings per share (EPS) for the quarter. Tatton Asset Management had a return on equity of 31.98% and a net margin of 36.32%. As a group, analysts expect that Tatton Asset Management plc will post 26.0903733 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Peel Hunt reaffirmed an “add” rating and issued a GBX 720 target price on shares of Tatton Asset Management in a research report on Tuesday, November 18th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 720.

Tatton Asset Management Company Profile

Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul’s vision in starting Tatton Asset Management was to create a range of services to power the UK’s leading financial advisers, facilitating expansion and enabling them to better service their clients.