Polar Capital Holdings plc (POLR) To Go Ex-Dividend on July 4th

Polar Capital Holdings plc (LON:POLR) declared a dividend on Thursday, June 27th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 4th will be given a dividend of GBX 32 ($0.41) per share on Friday, August 2nd. This represents a dividend yield of 5.91%. The ex-dividend date of this dividend is Thursday, July 4th. This is an increase from Polar Capital’s previous dividend of $14.00. The official announcement can be viewed at this link.

Polar Capital Trading Up 0.9 %

LON POLR opened at GBX 562 ($7.13) on Friday. The company’s fifty day simple moving average is GBX 548.46 and its 200-day simple moving average is GBX 485.67. Polar Capital has a 52 week low of GBX 385 ($4.88) and a 52 week high of GBX 599 ($7.60). The company has a current ratio of 2.60, a quick ratio of 2.45 and a debt-to-equity ratio of 6.96. The stock has a market cap of £570.71 million, a P/E ratio of 1,605.71, a PEG ratio of 0.79 and a beta of 1.17.

Insider Activity at Polar Capital

In related news, insider Gavin Rochussen purchased 18,359 shares of the business’s stock in a transaction that occurred on Tuesday, May 14th. The shares were purchased at an average cost of GBX 550 ($6.98) per share, with a total value of £100,974.50 ($128,091.46). 16.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on POLR. Numis Securities reissued an “add” rating and set a GBX 515 ($6.53) target price on shares of Polar Capital in a research report on Thursday, April 11th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Polar Capital from GBX 500 ($6.34) to GBX 535 ($6.79) and gave the stock a “hold” rating in a research report on Tuesday, June 4th.

Polar Capital Company Profile