Jupiter Fund Management Plc (LON:JUP) Insider Dale Jane Murray Buys 33,000 Shares of Stock

Jupiter Fund Management Plc (LON:JUP) insider Dale Jane Murray bought 33,000 shares of the firm’s stock in a transaction dated Friday, February 28th. The stock was purchased at an average cost of GBX 75 ($0.95) per share, with a total value of £24,750 ($31,452.54).

Jupiter Fund Management Stock Up 1.8 %

Shares of LON:JUP opened at GBX 74.70 ($0.95) on Tuesday. The company has a debt-to-equity ratio of 11.23, a quick ratio of 1.79 and a current ratio of 1.70. The firm has a market capitalization of £382.69 million, a P/E ratio of -43.11 and a beta of 1.42. The stock has a 50 day moving average price of GBX 80.41 and a 200-day moving average price of GBX 82.59. Jupiter Fund Management Plc has a 52-week low of GBX 72.80 ($0.93) and a 52-week high of GBX 93.95 ($1.19).

Jupiter Fund Management (LON:JUP) last posted its quarterly earnings results on Thursday, February 27th. The company reported GBX 13.40 ($0.17) earnings per share for the quarter. Jupiter Fund Management had a negative return on equity of 1.13% and a negative net margin of 2.34%. As a group, equities research analysts anticipate that Jupiter Fund Management Plc will post 8.5093781 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Citigroup decreased their target price on Jupiter Fund Management from GBX 92 ($1.17) to GBX 80 ($1.02) and set a “neutral” rating for the company in a research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to data from MarketBeat, Jupiter Fund Management presently has a consensus rating of “Hold” and an average target price of GBX 89 ($1.13).

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.