Jupiter Fund Management Plc (LON:JUP) Insider David Cruickshank Purchases 100,000 Shares of Stock

Jupiter Fund Management Plc (LON:JUP) insider David Cruickshank acquired 100,000 shares of the stock in a transaction on Tuesday, March 4th. The stock was bought at an average price of GBX 74 ($0.95) per share, with a total value of £74,000 ($95,385.41).

Jupiter Fund Management Stock Up 3.4 %

Shares of LON:JUP opened at GBX 76.70 ($0.99) on Thursday. Jupiter Fund Management Plc has a 1 year low of GBX 72.70 ($0.94) and a 1 year high of GBX 93.95 ($1.21). The company has a debt-to-equity ratio of 11.23, a current ratio of 1.70 and a quick ratio of 1.79. The stock’s 50-day moving average is GBX 79.97 and its 200 day moving average is GBX 82.48. The company has a market cap of £392.94 million, a PE ratio of -44.26 and a beta of 1.42.

Jupiter Fund Management (LON:JUP) last announced its earnings results on Thursday, February 27th. The company reported GBX 13.40 ($0.17) EPS for the quarter. Jupiter Fund Management had a negative return on equity of 1.13% and a negative net margin of 2.34%. Sell-side analysts anticipate that Jupiter Fund Management Plc will post 8.5093781 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Citigroup decreased their target price on shares of Jupiter Fund Management from GBX 92 ($1.19) to GBX 80 ($1.03) and set a “neutral” rating on the stock in a research note on Thursday, January 23rd. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of GBX 89 ($1.15).

Jupiter Fund Management Company Profile

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.