Jupiter Fund Management (LON:JUP – Get Free Report) issued its earnings results on Thursday. The company reported GBX 13.40 ($0.17) EPS for the quarter, Digital Look Earnings reports. Jupiter Fund Management had a negative return on equity of 1.13% and a negative net margin of 2.34%.
Jupiter Fund Management Price Performance
JUP stock traded down GBX 5.30 ($0.07) during trading on Thursday, hitting GBX 75.30 ($0.95). The company had a trading volume of 3,634,505 shares, compared to its average volume of 2,111,501. The company has a current ratio of 1.70, a quick ratio of 1.79 and a debt-to-equity ratio of 11.23. The company has a fifty day moving average price of GBX 81.02 and a two-hundred day moving average price of GBX 82.70. Jupiter Fund Management has a fifty-two week low of GBX 73.40 ($0.93) and a fifty-two week high of GBX 93.95 ($1.19). The company has a market cap of £385.77 million, a P/E ratio of -43.46 and a beta of 1.42.
Analyst Ratings Changes
Separately, Citigroup dropped their price objective on shares of Jupiter Fund Management from GBX 92 ($1.17) to GBX 80 ($1.01) and set a “neutral” rating for the company in a research note on Thursday, January 23rd. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of GBX 89 ($1.13).
Insider Buying and Selling at Jupiter Fund Management
In other news, insider James Macpherson acquired 30,000 shares of the company’s stock in a transaction dated Tuesday, December 17th. The stock was bought at an average price of GBX 83 ($1.05) per share, with a total value of £24,900 ($31,578.95). Company insiders own 25.22% of the company’s stock.
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.
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