TP ICAP Group PLC (LON:TCAP) Insider Nicolas Breteau Sells 52,349 Shares

Posted by Anthony Miller on Apr 3rd, 2025

TP ICAP Group PLC (LON:TCAP – Get Free Report) insider Nicolas Breteau sold 52,349 shares of TP ICAP Group stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of GBX 257 ($3.34), for a total value of £134,536.93 ($174,700.60).

TP ICAP Group Trading Down 2.7 %

TCAP traded down GBX 7 ($0.09) on Thursday, reaching GBX 253 ($3.29). The stock had a trading volume of 9,268,202 shares, compared to its average volume of 4,101,666. The company has a market capitalization of £1.91 billion, a price-to-earnings ratio of 19.65, a price-to-earnings-growth ratio of 0.49 and a beta of 0.65. TP ICAP Group PLC has a fifty-two week low of GBX 192 ($2.49) and a fifty-two week high of GBX 281 ($3.65). The firm has a 50-day moving average of GBX 265.52 and a 200-day moving average of GBX 255.

TP ICAP Group (LON:TCAP – Get Free Report) last posted its quarterly earnings data on Wednesday, March 12th. The company reported GBX 31.80 ($0.41) earnings per share for the quarter. TP ICAP Group had a return on equity of 4.82% and a net margin of 4.54%. Sell-side analysts anticipate that TP ICAP Group PLC will post 31.0273973 EPS for the current fiscal year.

TP ICAP Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 11.30 ($0.15) per share. This represents a dividend yield of 4.28%. This is an increase from TP ICAP Group’s previous dividend of $4.80. The ex-dividend date of this dividend is Thursday, April 10th. TP ICAP Group’s dividend payout ratio (DPR) is 116.48%.

TP ICAP Group announced that its Board of Directors has approved a stock buyback plan on Tuesday, March 11th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.