Ltd Ipgl Acquires 71,306 Shares of GAIN Capital Holdings, Inc. (GCAP) Stock

GAIN Capital Holdings, Inc. (NYSE:GCAP) major shareholder Ltd Ipgl acquired 71,306 shares of GAIN Capital Holdings stock in a transaction dated Thursday, September 7th. The shares were purchased at an average cost of $6.20 per share, with a total value of $442,097.20. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Ltd Ipgl also recently made the following trade(s):

  • On Tuesday, September 5th, Ltd Ipgl acquired 92,019 shares of GAIN Capital Holdings stock. The shares were purchased at an average cost of $6.23 per share, with a total value of $573,278.37.
  • On Monday, August 21st, Ltd Ipgl acquired 36,675 shares of GAIN Capital Holdings stock. The shares were purchased at an average cost of $6.25 per share, with a total value of $229,218.75.

GAIN Capital Holdings, Inc. (NYSE GCAP) opened at 6.50 on Wednesday. The firm has a market capitalization of $307.07 million, a PE ratio of 28.51 and a beta of 0.33. The company’s 50-day moving average price is $6.58 and its 200 day moving average price is $6.82. GAIN Capital Holdings, Inc. has a 12 month low of $4.54 and a 12 month high of $8.75.

GAIN Capital Holdings (NYSE:GCAP) last released its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.25. The business had revenue of $98.10 million during the quarter, compared to the consensus estimate of $98.70 million. GAIN Capital Holdings had a return on equity of 2.85% and a net margin of 3.21%. The company’s quarterly revenue was down 9.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.27 EPS. On average, equities research analysts predict that GAIN Capital Holdings, Inc. will post $0.19 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 19th. Shareholders of record on Tuesday, September 12th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, September 11th. This represents a $0.24 dividend on an annualized basis and a yield of 3.69%. GAIN Capital Holdings’s dividend payout ratio (DPR) is currently 104.35%.

GAIN Capital Holdings declared that its board has initiated a share repurchase plan on Wednesday, May 17th that authorizes the company to buyback $35.00 million in shares. This buyback authorization authorizes the financial services provider to buy up to 12.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its shares are undervalued.

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A number of hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its stake in GAIN Capital Holdings by 0.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,169,088 shares of the financial services provider’s stock valued at $13,513,000 after purchasing an additional 7,814 shares during the last quarter. Luzich Partners LLC boosted its stake in shares of GAIN Capital Holdings by 14.8% in the 2nd quarter. Luzich Partners LLC now owns 1,415,878 shares of the financial services provider’s stock worth $8,821,000 after buying an additional 182,030 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of GAIN Capital Holdings by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 1,290,814 shares of the financial services provider’s stock worth $8,041,000 after buying an additional 16,952 shares during the last quarter. Northern Trust Corp boosted its stake in shares of GAIN Capital Holdings by 61.8% in the 2nd quarter. Northern Trust Corp now owns 1,003,141 shares of the financial services provider’s stock worth $6,249,000 after buying an additional 383,185 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of GAIN Capital Holdings by 7.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 886,638 shares of the financial services provider’s stock worth $5,523,000 after buying an additional 62,400 shares during the last quarter. Institutional investors and hedge funds own 53.55% of the company’s stock.

Several research analysts recently commented on the company. Zacks Investment Research cut GAIN Capital Holdings from a “buy” rating to a “sell” rating in a research report on Tuesday, July 18th. BidaskClub cut GAIN Capital Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. TheStreet raised GAIN Capital Holdings from a “c” rating to a “b-” rating in a research report on Monday, August 7th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $8.50 price target (down from $9.00) on shares of GAIN Capital Holdings in a research report on Friday, August 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. GAIN Capital Holdings presently has an average rating of “Hold” and a consensus target price of $7.58.

GAIN Capital Holdings Company Profile

GAIN Capital Holdings, Inc (GAIN) is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company’s segments include Retail segment, Institutional segment and Futures segment. Through its retail segment, the Company provides its retail customers across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex.

Insider Buying and Selling by Quarter for GAIN Capital Holdings (NYSE:GCAP)

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