California Public Employees Retirement System Acquires 3,900 Shares of GAIN Capital Holdings, Inc. (GCAP)

California Public Employees Retirement System lifted its holdings in shares of GAIN Capital Holdings, Inc. (NYSE:GCAP) by 2.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 149,700 shares of the financial services provider’s stock after purchasing an additional 3,900 shares during the period. California Public Employees Retirement System owned about 0.31% of GAIN Capital Holdings worth $933,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Principal Financial Group Inc. purchased a new stake in GAIN Capital Holdings during the 2nd quarter valued at $119,000. Martingale Asset Management L P boosted its position in GAIN Capital Holdings by 52.2% during the 2nd quarter. Martingale Asset Management L P now owns 23,020 shares of the financial services provider’s stock valued at $144,000 after buying an additional 7,900 shares during the period. Alpine Woods Capital Investors LLC purchased a new stake in GAIN Capital Holdings during the 2nd quarter valued at $155,000. American International Group Inc. boosted its position in GAIN Capital Holdings by 7.0% during the 1st quarter. American International Group Inc. now owns 22,956 shares of the financial services provider’s stock valued at $191,000 after buying an additional 1,511 shares during the period. Finally, Alliancebernstein L.P. boosted its position in GAIN Capital Holdings by 1.2% during the 1st quarter. Alliancebernstein L.P. now owns 25,100 shares of the financial services provider’s stock valued at $209,000 after buying an additional 300 shares during the period. 52.69% of the stock is currently owned by institutional investors.

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In other GAIN Capital Holdings news, major shareholder Ltd Ipgl purchased 36,675 shares of the stock in a transaction that occurred on Monday, August 21st. The stock was bought at an average cost of $6.25 per share, with a total value of $229,218.75. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Christopher Warren Calhoun sold 5,000 shares of GAIN Capital Holdings stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $7.00, for a total transaction of $35,000.00. Following the transaction, the director now directly owns 23,278 shares of the company’s stock, valued at $162,946. The disclosure for this sale can be found here. Over the last three months, insiders have purchased 200,000 shares of company stock valued at $1,244,594. 5.60% of the stock is currently owned by corporate insiders.

Several equities research analysts have weighed in on GCAP shares. Zacks Investment Research cut shares of GAIN Capital Holdings from a “buy” rating to a “sell” rating in a research report on Tuesday, July 18th. TheStreet cut shares of GAIN Capital Holdings from a “b-” rating to a “c” rating in a research report on Thursday, October 26th. BidaskClub cut shares of GAIN Capital Holdings from a “hold” rating to a “sell” rating in a research report on Monday, October 23rd. Jefferies Group LLC reaffirmed a “buy” rating and issued a $8.50 target price (down from $9.00) on shares of GAIN Capital Holdings in a research report on Friday, August 4th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $7.00 target price on shares of GAIN Capital Holdings in a research report on Friday, October 6th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. GAIN Capital Holdings has a consensus rating of “Hold” and a consensus target price of $7.58.

Shares of GAIN Capital Holdings, Inc. (NYSE:GCAP) opened at $7.25 on Tuesday. GAIN Capital Holdings, Inc. has a 12-month low of $5.56 and a 12-month high of $8.75. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.24 and a quick ratio of 1.24. The company has a market cap of $324.11, a PE ratio of 21.15, a PEG ratio of 9.13 and a beta of 0.28.

GAIN Capital Holdings (NYSE:GCAP) last posted its earnings results on Thursday, October 26th. The financial services provider reported $0.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.06. GAIN Capital Holdings had a net margin of 3.72% and a return on equity of 5.62%. The firm had revenue of $81.30 million during the quarter, compared to analysts’ expectations of $79.86 million. During the same period last year, the company posted ($0.11) EPS. The company’s quarterly revenue was up 12.6% compared to the same quarter last year. research analysts predict that GAIN Capital Holdings, Inc. will post 0.1 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Monday, December 11th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, December 8th. This represents a $0.24 dividend on an annualized basis and a yield of 3.31%. GAIN Capital Holdings’s dividend payout ratio (DPR) is currently 80.00%.

GAIN Capital Holdings 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.

Institutional Ownership by Quarter for GAIN Capital Holdings (NYSE:GCAP)

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