Nicolas Breteau Sells 362,282 Shares of TP ICAP Group PLC (LON:TCAP) Stock

TP ICAP Group PLC (LON:TCAPGet Free Report) insider Nicolas Breteau sold 362,282 shares of the firm’s stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of GBX 261 ($3.51), for a total value of £945,556.02 ($1,272,276.67).

Nicolas Breteau also recently made the following trade(s):

  • On Tuesday, April 1st, Nicolas Breteau sold 52,349 shares of TP ICAP Group stock. The shares were sold at an average price of GBX 257 ($3.46), for a total value of £134,536.93 ($181,023.86).

TP ICAP Group Stock Performance

Shares of TCAP stock opened at GBX 262.50 ($3.53) on Friday. TP ICAP Group PLC has a 1 year low of GBX 197 ($2.65) and a 1 year high of GBX 281.43 ($3.79). The stock has a market cap of £1.98 billion, a PE ratio of 20.38, a price-to-earnings-growth ratio of 0.49 and a beta of 0.65. The business’s fifty day moving average is GBX 254.50 and its 200-day moving average is GBX 260.41.

TP ICAP Group (LON:TCAPGet Free Report) last issued its quarterly earnings results on Wednesday, March 12th. The company reported GBX 31.80 ($0.43) earnings per share (EPS) for the quarter. TP ICAP Group had a return on equity of 4.82% and a net margin of 4.54%. Equities research analysts predict that TP ICAP Group PLC will post 31.0273973 earnings per share for the current year.

TP ICAP Group Increases Dividend

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

TP ICAP Group announced that its board has authorized a stock repurchase program on Tuesday, March 11th that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of TP ICAP Group in a research report on Thursday, March 20th.

Check Out Our Latest Stock Analysis on TCAP

TP ICAP Group Company Profile

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