Insider Selling: Intermediate Capital Group plc (LON:ICP) Insider Sells 7,121 Shares of Stock

Intermediate Capital Group plc (LON:ICP – Get Rating) insider Antje Hensel-Roth sold 7,121 shares of Intermediate Capital Group stock in a transaction that occurred on Wednesday, June 1st. The shares were sold at an average price of GBX 1,541 ($19.50), for a total transaction of £109,734.61 ($138,834.27).

Shares of LON ICP opened at GBX 1,591.50 ($20.14) on Monday. Intermediate Capital Group plc has a twelve month low of GBX 1,285 ($16.26) and a twelve month high of GBX 2,493 ($31.54). The firm has a fifty day simple moving average of GBX 1,571.28 and a 200 day simple moving average of GBX 1,805.62. The company has a market capitalization of £4.56 billion and a PE ratio of 8.51. The company has a quick ratio of 1.59, a current ratio of 1.88 and a debt-to-equity ratio of 93.34.

The company also recently announced a dividend, which will be paid on Friday, August 5th. Investors of record on Thursday, June 16th will be paid a dividend of GBX 57.30 ($0.72) per share. This represents a yield of 3.93%. The ex-dividend date is Thursday, June 16th. This is an increase from Intermediate Capital Group’s previous dividend of $18.70. Intermediate Capital Group’s dividend payout ratio (DPR) is currently 0.32%.

ICP has been the topic of a number of research analyst reports. Royal Bank of Canada cut their target price on shares of Intermediate Capital Group from GBX 2,885 ($36.50) to GBX 2,700 ($34.16) and set an “overweight” rating on the stock in a research report on Monday, May 30th. Shore Capital reiterated a “hold” rating on shares of Intermediate Capital Group in a report on Thursday, May 26th. Finally, Barclays reiterated an “overweight” rating and set a GBX 2,545 ($32.20) price target on shares of Intermediate Capital Group in a report on Monday, May 23rd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 2,666 ($33.73).

About Intermediate Capital Group (Get Rating)

Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted company finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.

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