Tatton Asset Management (LON:TAM) Insider Paul Hogarth Sells 100,000 Shares

Tatton Asset Management plc (LON:TAM) insider Paul Hogarth sold 100,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of GBX 700, for a total transaction of £700,000.

Tatton Asset Management Trading Up 0.9%

LON TAM opened at GBX 690 on Friday. The company has a quick ratio of 3.50, a current ratio of 3.71 and a debt-to-equity ratio of 1.52. The firm has a market cap of £421.00 million, a PE ratio of 25.17, a price-to-earnings-growth ratio of 1.91 and a beta of 1.03. The company has a 50 day moving average price of GBX 672.61 and a 200 day moving average price of GBX 702.82. Tatton Asset Management plc has a 52 week low of GBX 546 and a 52 week high of GBX 770.

Tatton Asset Management (LON:TAM) last announced its earnings results on Tuesday, November 18th. The company reported GBX 16.77 earnings per share for the quarter. Tatton Asset Management had a net margin of 36.32% and a return on equity of 31.98%. As a group, sell-side analysts forecast that Tatton Asset Management plc will post 26.0903733 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Peel Hunt restated an “add” rating and set a GBX 720 target price on shares of Tatton Asset Management in a research note on Tuesday, November 18th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 720.

Tatton Asset Management Company Profile

Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul’s vision in starting Tatton Asset Management was to create a range of services to power the UK’s leading financial advisers, facilitating expansion and enabling them to better service their clients. Tatton Asset Management offers on-platform only discretionary fund management, regulatory, compliance and business consulting services, as well as a whole of market mortgage provision, to Directly Authorised financial advisers across the UK.