Shares of Jupiter Fund Management Plc (LON:JUP – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 160.78 and traded as low as GBX 157.60. Jupiter Fund Management shares last traded at GBX 168, with a volume of 8,661,515 shares changing hands.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft lifted their price objective on Jupiter Fund Management from GBX 165 to GBX 175 and gave the company a “hold” rating in a research note on Monday, February 2nd. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Jupiter Fund Management presently has a consensus rating of “Hold” and a consensus price target of GBX 150.33.
View Our Latest Research Report on JUP
Jupiter Fund Management Trading Up 0.6%
Jupiter Fund Management (LON:JUP – Get Free Report) last posted its earnings results on Thursday, February 26th. The company reported GBX 19.40 EPS for the quarter. Jupiter Fund Management had a return on equity of 11.49% and a net margin of 21.19%. Analysts anticipate that Jupiter Fund Management Plc will post 8.5093781 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, insider Wayne Mepham sold 206,766 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of GBX 195, for a total value of £403,193.70. Also, insider Matthew Beesley sold 308,933 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of GBX 188, for a total transaction of £580,794.04. Insiders own 3.97% of the company’s stock.
About Jupiter Fund Management
Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.
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