GAIN Capital Holdings, Inc. (GCAP) Stake Lowered by Foundry Partners LLC

Cornelia Mascio
Agosto 18, 2017

Traders are paying renewed attention to shares of PetVivo Holdings Inc (PETV). (GCAP) remained flat at $6.85 during midday trading on Tuesday. Narrowing in, the stock is at a distance of -26.35% from the 50 day high and -3.15% off of the 50 day low. Quinn Opportunity Prtn Limited Liability Com has invested 0.08% in Gain Capital Holdings Inc (NYSE:GCAP). GAIN Capital Holdings comprises approximately 0.4% of Francisco Partners Management LP's holdings, making the stock its 5th largest position.

About shares traded. Gain Capital Holdings Inc (NYSE:GCAP) has declined 12.52% since August 17, 2016 and is downtrending. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.25. The firm had revenue of $98.10 million for the quarter, compared to analyst estimates of $98.70 million.

GAIN Capital Holdings on Thursday said it has priced an offering of $80 million aggregate principal amount of 5.00% convertible senior notes due 2022 in a private placement to qualified institutional buyers.The company also granted the buyers a 30-day option to purchase up to an additional $12 million aggregate principal amount of notes exclusively to cover over-allotments. Analysts expect next quarter's EPS will be $0.19 with next year's EPS projected to be $0.82. (NYSE:GCAP) in a research report released on Friday, August 4th. Finally, Zacks Investment Research cut shares of GAIN Capital Holdings from a "buy" rating to a "sell" rating in a report on Tuesday, July 18th. Gain Capital Holdings had 8 analyst reports since August 7, 2015 according to SRatingsIntel. TheStreet upgraded GAIN Capital Holdings from a "c" rating to a "b-" rating in a research report on Monday, August 7th. (NYSE:GCAP) Director Christopher Warren Calhoun sold 5,000 shares of the stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $6.50, for a total value of $23,380.50. Following the completion of the sale, the director now directly owns 40,149 shares of the company's stock, valued at approximately $281,043. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Shares buyback plans are generally a sign that the company's board of directors believes its shares are undervalued. The shares were sold at an average price of $5.94, for a total transaction of $297,000.00. The disclosure for this sale can be found here. Insiders have sold 37,701 shares of company stock worth $251,853 over the last 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.

Several institutional investors have recently modified their holdings of the company. Martingale Asset Management L P purchased a new stake in shares of GAIN Capital Holdings during the first quarter worth about $126,000. American International Group Inc. raised its stake in shares of GAIN Capital Holdings by 7.0% in the first quarter. Russell Investments Group Ltd. now owns 182,459 shares of the financial services provider's stock valued at $1,520,000 after buying an additional 41,564 shares during the period. Alpine Woods Capital Investors LLC purchased a new stake in shares of GAIN Capital Holdings during the second quarter worth about $155,000. Goldman Sachs Group Inc. now owns 73,010 shares of the financial services provider's stock valued at $608,000 after buying an additional 33,684 shares in the last quarter. As of quarter end Manufacturers Life Insurance Company, The had disposed of a total of 12,353 shares trimming its holdings by 80.9%. State Street Corp increased its stake in GAIN Capital Holdings by 6.9% in the fourth quarter. Two Sigma Investments LP now owns 193,856 shares of the financial services provider's stock valued at $1,276,000 after buying an additional 161,821 shares during the period. Hedge funds and other institutional investors own 48.88% of the company's stock. The stock increased 0.59% or $0.43 during the last trading session, reaching $73.65. GAIN Capital Holdings has a 12-month low of $4.54 and a 12-month high of $8.75. The stock has a 50 day moving average of $6.61 and a 200-day moving average of $7.03.

The company now has a P/E ratio of 27.85 and market capitalization is 299.98M.

GAIN Capital Holdings announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, May 17th that allows the company to buyback $35.00 million in outstanding shares.

Superior Energy Services Inc (SPN) shares are moving today on volatility -4.54% or $-0.39 from the open. Stockholders of record on Tuesday, September 12th will be given a $0.06 dividend. The ex-dividend date is Friday the 9th of June 2017. The current 14-day RSI is presently sitting at 38.02, the 7-day is 42.51, and the 3-day is 54.42. GAIN Capital Holdings's dividend payout ratio (DPR) is 104.35%.

Following yesterday's announcement about an incoming debt sale, GAIN Capital announced that it priced the issue.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE