Jtc Plc (LON:JTC) Insider Martin Fotheringham Sells 50,000 Shares of Stock

Jtc Plc (LON:JTCGet Free Report) insider Martin Fotheringham sold 50,000 shares of the stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of GBX 751 ($9.17), for a total transaction of £375,500 ($458,541.95).

JTC Stock Up 1.0 %

LON JTC opened at GBX 767 ($9.37) on Tuesday. The company has a debt-to-equity ratio of 32.05, a quick ratio of 2.70 and a current ratio of 2.23. The company has a market capitalization of £1.27 billion, a P/E ratio of 4,511.76 and a beta of 0.53. Jtc Plc has a one year low of GBX 610 ($7.45) and a one year high of GBX 837 ($10.22). The stock has a 50 day moving average price of GBX 707.22 and a 200-day moving average price of GBX 717.66.

JTC Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, October 20th. Stockholders of record on Thursday, September 21st will be given a dividend of GBX 3.50 ($0.04) per share. The ex-dividend date is Thursday, September 21st. This represents a dividend yield of 0.52%. JTC’s dividend payout ratio is currently 5,882.35%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Berenberg Bank reaffirmed a “buy” rating and set a GBX 880 ($10.75) price objective on shares of JTC in a report on Tuesday, July 25th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 860 ($10.50) price objective on shares of JTC in a report on Thursday, June 15th. Shore Capital reaffirmed a “buy” rating on shares of JTC in a report on Tuesday, July 25th. Finally, Royal Bank of Canada increased their price objective on shares of JTC from GBX 760 ($9.28) to GBX 770 ($9.40) and gave the company a “sector perform” rating in a report on Thursday, June 22nd.

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JTC Company Profile

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JTC PLC provides fund, corporate, and private wealth services to institutional and private clients. The company operates through two segments, Institutional Client Services and Private Client Services. It offers fund services in a range of asset classes, including real estate, private equity, renewables, hedge, debt, and alternative asset classes, as well as other administration services.

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