Tp Icap (LON:TCAP) insider Roger Perkin bought 5,000 shares of the firm’s stock in a transaction that occurred on Friday, March 23rd. The stock was bought at an average price of GBX 463 ($6.54) per share, for a total transaction of £23,150 ($32,720.85).
Tp Icap stock traded up GBX 4.80 ($0.07) during mid-day trading on Thursday, hitting GBX 455.30 ($6.44). 844,202 shares of the company’s stock were exchanged, compared to its average volume of 1,770,000. Tp Icap has a fifty-two week low of GBX 438.79 ($6.20) and a fifty-two week high of GBX 560.60 ($7.92).
The company also recently announced a dividend, which will be paid on Thursday, May 17th. Shareholders of record on Thursday, April 5th will be issued a dividend of GBX 11.25 ($0.16) per share. This represents a yield of 2.31%. The ex-dividend date is Thursday, April 5th. This is a boost from Tp Icap’s previous dividend of $5.60.
Several equities analysts recently weighed in on TCAP shares. Morgan Stanley reissued an “overweight” rating and set a GBX 620 ($8.76) price objective on shares of Tp Icap in a research report on Wednesday, February 7th. Shore Capital reaffirmed a “sell” rating on shares of Tp Icap in a report on Tuesday, March 13th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 665 ($9.40) price target on shares of Tp Icap in a report on Tuesday, March 6th. Peel Hunt reiterated a “reduce” rating and issued a GBX 435 ($6.15) price objective on shares of Tp Icap in a research note on Monday, January 8th. Finally, Barclays reiterated an “underweight” rating and issued a GBX 430 ($6.08) price objective on shares of Tp Icap in a research note on Wednesday, March 14th. Three analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. Tp Icap has a consensus rating of “Hold” and a consensus price target of GBX 533.30 ($7.54).
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About Tp Icap
TP ICAP plc, through its portfolio of businesses, provides intermediary services, contextual insights and intelligence, trade execution solutions, and data and analytics. The company operates in four divisions: Global Broking, Energy & Commodities, Institutional Services, and Data & Analytics.
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