Zacks Investment Research lowered shares of Gain Capital Holdings Inc. (NYSE:GCAP) from a hold rating to a sell rating in a report issued on Thursday.

According to Zacks, “institutional foreign exchange, trading and related services providing direct access to the global OTC foreign exchange markets, where participants trade directly with one another. Its trading platforms provide information and analytical tools that allow customers to identify, analyze and execute their trading strategies. GAIN also offers retail customers located outside the United States access to other global markets on an OTC basis, including the spot gold and silver markets, as well as equity indices and commodities. Its forex trading activities are regulated in the US by the Commodity Futures Trading Commission and the National Futures Association, in the UK by the Financial Services Authority, in Japan by the Financial Services Agency, in Hong Kong by the Securities and Futures Commission and in Australia by the Australian Securities and Investments Commission. GAIN Capital Holdings, Inc is based in Bedminster, New Jersey. “

Several other research firms also recently weighed in on GCAP. TheStreet downgraded Gain Capital Holdings from a buy rating to a hold rating in a report on Monday, September 12th. Jefferies Group reissued a buy rating on shares of Gain Capital Holdings in a report on Thursday, August 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of $8.06.

Shares of Gain Capital Holdings (NYSE:GCAP) opened at 5.63 on Thursday. The company has a 50-day moving average of $6.20 and a 200-day moving average of $6.54. Gain Capital Holdings has a 1-year low of $5.60 and a 1-year high of $8.48. The firm has a market cap of $273.84 million, a PE ratio of 8.89 and a beta of -0.01.

Gain Capital Holdings (NYSE:GCAP) last announced its quarterly earnings results on Thursday, August 4th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.02. The firm earned $108.30 million during the quarter, compared to the consensus estimate of $104.70 million. Gain Capital Holdings had a return on equity of 21.66% and a net margin of 9.34%. The firm’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.01 earnings per share. Analysts predict that Gain Capital Holdings will post $0.87 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 20th. Stockholders of record on Tuesday, September 13th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 3.55%. The ex-dividend date was Friday, September 9th. Gain Capital Holdings’s dividend payout ratio (DPR) is presently 22.99%.

Several large investors have recently added to or reduced their stakes in GCAP. Bank of Montreal Can bought a new stake in Gain Capital Holdings during the second quarter valued at approximately $12,188,000. Dimensional Fund Advisors LP boosted its stake in Gain Capital Holdings by 11.0% in the second quarter. Dimensional Fund Advisors LP now owns 1,776,092 shares of the company’s stock valued at $11,225,000 after buying an additional 175,854 shares during the period. Vanguard Group Inc. boosted its stake in Gain Capital Holdings by 3.2% in the second quarter. Vanguard Group Inc. now owns 1,130,232 shares of the company’s stock valued at $7,143,000 after buying an additional 35,141 shares during the period. BlackRock Fund Advisors boosted its stake in Gain Capital Holdings by 18.7% in the second quarter. BlackRock Fund Advisors now owns 960,491 shares of the company’s stock valued at $6,070,000 after buying an additional 151,127 shares during the period. Finally, Royce & Associates LP boosted its stake in Gain Capital Holdings by 13.6% in the first quarter. Royce & Associates LP now owns 921,000 shares of the company’s stock valued at $6,042,000 after buying an additional 110,000 shares during the period. Institutional investors and hedge funds own 50.58% of the company’s stock.

About Gain Capital Holdings

GAIN Capital Holdings, Inc is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company’s segments include Retail segment, Institutional segment, Futures segment, and Corporate and other. The retail segment provides its retail customers with access to a range of global financial markets, including spot foreign exchange (forex), precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex.

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