New York State Common Retirement Fund increased its position in GAIN Capital Holdings, Inc. (NYSE:GCAP) by 138.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,105 shares of the financial services provider’s stock after acquiring an additional 40,704 shares during the quarter. New York State Common Retirement Fund owned about 0.15% of GAIN Capital Holdings worth $437,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in GAIN Capital Holdings by 8.5% during the 1st quarter. Vanguard Group Inc. now owns 1,273,862 shares of the financial services provider’s stock valued at $10,611,000 after buying an additional 99,492 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in GAIN Capital Holdings by 7.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 886,638 shares of the financial services provider’s stock valued at $5,523,000 after buying an additional 62,400 shares in the last quarter. UBS Group AG grew its holdings in GAIN Capital Holdings by 345.8% during the 1st quarter. UBS Group AG now owns 59,343 shares of the financial services provider’s stock valued at $494,000 after buying an additional 46,030 shares in the last quarter. Weber Alan W grew its holdings in GAIN Capital Holdings by 130.1% during the 2nd quarter. Weber Alan W now owns 315,000 shares of the financial services provider’s stock valued at $1,962,000 after buying an additional 178,114 shares in the last quarter. Finally, American International Group Inc. grew its holdings in GAIN Capital Holdings by 7.0% during the 1st 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 in the last quarter. 52.69% of the stock is owned by institutional investors.

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GAIN Capital Holdings, Inc. (GCAP) opened at $7.30 on Wednesday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $326.81, a P/E ratio of 21.32, a PEG ratio of 9.21 and a beta of 0.28. GAIN Capital Holdings, Inc. has a 52-week low of $5.56 and a 52-week high of $8.75.

GAIN Capital Holdings (NYSE:GCAP) last posted its earnings results on Thursday, October 26th. The financial services provider reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.06. The firm had revenue of $81.30 million during the quarter, compared to the consensus estimate of $79.86 million. GAIN Capital Holdings had a return on equity of 5.62% and a net margin of 3.72%. The company’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.11) EPS. sell-side analysts predict that GAIN Capital Holdings, Inc. will post 0.1 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Monday, December 11th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, December 8th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.29%. GAIN Capital Holdings’s dividend payout ratio is currently 80.00%.

A number of equities research analysts have issued reports on GCAP shares. Zacks Investment Research lowered shares of GAIN Capital Holdings from a “buy” rating to a “sell” rating in a report on Tuesday, July 18th. Jefferies Group LLC reiterated a “buy” rating and set a $8.50 target price (down from $9.00) on shares of GAIN Capital Holdings in a research report on Friday, August 4th. TheStreet upgraded GAIN Capital Holdings from a “c” rating to a “b-” rating in a research report on Monday, August 7th. BidaskClub downgraded GAIN Capital Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $7.00 target price on shares of GAIN Capital Holdings in a research report on Friday, October 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. GAIN Capital Holdings presently has an average rating of “Hold” and an average target price of $7.58.

In related news, Director Christopher Warren Calhoun sold 5,000 shares of the firm’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of $7.00, for a total value of $35,000.00. Following the completion of the sale, the director now directly owns 23,278 shares in the company, valued at $162,946. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder Ltd Ipgl purchased 71,306 shares of the stock in a transaction that occurred on Thursday, September 7th. The stock was bought at an average price of $6.20 per share, with a total value of $442,097.20. The disclosure for this purchase can be found here. Insiders have bought a total of 200,000 shares of company stock valued at $1,244,594 over the last quarter. Corporate insiders own 5.60% of the company’s stock.

About GAIN Capital Holdings

GAIN Capital Holdings, Inc (GAIN) 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 and Futures segment. Through its retail segment, the Company provides its retail customers across the world with access to a range of global financial markets, including spot 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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Institutional Ownership by Quarter for GAIN Capital Holdings (NYSE:GCAP)

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