Engineers Gate Manager LP purchased a new position in shares of Gain Capital Holdings Inc (NYSE:GCAP) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 28,080 shares of the financial services provider’s stock, valued at approximately $183,000. Engineers Gate Manager LP owned 0.06% of Gain Capital as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. LMR Partners LLP acquired a new stake in shares of Gain Capital in the second quarter valued at approximately $146,000. Bank of America Corp DE increased its holdings in shares of Gain Capital by 51.4% in the second quarter. Bank of America Corp DE now owns 31,011 shares of the financial services provider’s stock valued at $234,000 after purchasing an additional 10,526 shares in the last quarter. Paloma Partners Management Co acquired a new stake in shares of Gain Capital in the second quarter valued at approximately $247,000. First Trust Advisors LP acquired a new stake in shares of Gain Capital in the third quarter valued at approximately $221,000. Finally, Wedge Capital Management L L P NC acquired a new stake in shares of Gain Capital in the second quarter valued at approximately $707,000. Hedge funds and other institutional investors own 52.58% of the company’s stock.

GCAP opened at $7.20 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.39 and a quick ratio of 1.39. Gain Capital Holdings Inc has a 52 week low of $6.08 and a 52 week high of $13.26. The firm has a market cap of $344.07 million, a price-to-earnings ratio of -36.00, a price-to-earnings-growth ratio of 1.17 and a beta of 0.05.

Gain Capital (NYSE:GCAP) last released its earnings results on Thursday, October 25th. The financial services provider reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.17. Gain Capital had a net margin of 25.74% and a return on equity of 9.10%. The firm had revenue of $95.50 million during the quarter, compared to analyst estimates of $85.77 million. Equities analysts expect that Gain Capital Holdings Inc will post 0.88 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 18th. Shareholders of record on Tuesday, December 11th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date of this dividend is Monday, December 10th. Gain Capital’s dividend payout ratio is presently -120.00%.

In other Gain Capital news, insider Samantha Roady sold 5,000 shares of Gain Capital stock in a transaction on Wednesday, November 14th. The shares were sold at an average price of $7.77, for a total transaction of $38,850.00. Following the completion of the sale, the insider now owns 225,508 shares of the company’s stock, valued at approximately $1,752,197.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 6.40% of the stock is currently owned by insiders.

A number of analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Gain Capital from a “buy” rating to a “hold” rating in a report on Tuesday, November 6th. ValuEngine raised shares of Gain Capital from a “hold” rating to a “buy” rating in a report on Tuesday, October 16th. TheStreet raised shares of Gain Capital from a “c” rating to a “b-” rating in a report on Friday, October 26th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Gain Capital in a report on Friday, August 31st. They issued a “neutral” rating and a $9.00 price target for the company. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $8.75.

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Gain Capital Company Profile

GAIN Capital Holdings, Inc, together with its subsidiary, provides trading services and solutions to retail, institutional, and futures service customers worldwide. The company operates in three segments: Retail, Institutional, and Futures. It specializes in over-the-counter (OTC) and exchange-traded markets.

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Institutional Ownership by Quarter for Gain Capital (NYSE:GCAP)

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