Jefferies Group LLC trimmed its stake in shares of Gain Capital Holdings Inc (NYSE:GCAP) by 27.1% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 110,517 shares of the financial services provider’s stock after selling 41,083 shares during the quarter. Jefferies Group LLC owned about 0.25% of Gain Capital worth $718,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of Gain Capital by 51.4% during the 2nd quarter. Bank of America Corp DE now owns 31,011 shares of the financial services provider’s stock valued at $234,000 after acquiring an additional 10,526 shares during the period. Renaissance Technologies LLC bought a new stake in shares of Gain Capital during the 3rd quarter valued at $105,000. Engineers Gate Manager LP bought a new stake in shares of Gain Capital during the 3rd quarter valued at $183,000. Paloma Partners Management Co bought a new stake in shares of Gain Capital during the 2nd quarter valued at $247,000. Finally, First Trust Advisors LP bought a new stake in shares of Gain Capital during the 3rd quarter valued at $221,000. Hedge funds and other institutional investors own 52.16% of the company’s stock.

Shares of GCAP stock opened at $7.31 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.38. Gain Capital Holdings Inc has a twelve month low of $6.08 and a twelve month high of $13.26. The firm has a market cap of $323.70 million, a P/E ratio of 11.08, a price-to-earnings-growth ratio of 1.10 and a beta of 0.10.

Gain Capital (NYSE:GCAP) last announced its quarterly earnings data on Thursday, October 25th. The financial services provider reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.17. Gain Capital had a return on equity of 9.10% and a net margin of 25.74%. The business had revenue of $95.50 million during the quarter, compared to the consensus estimate of $85.77 million. On average, research analysts expect that Gain Capital Holdings Inc will post 0.88 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 18th. Investors of record on Tuesday, December 11th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, December 10th. This represents a $0.24 annualized dividend and a dividend yield of 3.28%. Gain Capital’s dividend payout ratio is currently -120.00%.

In other Gain Capital news, Director Joseph A. Schenk acquired 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 21st. The stock was acquired at an average cost of $7.32 per share, for a total transaction of $73,200.00. Following the transaction, the director now directly owns 166,638 shares in the company, valued at $1,219,790.16. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Samantha Roady sold 5,000 shares of the company’s stock in a transaction on Wednesday, November 14th. The stock was sold at an average price of $7.77, for a total value of $38,850.00. Following the sale, the insider now owns 225,508 shares of the company’s stock, valued at $1,752,197.16. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 69,250 shares of company stock valued at $506,945. 6.40% of the stock is owned by corporate insiders.

GCAP has been the subject of a number of recent analyst reports. ValuEngine upgraded Gain Capital from a “sell” rating to a “hold” rating in a research report on Saturday, October 6th. Zacks Investment Research upgraded Gain Capital from a “hold” rating to a “buy” rating and set a $8.50 target price for the company in a research report on Friday, October 26th. JPMorgan Chase & Co. initiated coverage on Gain Capital in a research report on Friday, August 31st. They set a “neutral” rating and a $9.00 target price for the company. Finally, TheStreet upgraded Gain Capital from a “c” rating to a “b-” rating in a research report on Friday, October 26th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Gain Capital has an average rating of “Hold” and a consensus price target of $8.75.

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Gain Capital 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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