Mackay Shields LLC purchased a new position in shares of Gain Capital Holdings Inc (NYSE:GCAP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 36,400 shares of the financial services provider’s stock, valued at approximately $225,000. Mackay Shields LLC owned about 0.08% of Gain Capital as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Geode Capital Management LLC grew its stake in shares of Gain Capital by 18.1% in the fourth quarter. Geode Capital Management LLC now owns 280,453 shares of the financial services provider’s stock worth $1,727,000 after acquiring an additional 42,995 shares during the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of Gain Capital by 13.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 48,840 shares of the financial services provider’s stock worth $301,000 after acquiring an additional 5,807 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Gain Capital by 11.7% in the fourth quarter. Bank of New York Mellon Corp now owns 233,092 shares of the financial services provider’s stock worth $1,436,000 after acquiring an additional 24,453 shares during the last quarter. BlackRock Inc. grew its stake in shares of Gain Capital by 2.8% in the fourth quarter. BlackRock Inc. now owns 1,797,696 shares of the financial services provider’s stock worth $11,074,000 after acquiring an additional 49,581 shares during the last quarter. Finally, Acadian Asset Management LLC grew its stake in shares of Gain Capital by 63.1% in the fourth quarter. Acadian Asset Management LLC now owns 232,882 shares of the financial services provider’s stock worth $1,434,000 after acquiring an additional 90,121 shares during the last quarter. 56.09% of the stock is owned by hedge funds and other institutional investors.

In other Gain Capital news, CFO Nigel Rose sold 4,256 shares of Gain Capital stock in a transaction on Monday, March 18th. The shares were sold at an average price of $6.57, for a total transaction of $27,961.92. Following the sale, the chief financial officer now owns 114,923 shares in the company, valued at $755,044.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Samantha Roady sold 4,893 shares of Gain Capital stock in a transaction on Monday, March 18th. The stock was sold at an average price of $6.57, for a total transaction of $32,147.01. Following the sale, the insider now owns 241,257 shares in the company, valued at approximately $1,585,058.49. The disclosure for this sale can be found here. Insiders have sold 12,812 shares of company stock worth $84,175 in the last quarter. Corporate insiders own 6.40% of the company’s stock.

GCAP opened at $6.46 on Thursday. Gain Capital Holdings Inc has a fifty-two week low of $5.68 and a fifty-two week high of $8.50. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market cap of $241.51 million, a price-to-earnings ratio of 9.94, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Tuesday, March 26th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, March 25th. This represents a $0.24 dividend on an annualized basis and a yield of 3.72%. Gain Capital’s dividend payout ratio is currently 35.82%.

Several equities research analysts have recently issued reports on GCAP shares. ValuEngine upgraded shares of Gain Capital from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. Zacks Investment Research downgraded shares of Gain Capital from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 15th. Finally, TheStreet downgraded shares of Gain Capital from a “b-” rating to a “c+” rating in a research note on Tuesday, January 15th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. Gain Capital currently has a consensus rating of “Hold” and an average price target of $8.44.

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About Gain Capital

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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