Gain Capital Holdings Inc. (NYSE:GCAP) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note 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 equities research analysts have also recently weighed in on the stock. Jefferies Group reiterated a “buy” rating on shares of Gain Capital Holdings in a research report on Thursday, August 4th. TheStreet cut shares of Gain Capital Holdings from a “buy” rating to a “hold” rating in a research report on Monday, September 12th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $8.06.

Shares of Gain Capital Holdings (NYSE:GCAP) opened at 5.70 on Thursday. The company has a market capitalization of $277.24 million, a PE ratio of 9.00 and a beta of -0.01. Gain Capital Holdings has a one year low of $5.60 and a one year high of $8.48. The stock has a 50 day moving average of $6.22 and a 200-day moving average of $6.54.

Gain Capital Holdings (NYSE:GCAP) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.02. Gain Capital Holdings had a net margin of 9.34% and a return on equity of 21.66%. The company earned $108.30 million during the quarter, compared to analysts’ expectations of $104.70 million. During the same period in the prior year, the company posted $0.01 earnings per share. Gain Capital Holdings’s revenue for the quarter was down 2.9% compared to the same quarter last year. On average, equities analysts forecast 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. Shareholders of record on Tuesday, September 13th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date was Friday, September 9th. Gain Capital Holdings’s payout ratio is 22.99%.

Large investors have recently bought and sold shares of the company. Bank of Montreal Can bought a new stake in Gain Capital Holdings during the second quarter worth 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 worth $11,225,000 after buying an additional 175,854 shares during the last quarter. Emerald Acquisition Ltd. bought a new stake in Gain Capital Holdings during the second quarter worth approximately $1,059,000. 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 worth $6,070,000 after buying an additional 151,127 shares during the last quarter. Finally, Bridgeway Capital Management Inc. boosted its stake in Gain Capital Holdings by 48.3% in the second quarter. Bridgeway Capital Management Inc. now owns 380,205 shares of the company’s stock worth $2,403,000 after buying an additional 123,750 shares during the last quarter. Institutional investors and hedge funds own 50.57% of the company’s stock.

Gain Capital Holdings Company Profile

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.

5 Day Chart for NYSE:GCAP

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