Northern Trust Corp grew its holdings in GAIN Capital Holdings, Inc. (NYSE:GCAP) by 61.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,003,141 shares of the financial services provider’s stock after buying an additional 383,185 shares during the quarter. Northern Trust Corp owned 2.09% of GAIN Capital Holdings worth $6,249,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of GCAP. American International Group Inc. increased its position in shares of GAIN Capital Holdings by 7.0% during the first quarter. American International Group Inc. now owns 22,956 shares of the financial services provider’s stock worth $191,000 after purchasing an additional 1,511 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of GAIN Capital Holdings by 1.2% during the first quarter. Alliancebernstein L.P. now owns 25,100 shares of the financial services provider’s stock worth $209,000 after purchasing an additional 300 shares in the last quarter. California Public Employees Retirement System increased its position in shares of GAIN Capital Holdings by 11.0% during the first quarter. California Public Employees Retirement System now owns 145,800 shares of the financial services provider’s stock worth $1,215,000 after purchasing an additional 14,500 shares in the last quarter. Vanguard Group Inc. increased its position in shares of GAIN Capital Holdings by 8.5% during the first quarter. Vanguard Group Inc. now owns 1,273,862 shares of the financial services provider’s stock worth $10,611,000 after purchasing an additional 99,492 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of GAIN Capital Holdings by 28.5% during the first quarter. Geode Capital Management LLC now owns 330,065 shares of the financial services provider’s stock worth $2,748,000 after purchasing an additional 73,138 shares in the last quarter. Institutional investors and hedge funds own 52.69% of the company’s stock.

Shares of GAIN Capital Holdings, Inc. (GCAP) opened at $7.30 on Wednesday. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $326.81, a price-to-earnings ratio of 21.32, a price-to-earnings-growth ratio of 9.21 and a beta of 0.28. GAIN Capital Holdings, Inc. has a twelve month low of $5.56 and a twelve month high of $8.75.

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

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Monday, December 11th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 3.29%. The ex-dividend date is Friday, December 8th. GAIN Capital Holdings’s dividend payout ratio (DPR) is presently 80.00%.

Several analysts have issued reports on the company. BidaskClub cut GAIN Capital Holdings from a “hold” rating to a “sell” rating in a report on Monday, October 23rd. Jefferies Group LLC restated a “buy” rating and issued a $8.50 target price (down from $9.00) on shares of GAIN Capital Holdings in a report on Friday, August 4th. TheStreet upgraded GAIN Capital Holdings from a “c” rating to a “b-” rating in a report on Monday, August 7th. Zacks Investment Research cut GAIN Capital Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $7.00 target price on shares of GAIN Capital Holdings in a report on Friday, October 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $7.58.

In other GAIN Capital Holdings news, major shareholder Ltd Ipgl purchased 36,675 shares of the firm’s stock in a transaction dated Monday, August 21st. The shares were acquired at an average price of $6.25 per share, with a total value of $229,218.75. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Christopher Warren Calhoun sold 5,000 shares of the company’s stock in a transaction on Friday, October 27th. The shares were sold at an average price of $7.00, for a total value of $35,000.00. Following the completion of the transaction, the director now directly owns 23,278 shares in the company, valued at approximately $162,946. The disclosure for this sale can be found here. In the last ninety days, insiders bought 200,000 shares of company stock worth $1,244,594. Corporate insiders own 5.60% of the company’s stock.

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GAIN Capital Holdings Company Profile

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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