Barclays downgraded shares of Jupiter Fund Management (LON:JUP – Free Report) to an underweight rating in a research note published on Thursday morning, MarketBeat.com reports. The firm currently has GBX 85 ($1.08) target price on the stock.
Separately, BNP Paribas upgraded shares of Jupiter Fund Management to a neutral rating and set a GBX 81 ($1.03) price objective on the stock in a report on Monday, February 12th.
Jupiter Fund Management Stock Performance
Jupiter Fund Management Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, May 20th. Investors of record on Thursday, April 18th will be issued a dividend of GBX 3.40 ($0.04) per share. The ex-dividend date of this dividend is Thursday, April 18th. This represents a yield of 4.15%. Jupiter Fund Management’s dividend payout ratio (DPR) is presently -23,333.33%.
Jupiter Fund Management Company Profile
Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.
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