Tatton Asset Management (LON:TAM) Issues Earnings Results

Tatton Asset Management (LON:TAM) issued its earnings results on Tuesday. The company reported GBX 36.06 EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 5,444 million for the quarter. Tatton Asset Management had a net margin of 34.46% and a return on equity of 31.92%.

Tatton Asset Management Price Performance

Shares of LON TAM opened at GBX 706 on Wednesday. Tatton Asset Management has a 1 year low of GBX 524.41 and a 1 year high of GBX 770. The company has a debt-to-equity ratio of 2.16, a current ratio of 190.95 and a quick ratio of 3.50. The company’s 50-day moving average is GBX 608.96 and its 200 day moving average is GBX 632.14. The stock has a market capitalization of £430.76 million, a P/E ratio of 25.76, a P/E/G ratio of 1.91 and a beta of 0.73.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 875 target price on shares of Tatton Asset Management in a research report on Thursday, April 2nd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Tatton Asset Management has a consensus rating of “Buy” and a consensus price target of GBX 797.50.

Insider Activity

In related news, insider Paul Hogarth purchased 73,200 shares of Tatton Asset Management stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average price of GBX 625 per share, for a total transaction of £457,500. 18.84% of the stock is owned by corporate insiders.

About Tatton Asset Management

Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul’s vision in starting Tatton Asset Management was to create a range of services to power the UK’s leading financial advisers, facilitating expansion and enabling them to better service their clients. Tatton Asset Management offers on-platform only discretionary fund management, regulatory, compliance and business consulting services, as well as a whole of market mortgage provision, to Directly Authorised financial advisers across the UK.