Intermediate Capital Group plc (LON:ICP) declared a dividend on Tuesday, November 14th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 7th will be paid a dividend of GBX 9 ($0.12) per share on Friday, January 12th. This represents a dividend yield of 0.86%. The ex-dividend date of this dividend is Thursday, December 7th. The official announcement can be accessed at this link.
Shares of Intermediate Capital Group (ICP) traded up GBX 11 ($0.15) during mid-day trading on Wednesday, reaching GBX 1,065 ($14.33). The company’s stock had a trading volume of 260,068 shares, compared to its average volume of 814,091. Intermediate Capital Group has a 12 month low of GBX 662.50 ($8.92) and a 12 month high of GBX 1,080 ($14.54).
Intermediate Capital Group (LON:ICP) last announced its quarterly earnings data on Tuesday, November 14th. The company reported GBX 28.30 ($0.38) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 24.80 ($0.33) by GBX 3.50 ($0.05). The company had revenue of £285.10 million for the quarter. Intermediate Capital Group had a return on equity of 19.31% and a net margin of 33.29%.
In other news, insider Philip Keller sold 130,000 shares of Intermediate Capital Group stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of GBX 1,007 ($13.55), for a total value of £1,309,100 ($1,761,911.17). Also, insider Peter J. Gibbs acquired 30,000 shares of the firm’s stock in a transaction dated Friday, September 15th. The stock was bought at an average price of GBX 842 ($11.33) per share, with a total value of £252,600 ($339,973.08).
A number of brokerages have issued reports on ICP. Liberum Capital reaffirmed a “buy” rating and issued a GBX 1,010 ($13.59) target price on shares of Intermediate Capital Group in a research note on Tuesday, November 14th. Shore Capital reaffirmed a “sell” rating on shares of Intermediate Capital Group in a research note on Tuesday, November 14th. Numis Securities reaffirmed an “add” rating and issued a GBX 967 ($13.01) target price on shares of Intermediate Capital Group in a research note on Tuesday, November 14th. Canaccord Genuity raised their price objective on Intermediate Capital Group from GBX 1,000 ($13.46) to GBX 1,150 ($15.48) and gave the stock a “buy” rating in a research report on Monday, November 20th. Finally, reissued an “add” rating and set a GBX 967 ($13.01) price objective on shares of Intermediate Capital Group in a research report on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. Intermediate Capital Group has an average rating of “Hold” and a consensus price target of GBX 975.22 ($13.13).
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Intermediate Capital Group Company Profile
Intermediate Capital Group plc is a specialist asset manager. The Company is the fund management company (FMC) and the investment company (IC). Its funds invest across four asset categories, providing finance for corporate investments, including private debt and minority equity; capital market investments of public and private debt; real assets, principally real estate debt, and private equity secondaries funds.
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