Intermediate Capital Group plc (LON:ICP) Insider Sells £1,285,000 in Stock

Intermediate Capital Group plc (LON:ICP) insider Philip Keller sold 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 4th. The stock was sold at an average price of GBX 1,285 ($16.79), for a total transaction of £1,285,000 ($1,679,080.10).

Philip Keller also recently made the following trade(s):

  • On Thursday, June 6th, Philip Keller sold 100,000 shares of Intermediate Capital Group stock. The stock was sold at an average price of GBX 1,339 ($17.50), for a total transaction of £1,339,000 ($1,749,640.66).

Intermediate Capital Group stock traded up GBX 19 ($0.25) during trading hours on Friday, reaching GBX 1,381 ($18.05). 489,126 shares of the stock were exchanged, compared to its average volume of 727,416. The stock has a market capitalization of $4.01 billion and a PE ratio of 21.78. The company has a debt-to-equity ratio of 89.18, a quick ratio of 1.43 and a current ratio of 1.68. Intermediate Capital Group plc has a 52-week low of GBX 899 ($11.75) and a 52-week high of GBX 1,391 ($18.18). The company’s 50 day moving average price is GBX 1,297.04.

The company also recently disclosed a dividend, which will be paid on Tuesday, August 6th. Shareholders of record on Thursday, June 13th will be given a dividend of GBX 35 ($0.46) per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a yield of 2.75%. This is an increase from Intermediate Capital Group’s previous dividend of $10.00. Intermediate Capital Group’s dividend payout ratio is presently 0.71%.

Several analysts recently commented on the stock. Barclays reiterated an “overweight” rating on shares of Intermediate Capital Group in a research report on Monday, June 10th. Shore Capital reiterated a “hold” rating on shares of Intermediate Capital Group in a research report on Wednesday, June 5th. Jefferies Financial Group restated a “buy” rating and set a GBX 1,509 ($19.72) price objective on shares of Intermediate Capital Group in a research report on Tuesday, May 28th. JPMorgan Chase & Co. upped their price objective on shares of Intermediate Capital Group from GBX 1,450 ($18.95) to GBX 1,530 ($19.99) and gave the stock an “overweight” rating in a research report on Thursday, May 23rd. Finally, Numis Securities restated a “buy” rating and set a GBX 1,350 ($17.64) price objective on shares of Intermediate Capital Group in a research report on Wednesday, May 22nd. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Intermediate Capital Group presently has a consensus rating of “Buy” and an average price target of GBX 1,426.80 ($18.64).

Intermediate Capital Group Company Profile

Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted company finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.

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Insider Buying and Selling by Quarter for Intermediate Capital Group (LON:ICP)

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