Polar Capital Holdings plc (LON:POLR) Insider Tom Bartlam Acquires 50,000 Shares
Polar Capital Holdings plc (LON:POLR) insider Tom Bartlam purchased 50,000 shares of the firm’s stock in a transaction on Tuesday, July 18th. The stock was acquired at an average price of GBX 430 ($5.62) per share, with a total value of £215,000 ($280,752.15).
Polar Capital Holdings plc (LON:POLR) traded up 0.29% during mid-day trading on Thursday, hitting GBX 430.00. The stock had a trading volume of 6,843 shares. Polar Capital Holdings plc has a 12-month low of GBX 272.60 and a 12-month high of GBX 460.00. The company has a 50-day moving average of GBX 431.58 and a 200-day moving average of GBX 384.31. The firm’s market cap is GBX 385.03 million.
The company also recently declared a dividend, which will be paid on Friday, July 21st. Investors of record on Thursday, July 6th will be paid a GBX 19.50 ($0.25) dividend. This represents a yield of 4.46%. This is an increase from Polar Capital Holdings plc’s previous dividend of $5.50. The ex-dividend date is Thursday, July 6th.
COPYRIGHT VIOLATION NOTICE: “Polar Capital Holdings plc (LON:POLR) Insider Tom Bartlam Acquires 50,000 Shares” was first posted by American Banking News and is owned by of American Banking News. If you are accessing this news story on another website, it was illegally copied and republished in violation of US and international copyright legislation. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/07/20/polar-capital-holdings-plc-lonpolr-insider-tom-bartlam-acquires-50000-shares.html.
Several research analysts recently commented on the company. Canaccord Genuity boosted their target price on Polar Capital Holdings plc from GBX 385 ($5.03) to GBX 500 ($6.53) and gave the stock a “buy” rating in a research note on Tuesday, June 27th. Peel Hunt reaffirmed an “add” rating and set a GBX 480 ($6.27) price objective on shares of Polar Capital Holdings plc in a research report on Thursday, July 13th. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 415 ($5.42) price objective on shares of Polar Capital Holdings plc in a research report on Thursday, July 13th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Polar Capital Holdings plc in a research report on Thursday, April 13th.
About Polar Capital Holdings plc
Polar Capital Holdings plc is an investment management company. The Company is engaged in the provision of investment management and advisory services. The Company offers professional and institutional investors a range of geographical and sector investment opportunities. The Company offers fundamental funds diversified by asset class, geographical, sectoral specialization, strategy and structure.
Receive News & Ratings for Polar Capital Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polar Capital Holdings plc and related companies with MarketBeat.com's FREE daily email newsletter.