2 weeks Ago By ABMN Staff
Polar Capital Holdings plc ( LON:POLR – Get Free Report ) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 520.30 ($6.
86) and traded as high as GBX 534 ($7.04). Polar Capital shares last traded at GBX 534 ($7.
04), with a volume of 207,750 shares changing hands. Analysts Set New Price Targets Separately, Deutsche Bank Aktiengesellschaft raised their target price on Polar Capital from GBX 500 ($6.59) to GBX 535 ($7.
06) and gave the stock a “hold” rating in a research note on Tuesday, June 4th. Read Our Latest Report on Polar Capital Polar Capital Stock Performance Polar Capital Increases Dividend The business also recently declared a dividend, which was paid on Friday, August 2nd. Stockholders of record on Thursday, July 4th were paid a GBX 32 ($0.
42) dividend. This represents a dividend yield of 5.91%.
This is an increase from Polar Capital’s previous dividend of $14.00. The ex-dividend date was Thursday, July 4th.
Polar Capital’s payout ratio is 10,952.38%. Insider Transactions at Polar Capital In related news, insider Gavin Rochussen sold 63,111 shares of Polar Capital stock in a transaction that occurred on Friday, July 12th.
The shares were sold at an average price of GBX 600 ($7.91), for a total value of £378,666 ($499,361.73).
Company insiders own 15.23% of the company’s stock. About Polar Capital ( Get Free Report ) Read More Receive News & Ratings for Polar Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polar Capital and related companies with MarketBeat.
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