Insider Selling: Intermediate Capital Group plc (LON: ICP) Insider sells 7,121 shares

Intermediate Capital Group plc (LON:ICP – Get a rating) insider Antje Hensel-Roth sold 7,121 shares of Intermediate Capital Group in a trade that took place on Wednesday, June 1. The shares were sold at an average price of 1,541 GBX ($19.50), for a total transaction of £109,734.61 ($138,834.27).

Shares of LON ICP opened at 1,591.50 GBX ($20.14) on Monday. Intermediate Capital Group plc has a 12-month low of 1,285 GBX ($16.26) and a 12-month high of 2,493 GBX ($31.54). The company has a fifty-day simple moving average of 1,571.28 GBX and a 200-day simple moving average of 1,805.62 GBX. The company has a market capitalization of £4.56 billion and a PE ratio of 8.51. The company has a quick ratio of 1.59, a current ratio of 1.88 and a debt ratio of 93.34.

The company also recently announced a dividend, which will be paid on Friday, August 5. Investors of record on Thursday, June 16 will receive a dividend of GBX 57.30 ($0.72) per share. This represents a return of 3.93%. The ex-dividend date is Thursday, June 16. This is an increase from Intermediate Capital Group’s previous dividend of $18.70. Intermediate Capital Group’s dividend payout ratio (DPR) is currently 0.32%.

PKI has been the subject of a number of reports by research analysts. Royal Bank of Canada lowered its price target on Intermediate Capital Group shares from 2,885 GBX ($36.50) to 2,700 GBX ($34.16) and set an “overweight” rating for the action in a Monday, May 30 research report. Shore Capital reiterated a “hold” rating on Intermediate Capital Group shares in a Thursday, May 26, report. Finally, Barclays reiterated an “overweight” rating and set a price target of 2,545 GBX ($32.20) on Intermediate Capital Group shares in a Monday, May 23 report. One investment analyst has assigned the stock a hold rating and four have assigned the stock a buy rating. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of 2,666 GBX ($33.73).

About Intermediate Capital Group (Get a rating)

Intermediate Capital Group plc is a private equity firm specializing in direct and fund-of-funds investments. Within direct, he 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-private transactions with or without private equity, leveraged financing and acquisition, leveraged finance, partnership equity, management buyouts and management buyouts, secondary investments, development capital, financing of listed companies, off-balance sheet financing, refinancing and recapitalizations and pre-IPO financing.

Read more

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Intermediate Capital Group right now?

Before you consider Intermediate Capital Group, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Intermediate Capital Group was not on the list.

Although Intermediate Capital Group currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here