Tatton Asset Management (LON:TAM) Trading 1.2% Higher – Time to Buy?

Tatton Asset Management plc (LON:TAMGet Free Report) rose 1.2% on Tuesday . The company traded as high as GBX 675.76 ($8.41) and last traded at GBX 670 ($8.34). Approximately 21,982 shares were traded during trading, a decline of 62% from the average daily volume of 58,127 shares. The stock had previously closed at GBX 662 ($8.24).

Tatton Asset Management Stock Up 1.2 %

The company has a debt-to-equity ratio of 2.83, a quick ratio of 3.50 and a current ratio of 3.70. The company has a fifty day simple moving average of GBX 679.10 and a two-hundred day simple moving average of GBX 690.39. The firm has a market capitalization of £401.00 million, a PE ratio of 3,190.48, a PEG ratio of 1.91 and a beta of 1.03.

Tatton Asset Management (LON:TAMGet Free Report) last released its quarterly earnings data on Wednesday, November 13th. The company reported GBX 14.29 ($0.18) earnings per share for the quarter. Tatton Asset Management had a net margin of 36.46% and a return on equity of 30.36%. Analysts forecast that Tatton Asset Management plc will post 26.0903733 EPS for the current fiscal year.

Tatton Asset Management Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 21st were paid a dividend of GBX 9.50 ($0.12) per share. The ex-dividend date of this dividend was Thursday, November 21st. This is an increase from Tatton Asset Management’s previous dividend of $8.00. This represents a dividend yield of 1.34%. Tatton Asset Management’s dividend payout ratio (DPR) is currently 7,619.05%.

Insider Buying and Selling

In related news, insider Paul Edwards sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of GBX 680 ($8.47), for a total transaction of £34,000 ($42,335.95). 28.70% of the stock is currently owned by insiders.

About Tatton Asset Management

(Get Free Report)

Tatton Asset Management plc provides fund management, compliance consultancy, and technical support services to independent financial advisers in the United Kingdom. The company operates through two segments, Tatton and Paradigm. It also offers investment management, mortgage adviser support, and mortgage and insurance product distribution services.

Further Reading

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