Polar Capital Holdings plc (LON:POLR) declared a dividend on Monday, November 25th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 19th will be given a dividend of GBX 8 ($0.10) per share on Friday, January 10th. This represents a dividend yield of 1.52%. The ex-dividend date is Thursday, December 19th. The official announcement can be accessed at this link.
Shares of Polar Capital stock traded down GBX 20 ($0.26) during trading hours on Monday, reaching GBX 526 ($6.87). 39,020 shares of the company’s stock were exchanged, compared to its average volume of 36,972. The company has a 50 day moving average of GBX 521.28 and a two-hundred day moving average of GBX 550.40. Polar Capital has a fifty-two week low of GBX 447 ($5.84) and a fifty-two week high of GBX 628 ($8.21). The stock has a market cap of $507.40 million and a P/E ratio of 9.81.
A number of equities analysts have recently commented on POLR shares. Peel Hunt restated a “buy” rating on shares of Polar Capital in a research note on Monday. Shore Capital restated a “buy” rating on shares of Polar Capital in a research note on Monday. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 710 ($9.28) target price on shares of Polar Capital in a research note on Thursday, October 10th.
Polar Capital Holdings plc is a publicly owned investment manager. The firm provides its services to professional and institutional investors. It launches and manages equity and balanced mutual funds. The firm also launches and manages hedge funds for its clients. Polar Capital Holdings plc was founded in December 2000 and is based in London, United Kingdom with an additional office in Tokyo, Japan.
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