Media stories about Investment Technology Group (NYSE:ITG) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Investment Technology Group earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.8864647340887 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- INVESTMENT TECHNOLOGY GROUP : ex-dividend day (4-traders.com)
- Investment Technology Group, Inc. (ITG) Ex-Dividend Date Scheduled for August … (nasdaq.com)
- Reviewing Moelis & (MC) and Investment Technology Group (ITG) (americanbankingnews.com)
- Investment Technology Group, Inc. :ITG-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017 (finance.yahoo.com)
- Critical Analysis: Investment Technology Group (NYSE:ITG) & TD Ameritrade Holding Corporation (AMTD) (americanbankingnews.com)
Shares of Investment Technology Group (NYSE:ITG) traded down 0.45% on Friday, reaching $20.09. 141,204 shares of the company traded hands. The stock’s market cap is $665.48 million. Investment Technology Group has a 52-week low of $15.04 and a 52-week high of $22.69. The stock has a 50 day moving average of $21.32 and a 200 day moving average of $20.54.
Investment Technology Group (NYSE:ITG) last announced its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by $0.04. The firm had revenue of $121.60 million during the quarter, compared to analyst estimates of $124 million. Investment Technology Group had a negative net margin of 1.77% and a positive return on equity of 3.08%. The business’s revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.02) EPS. On average, analysts expect that Investment Technology Group will post $0.59 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Tuesday, August 22nd will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date is Friday, August 18th. Investment Technology Group’s dividend payout ratio is currently -107.69%.
ITG has been the topic of a number of recent research reports. Zacks Investment Research downgraded shares of Investment Technology Group from a “buy” rating to a “hold” rating in a report on Tuesday, June 27th. ValuEngine upgraded shares of Investment Technology Group from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. BidaskClub upgraded shares of Investment Technology Group from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Finally, TheStreet upgraded shares of Investment Technology Group from a “c” rating to a “b-” rating in a report on Wednesday, August 2nd. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $22.50.
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About Investment Technology Group
Investment Technology Group, Inc (ITG) is a financial technology company that helps brokers and asset managers improve returns for investors around the world. The Company operates through four segments: U.S. Operations, Canadian Operations, European Operations and Asia Pacific Operations. These four segments provide categories of products and services, such as Execution Services, Workflow Technology and Analytics.
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