F&C Asset Management(FCAM)

Sector:

General Financial

Index:

FTSE 250

Market Cap

£457.00m

Change Today

Price Down-1.00p

Share Price

92.75p

F&C plunges on stake sale fear

Date: Thursday 10 Jul 2008

LONDON (ShareCast) - F&C Asset Management was down nearly a today as traders speculated that the firm’s second largest shareholder was dumping a large chunk of its stake.

Dawnay Day, an investment firm that owns over 26% of F&C in derivatives and shares, was said to be the seller.

Talk is that around 94 million shares, or 19% of the company, are being placed, enough to unsettle nervous shareholders.

F&C’s largest shareholder is Friends Provident with 52% of the group.

Earlier this year, the life insurer put its F&C Asset Management, Lombard and Pantheon Financial businesses up for sale, but nothing is expected to happen before the third quarter.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

FCAM Market Data

Currency UK Pounds
Share Price 92.75p Price Down
Change Today -1.00p
52 Week High 218.00
52 Week Low 92.25
Volume 76,464
Shares Issued 492.72m
Market Cap £457.00m
Beta 0.75
RiskGrade 288

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
70.38% above the market average70.38% above the market average70.38% above the market average70.38% above the market average70.38% above the market average
54.11% above the sector average54.11% above the sector average54.11% above the sector average54.11% above the sector average54.11% above the sector average
Price Trend
68.5% below the market average68.5% below the market average68.5% below the market average68.5% below the market average68.5% below the market average
57.31% below the sector average57.31% below the sector average57.31% below the sector average57.31% below the sector average57.31% below the sector average
Income
74.31% above the market average74.31% above the market average74.31% above the market average74.31% above the market average74.31% above the market average
42.55% above the sector average42.55% above the sector average42.55% above the sector average42.55% above the sector average42.55% above the sector average
Growth
69.88% below the market average69.88% below the market average69.88% below the market average69.88% below the market average69.88% below the market average
82.8% below the sector average82.8% below the sector average82.8% below the sector average82.8% below the sector average82.8% below the sector average
Price Chg 6m
69.96% below the market average69.96% below the market average69.96% below the market average69.96% below the market average69.96% below the market average
66.01% below the sector average66.01% below the sector average66.01% below the sector average66.01% below the sector average66.01% below the sector average
P/E
22.00% above the market average22.00% above the market average22.00% above the market average22.00% above the market average22.00% above the market average
0.73% above the sector average0.73% above the sector average0.73% above the sector average0.73% above the sector average0.73% above the sector average
PEG Not Available
Dividend Yield
53.08% above the market average53.08% above the market average53.08% above the market average53.08% above the market average53.08% above the market average
34.78% above the sector average34.78% above the sector average34.78% above the sector average34.78% above the sector average34.78% above the sector average
EPS Growth
67.99% below the market average67.99% below the market average67.99% below the market average67.99% below the market average67.99% below the market average
58.18% below the sector average58.18% below the sector average58.18% below the sector average58.18% below the sector average58.18% below the sector average
Operating Margin
15.81% above the market average15.81% above the market average15.81% above the market average15.81% above the market average15.81% above the market average
2.91% above the sector average2.91% above the sector average2.91% above the sector average2.91% above the sector average2.91% above the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 4
Sell 1
Strong Sell 2
Total 7
sell
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FCAM Dividends

  Latest Previous
  Interim Final
Ex-Div 10-Sep-08 09-Apr-08
Paid 17-Oct-08 16-May-08
Amount 2.00p 4.00p

Trades for 05-Sep-2008

Time Volume / Share Price
11:05 2,369 @ 92.75p
11:05 2,176 @ 92.75p
11:05 355 @ 92.75p
10:28 160 @ 92.93p
10:15 600 @ 92.50p

FCAM Key Personnel

CEO Alain Grisay
CFO David Logan

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4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).