Rathbones Group Plc (LON:RAT) Insider Purchases £162.54 in Stock

Rathbones Group Plc (LON:RAT) insider Iain Hooley purchased 9 shares of Rathbones Group stock in a transaction dated Wednesday, September 4th. The shares were bought at an average price of GBX 1,806 ($23.75) per share, with a total value of £162.54 ($213.73).

Iain Hooley also recently made the following trade(s):

• On Thursday, July 4th, Iain Hooley purchased 8 shares of Rathbones Group stock. The stock was purchased at an average price of GBX 1,728 ($22.72) per share, for a total transaction of £138.24 ($181.78).

Rathbones Group Stock Performance

Rathbones Group stock opened at GBX 1,748 ($22.98) on Friday. The company has a market capitalization of £1.59 billion, a PE ratio of 2,865.57, a P/E/G ratio of -26.52 and a beta of 0.65. The company has a 50 day moving average price of GBX 1,807.62 and a 200-day moving average price of GBX 1,699.78. The company has a debt-to-equity ratio of 7.87, a quick ratio of 0.14 and a current ratio of 1.16. Rathbones Group Plc has a fifty-two week low of GBX 1,436 ($18.88) and a fifty-two week high of GBX 2,005 ($26.36).

Rathbones Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, October 1st. Investors of record on Thursday, September 5th will be given a GBX 30 ($0.39) dividend. This is a positive change from Rathbones Group’s previous dividend of $24.00. This represents a dividend yield of 1.68%. The ex-dividend date is Thursday, September 5th. Rathbones Group’s dividend payout ratio (DPR) is presently 14,426.23%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “buy” rating on shares of Rathbones Group in a research report on Wednesday, August 7th.

Rathbones Group Company Profile

Rathbones Group Plc, together with its subsidiaries, provides individual wealth management, asset management, and related services for private clients, charities, trustees, and professional partners in the United Kingdom, Channel Island, and internationally. The company operates through two segments, Wealth Management and Asset Management.