Insider Selling: Paragon Banking Group PLC (LON:PAG) Insider Sells 259,904 Shares of Stock

Paragon Banking Group PLC (LON:PAG) insider Richard Woodman sold 259,904 shares of Paragon Banking Group stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of GBX 765 ($9.50), for a total value of £1,988,265.60 ($2,469,281.67).

Richard Woodman also recently made the following trade(s):

• On Friday, December 20th, Richard Woodman purchased 2,241 shares of Paragon Banking Group stock. The shares were purchased at an average price of GBX 730 ($9.07) per share, with a total value of £16,359.30 ($20,317.06).

Paragon Banking Group Stock Up 4.9 %

Shares of PAG stock traded up GBX 37.50 ($0.47) on Friday, reaching GBX 803.50 ($9.98). 1,241,232 shares of the company were exchanged, compared to its average volume of 515,547. Paragon Banking Group PLC has a one year low of GBX 623.50 ($7.74) and a one year high of GBX 868 ($10.78). The company has a market cap of £1.63 billion, a price-to-earnings ratio of 1,217.42, a PEG ratio of 0.50 and a beta of 1.52. The company has a 50-day moving average of GBX 746.41 and a 200-day moving average of GBX 749.93. The company has a debt-to-equity ratio of 168.79, a current ratio of 1.21 and a quick ratio of 1.48.

Paragon Banking Group (LON:PAG) last announced its quarterly earnings results on Tuesday, December 3rd. The company reported GBX 101.10 ($1.26) earnings per share (EPS) for the quarter. Paragon Banking Group had a return on equity of 14.43% and a net margin of 42.60%. Analysts anticipate that Paragon Banking Group PLC will post 104.0245566 earnings per share for the current year.

Paragon Banking Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 6th will be paid a GBX 27.20 ($0.34) dividend. This represents a dividend yield of 3.64%. This is a positive change from Paragon Banking Group’s previous dividend of $13.20. The ex-dividend date of this dividend is Thursday, February 6th. Paragon Banking Group’s dividend payout ratio (DPR) is 6,060.61%.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of Paragon Banking Group in a research report on Wednesday, December 4th.

About Paragon Banking Group

Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; and provides development finance, motor finance, structured lending, and other products.