Personal Group (LON:PGH) Issues Earnings Results

Personal Group (LON:PGH) announced its earnings results on Tuesday. The company reported GBX 17.70 ($0.23) earnings per share for the quarter, Digital Look Earnings reports. Personal Group had a return on equity of 14.40% and a net margin of 13.49%.

Personal Group Trading Up 3.3 %

Shares of LON:PGH traded up GBX 7.92 ($0.10) during midday trading on Thursday, hitting GBX 247.92 ($3.19). 65,672 shares of the stock were exchanged, compared to its average volume of 29,380. Personal Group has a twelve month low of GBX 152 ($1.96) and a twelve month high of GBX 248 ($3.19). The stock has a market cap of £76.42 million, a P/E ratio of 16.63 and a beta of 0.46. The company has a 50 day moving average price of GBX 206.25 and a 200-day moving average price of GBX 193.22.

Personal Group Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 14th. Investors of record on Thursday, April 3rd will be issued a GBX 10 ($0.13) dividend. The ex-dividend date is Thursday, April 3rd. This represents a dividend yield of 4.31%. This is a boost from Personal Group’s previous dividend of $6.50. Personal Group’s dividend payout ratio is currently 80.50%.

Analyst Ratings Changes

Separately, Canaccord Genuity Group boosted their price target on shares of Personal Group from GBX 209 ($2.69) to GBX 316 ($4.07) and gave the stock a “buy” rating in a research note on Tuesday.

Personal Group Company Profile

Personal Group Holdings Plc (AIM: PGH) is a workforce benefits and health insurance provider. Its vision is to be the champion of affordable and accessible insurance and benefits, keeping businesses and their employees happy, healthy and protected. The Group is proud to support the health and wellbeing of c.