Paragon Banking Group PLC (LON:PAG) Insider Richard Woodman Acquires 2,193 Shares

Paragon Banking Group PLC (LON:PAG) insider Richard Woodman acquired 2,193 shares of the company’s stock in a transaction dated Monday, March 31st. The shares were acquired at an average price of GBX 746 ($9.64) per share, for a total transaction of £16,359.78 ($21,136.67).

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

• On Friday, March 28th, Richard Woodman sold 21,497 shares of Paragon Banking Group stock. The stock was sold at an average price of GBX 778 ($10.05), for a total value of £167,246.66 ($216,080.96).
• On Thursday, January 30th, Richard Woodman sold 259,904 shares of Paragon Banking Group stock. The shares were sold at an average price of GBX 765 ($9.88), for a total value of £1,988,265.60 ($2,568,818.60).

Paragon Banking Group Stock Up 0.7 %

Shares of Paragon Banking Group stock opened at GBX 742 ($9.59) on Tuesday. The company has a market cap of £1.48 billion, a P/E ratio of 8.01, a PEG ratio of 0.50 and a beta of 1.52. The firm’s 50 day moving average price is GBX 759.67 and its 200-day moving average price is GBX 747.56. Paragon Banking Group PLC has a 52-week low of GBX 656 ($8.48) and a 52-week high of GBX 868 ($11.21).

Paragon Banking Group Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 7th. Stockholders of record on Thursday, February 6th were given a dividend of GBX 27.20 ($0.35) per share. The ex-dividend date was Thursday, February 6th. This is an increase from Paragon Banking Group’s previous dividend of $13.20. This represents a dividend yield of 3.64%. Paragon Banking Group’s dividend payout ratio is presently 43.17%.

Analysts Set New Price Targets

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

Paragon Banking Group Company Profile

Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small
and medium-sized businesses (‘SMEs’) and residential property developers in the UK. Founded in 1985 and listed on the
London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people.