Phoenix Group Holdings plc (LON:PHNX) Insider Purchases £154.38 in Stock

Phoenix Group Holdings plc (LON:PHNX) insider Andrew Briggs purchased 31 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was bought at an average cost of GBX 498 ($6.48) per share, with a total value of £154.38 ($200.96).

Andrew Briggs also recently made the following trade(s):

• On Monday, September 9th, Andrew Briggs purchased 26 shares of Phoenix Group stock. The stock was bought at an average cost of GBX 567 ($7.38) per share, with a total value of £147.42 ($191.90).

Phoenix Group Stock Up 0.5 %

LON PHNX opened at GBX 491 ($6.39) on Friday. The business has a fifty day moving average price of GBX 537.26 and a 200 day moving average price of GBX 525.71. Phoenix Group Holdings plc has a one year low of GBX 455.70 ($5.93) and a one year high of GBX 581.22 ($7.57). The company has a debt-to-equity ratio of 132.01, a quick ratio of 0.12 and a current ratio of 0.19. The company has a market cap of £4.91 billion, a P/E ratio of -924.69, a P/E/G ratio of 1.95 and a beta of 0.73.

Phoenix Group Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 31st. Investors of record on Thursday, October 3rd were paid a GBX 26.65 ($0.35) dividend. This represents a yield of 4.62%. The ex-dividend date of this dividend was Thursday, October 3rd. Phoenix Group’s dividend payout ratio is currently -10,000.00%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. upped their target price on Phoenix Group from GBX 505 ($6.57) to GBX 510 ($6.64) and gave the stock an “underweight” rating in a research note on Wednesday, September 18th. The Goldman Sachs Group reaffirmed a “sell” rating on shares of Phoenix Group in a research note on Wednesday, September 18th.

Phoenix Group Company Profile

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through five segments: Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other. It provides a range of savings and retirement income products to support people across various stages of the savings life cycle.