Insider Buying: Personal Group Holdings Plc (LON:PGH) Insider Purchases £750.69 in Stock

Personal Group Holdings Plc (LON:PGH) insider Ciaran Astin bought 439 shares of the firm’s stock in a transaction on Wednesday, November 13th. The stock was acquired at an average cost of GBX 171 ($2.16) per share, with a total value of £750.69 ($946.05).

Personal Group Stock Up 1.5 %

PGH stock opened at GBX 201 ($2.53) on Friday. The company has a debt-to-equity ratio of 3.52, a current ratio of 2.39 and a quick ratio of 2.78. The stock has a market capitalization of £62.61 million, a P/E ratio of 1,442.86 and a beta of 0.46. The business has a 50-day moving average of GBX 180.74 and a 200-day moving average of GBX 172.35. Personal Group Holdings Plc has a fifty-two week low of GBX 145.02 ($1.83) and a fifty-two week high of GBX 210 ($2.65).

Personal Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, October 3rd were given a dividend of GBX 6.50 ($0.08) per share. This is a boost from Personal Group’s previous dividend of $5.85. This represents a dividend yield of 3.99%. The ex-dividend date was Thursday, October 3rd. Personal Group’s dividend payout ratio is currently 8,571.43%.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group assumed coverage on Personal Group in a research note on Tuesday, September 24th. They issued a “buy” rating and a GBX 209 ($2.63) target price for the company.

About Personal Group

Personal Group Holdings Plc provides benefits and platform products, pay and reward consultancy services, and salary sacrifice technology products in the United Kingdom. It operates through four segments: Affordable Insurance, Other Owned Benefits, Benefits Platform, and Pay and Reward. The company offers insurance products, including hospital plans, convalescence plans, and death benefit policies; and consultancy and software solutions services on pay and reward services, as well as a suite of cloud-based SaaS solutions and surveys.