Paragon Banking Group PLC (LON:PAG) Insider Graeme Yorston Acquires 458 Shares

Paragon Banking Group PLC (LON:PAG) insider Graeme Yorston acquired 458 shares of Paragon Banking Group stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average price of GBX 717 ($9.30) per share, with a total value of £3,283.86 ($4,258.67).

Paragon Banking Group Stock Performance

Shares of LON:PAG opened at GBX 722 ($9.36) on Thursday. The stock has a market capitalization of £1.44 billion, a price-to-earnings ratio of 7.79, a PEG ratio of 0.50 and a beta of 1.52. The stock’s 50-day simple moving average is GBX 751.31 and its two-hundred day simple moving average is GBX 749.45. Paragon Banking Group PLC has a 52-week low of GBX 648.50 ($8.41) and a 52-week high of GBX 868 ($11.26).

Paragon Banking Group Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 7th. Shareholders of record on Thursday, February 6th were given a GBX 27.20 ($0.35) dividend. This represents a yield of 3.64%. This is a boost from Paragon Banking Group’s previous dividend of $13.20. The ex-dividend date of this dividend was Thursday, February 6th. Paragon Banking Group’s dividend payout ratio (DPR) is presently 43.17%.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of Paragon Banking Group in a report 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.