Kenneth Ernest Davy Purchases 100,000 Shares of Fintel Plc (LON:FNTL) Stock

Fintel Plc (LON:FNTL) insider Kenneth Ernest Davy acquired 100,000 shares of the company’s stock in a transaction on Wednesday, April 2nd. The stock was acquired at an average price of GBX 227 ($2.93) per share, for a total transaction of £227,000 ($292,827.66).

Fintel Stock Performance

Shares of FNTL stock opened at GBX 218 ($2.81) on Friday. Fintel Plc has a 52-week low of GBX 216 ($2.79) and a 52-week high of GBX 329 ($4.24). The stock’s 50-day moving average price is GBX 262.15 and its 200 day moving average price is GBX 270.27. The company has a quick ratio of 0.85, a current ratio of 0.75 and a debt-to-equity ratio of 17.73. The stock has a market capitalization of £228.87 million, a PE ratio of 39.09 and a beta of 1.17.

Fintel (LON:FNTL) last released its quarterly earnings results on Tuesday, March 18th. The company reported GBX 13.20 ($0.17) EPS for the quarter. Fintel had a return on equity of 5.86% and a net margin of 8.56%. As a group, equities research analysts forecast that Fintel Plc will post 13.91258 EPS for the current year.

Fintel Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 22nd will be given a dividend of GBX 2.45 ($0.03) per share. This represents a dividend yield of 0.99%. This is an increase from Fintel’s previous dividend of $1.20. The ex-dividend date is Thursday, May 22nd. Fintel’s dividend payout ratio (DPR) is presently 71.73%.

Fintel Company Profile

Fintel is a UK fintech and support services business, combining the award-winning intermediary business support services, and the leading research, ratings and fintech businesses.

Fintel provides technology, compliance and regulatory support to thousands of intermediary businesses, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions.