Serco Group plc (LON:SRP) Insider Sells £294,748.38 in Stock

Serco Group plc (LON:SRP) insider Nigel Crossley sold 192,646 shares of the firm’s stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of GBX 153 ($1.99), for a total transaction of £294,748.38 ($382,591.36).

Nigel Crossley also recently made the following trade(s):

• On Friday, March 28th, Nigel Crossley sold 45,409 shares of Serco Group stock. The stock was sold at an average price of GBX 157 ($2.04), for a total transaction of £71,292.13 ($92,539.11).

Serco Group Stock Performance

Shares of SRP opened at GBX 157.20 ($2.04) on Friday. Serco Group plc has a 12-month low of GBX 136.20 ($1.77) and a 12-month high of GBX 196.40 ($2.55). The company has a current ratio of 0.91, a quick ratio of 0.98 and a debt-to-equity ratio of 62.40. The company has a market cap of £1.59 billion, a PE ratio of 12.24, a price-to-earnings-growth ratio of 3.06 and a beta of 0.38. The stock has a 50-day moving average price of GBX 159.71 and a 200-day moving average price of GBX 160.76.

Serco Group (LON:SRP) last posted its quarterly earnings data on Thursday, February 27th. The company reported GBX 16.67 ($0.22) earnings per share (EPS) for the quarter. Serco Group had a net margin of 2.87% and a return on equity of 13.70%. As a group, equities analysts forecast that Serco Group plc will post 17.552759 earnings per share for the current fiscal year.

Serco Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 9th. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 2.82 ($0.04) per share. The ex-dividend date is Thursday, April 10th. This is a positive change from Serco Group’s previous dividend of $1.34. This represents a dividend yield of 1.77%. Serco Group’s dividend payout ratio is 31.16%.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “hold” rating on shares of Serco Group in a report on Friday, February 7th.

Serco Group Company Profile