Insider Nigel S. Terrington of Paragon Banking Group PLC (LON:PAG – Get Rating) bought 3,739 shares in a trade on Wednesday, June 29. The stock was bought at an average price of 496 GBX ($6.09) per share, for a total transaction of £18,545.44 ($22,752.35).
Shares of PAG rose 1.40 GBX ($0.02) during trading hours on Wednesday, hitting 496.80 GBX ($6.09). 483,186 shares of the company were traded, against an average volume of 492,579. The stock’s 50-day moving average is 487.11 GBX and its 200-day moving average is 518 GBX. The company has a debt ratio of 351.83, a current ratio of 1.55 and a quick ratio of 1.55. The stock has a market capitalization of £1.21 billion and a price-earnings ratio of 6.39. Paragon Banking Group PLC has a 52-week low of 408.80 GBX ($5.02) and a 52-week high of 619 GBX ($7.59).
The company also recently declared a dividend, which will be paid on Friday, July 29. Shareholders of record on Thursday, July 7 will receive a dividend of GBX 9.40 ($0.12) per share. This represents a dividend yield of 2%. The ex-date of this dividend is Thursday, July 7. Paragon Banking Group’s dividend payout ratio (DPR) is currently 0.28%.
Several brokerages have recently commented on PAG. Royal Bank of Canada restated an “industry performance” rating and set a target price of GBX 560 ($6.87) on shares of Paragon Banking Group in a Thursday, March 24 report. Shore Capital reiterated a “hold” rating on Paragon Banking Group shares in a Tuesday, June 14 report. Finally, Liberum Capital raised its price target on Paragon Banking Group from GBX 630 ($7.73) to GBX 650 ($7.97) and gave the stock a “buy” rating in a Friday 1st report. april.
Paragon Banking Group Company Profile (Get a rating)
Paragon Banking Group PLC provides financial services in the UK. It operates through three segments: Mortgages, Commercial Loans and Idem Capital. The Mortgage Lending segment offers buy-to-let loans, first and second charge loans for homeowners and related businesses. The Commercial Lending segment provides SME lending, development finance, structured lending and automobile finance services.
This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]
Should you invest $1,000 in Paragon Banking Group right now?
Before you consider Paragon Banking Group, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes hold…and Paragon Banking Group was not on the list.
While Paragon Banking Group currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the 5 actions here