Impax Asset Management Group Plc (LON:IPX) Insider Ian Simm Sells 16,667 Shares of Stock

Impax Asset Management Group Plc (LON:IPXGet Free Report) insider Ian Simm sold 16,667 shares of Impax Asset Management Group stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of GBX 522 ($6.54), for a total transaction of £87,001.74 ($109,065.74).

Impax Asset Management Group Stock Down 3.0 %

Impax Asset Management Group stock opened at GBX 522 ($6.54) on Thursday. The firm has a market capitalization of £669.83 million, a PE ratio of 1,740.00, a P/E/G ratio of 5.05 and a beta of 1.50. The company has a debt-to-equity ratio of 6.53, a current ratio of 3.15 and a quick ratio of 2.26. The company’s 50-day moving average is GBX 522.67 and its 200-day moving average is GBX 490.31. Impax Asset Management Group Plc has a fifty-two week low of GBX 350 ($4.39) and a fifty-two week high of GBX 891 ($11.17).

Impax Asset Management Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 22nd. Investors of record on Thursday, February 8th will be issued a dividend of GBX 22.90 ($0.29) per share. This is an increase from Impax Asset Management Group’s previous dividend of $4.70. The ex-dividend date is Thursday, February 8th. This represents a dividend yield of 5.08%. Impax Asset Management Group’s payout ratio is presently 9,333.33%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lowered their price objective on shares of Impax Asset Management Group from GBX 1,000 ($12.54) to GBX 700 ($8.78) and set a “buy” rating on the stock in a research note on Wednesday, November 29th.

Get Our Latest Stock Report on IPX

About Impax Asset Management Group

(Get Free Report)

Impax Asset Management Group plc is a publicly owned investment manager. Through its subsidiaries, it provides investment services to funds specializing in the environmental markets sector, with a focus on alternative energy, water, and waste sectors, primarily in the United Kingdom. It manages a range of funds and segregated accounts on behalf of institutional and private investors.

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