Michel-Alain Proch Acquires 2,000 Shares of London Stock Exchange Group plc (LON:LSEG) Stock

London Stock Exchange Group plc (LON:LSEG) insider Michel-Alain Proch acquired 2,000 shares of London Stock Exchange Group stock in a transaction that occurred on Friday, May 3rd. The stock was acquired at an average cost of GBX 9,154 ($115.00) per share, for a total transaction of £183,080 ($230,000.00).

London Stock Exchange Group Stock Down 1.4 %

Shares of LON:LSEG opened at GBX 9,180 ($115.33) on Thursday. The business’s 50 day simple moving average is GBX 9,231.57 and its two-hundred day simple moving average is GBX 9,006.59. The firm has a market cap of £48.77 billion, a P/E ratio of 6,715.94, a PEG ratio of 2.98 and a beta of 0.33. The company has a debt-to-equity ratio of 37.70, a quick ratio of 0.01 and a current ratio of 1.00. London Stock Exchange Group plc has a 52-week low of GBX 7,784 ($97.79) and a 52-week high of GBX 9,696 ($121.81).

London Stock Exchange Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Thursday, April 18th will be paid a GBX 79.30 ($1.00) dividend. The ex-dividend date is Thursday, April 18th. This is an increase from London Stock Exchange Group’s previous dividend of $35.70. This represents a dividend yield of 0.89%. London Stock Exchange Group’s dividend payout ratio is 8,333.33%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on LSEG shares. Citigroup reiterated a “top pick” rating on shares of London Stock Exchange Group in a research report on Wednesday, January 31st. Berenberg Bank reissued a “buy” rating and issued a £110 ($138.19) price objective on shares of London Stock Exchange Group in a research report on Thursday, April 25th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, London Stock Exchange Group presently has a consensus rating of “Buy” and a consensus target price of £101.64 ($127.69).

About London Stock Exchange Group

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.