Rathbones Group Plc (LON:RAT) Insider Iain Cummings Buys 103 Shares

Rathbones Group Plc (LON:RATGet Free Report) insider Iain Cummings bought 103 shares of the company’s stock in a transaction on Tuesday, May 13th. The stock was bought at an average cost of GBX 1,620 ($21.56) per share, for a total transaction of £1,668.60 ($2,220.65).

Rathbones Group Trading Down 0.2%

Shares of LON:RAT opened at GBX 1,612.46 ($21.46) on Friday. The company has a market cap of £1.68 billion, a P/E ratio of 26.24, a P/E/G ratio of -26.52 and a beta of 0.65. The stock’s 50-day moving average is GBX 1,563.17 and its 200-day moving average is GBX 1,637.08. The company has a debt-to-equity ratio of 7.87, a quick ratio of 0.14 and a current ratio of 1.16. Rathbones Group Plc has a 52-week low of GBX 1,374 ($18.29) and a 52-week high of GBX 2,005 ($26.68).

Rathbones Group (LON:RATGet Free Report) last released its earnings results on Wednesday, February 26th. The company reported GBX 161.60 ($2.15) EPS for the quarter. Rathbones Group had a net margin of 7.25% and a return on equity of 4.66%. Equities research analysts predict that Rathbones Group Plc will post 174.9287749 earnings per share for the current year.

Rathbones Group Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, May 13th. Investors of record on Thursday, April 10th were given a dividend of GBX 63 ($0.84) per share. The ex-dividend date of this dividend was Thursday, April 10th. This is an increase from Rathbones Group’s previous dividend of $30.00. This represents a yield of 3.87%. Rathbones Group’s dividend payout ratio (DPR) is 143.21%.

Analysts Set New Price Targets

Several research firms have recently issued reports on RAT. Shore Capital reissued a “buy” rating on shares of Rathbones Group in a research note on Thursday, May 8th. Canaccord Genuity Group upped their price objective on shares of Rathbones Group from GBX 2,084 ($27.73) to GBX 2,087 ($27.77) and gave the company a “buy” rating in a research note on Thursday, May 1st.

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Rathbones Group Company Profile

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Insider Buying and Selling by Quarter for Rathbones Group (LON:RAT)

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