Paragon Banking Group PLC (LON:PAG) Insider Sells £1,988,265.60 in Stock

by · The Markets Daily

Paragon Banking Group PLC (LON:PAG – Get Free Report) insider Richard Woodman sold 259,904 shares of the company’s stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of GBX 765 ($9.50), for a total transaction of £1,988,265.60 ($2,469,281.67).

Richard Woodman also recently made the following trade(s):

  • On Friday, December 20th, Richard Woodman bought 2,241 shares of Paragon Banking Group stock. The stock was purchased at an average price of GBX 730 ($9.07) per share, with a total value of £16,359.30 ($20,317.06).

Paragon Banking Group Price Performance

LON:PAG traded up GBX 37.50 ($0.47) during trading hours on Friday, hitting GBX 803.50 ($9.98). The company’s stock had a trading volume of 1,241,232 shares, compared to its average volume of 515,547. Paragon Banking Group PLC has a twelve month low of GBX 623.50 ($7.74) and a twelve month high of GBX 868 ($10.78). The company has a debt-to-equity ratio of 168.79, a current ratio of 1.21 and a quick ratio of 1.48. The stock has a fifty day simple moving average of GBX 746.41 and a 200-day simple moving average of GBX 749.93. The company has a market capitalization of £1.63 billion, a P/E ratio of 1,217.42, a PEG ratio of 0.50 and a beta of 1.52.

Paragon Banking Group (LON:PAG – Get Free Report) last posted its quarterly earnings results on Tuesday, December 3rd. The company reported GBX 101.10 ($1.26) earnings per share for the quarter. Paragon Banking Group had a net margin of 42.60% and a return on equity of 14.43%. On average, analysts anticipate that Paragon Banking Group PLC will post 104.0245566 EPS for the current fiscal year.

Paragon Banking Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 6th will be issued a dividend of GBX 27.20 ($0.34) per share. The ex-dividend date is Thursday, February 6th. This is an increase from Paragon Banking Group’s previous dividend of $13.20. This represents a dividend yield of 3.64%. Paragon Banking Group’s dividend payout ratio is 6,060.61%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “buy” rating on shares of Paragon Banking Group in a research report on Wednesday, December 4th.

Read Our Latest Analysis on Paragon Banking Group

Paragon Banking Group Company Profile

(Get Free Report)

Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; and provides development finance, motor finance, structured lending, and other products.

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