Investec Group (LON:INVP) Hits New 12-Month High at $574.00

Shares of Investec Group (LON:INVP) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 574 ($7.29) and last traded at GBX 572 ($7.27), with a volume of 1202079 shares. The stock had previously closed at GBX 546 ($6.94).

Investec Group Stock Performance

The company has a market cap of £3.71 billion, a PE ratio of 747.95, a price-to-earnings-growth ratio of 0.67 and a beta of 1.09. The company’s 50 day moving average price is GBX 527.61 and its 200-day moving average price is GBX 520.09.

Investec Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 6th. Investors of record on Thursday, August 22nd will be paid a GBX 19 ($0.24) dividend. This represents a yield of 3.43%. This is a positive change from Investec Group’s previous dividend of $15.50. The ex-dividend date is Thursday, August 22nd. Investec Group’s payout ratio is currently 4,520.55%.

Insider Activity at Investec Group

In related news, insider Fani Titi sold 53,846 shares of Investec Group stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of GBX 520 ($6.61), for a total value of £279,999.20 ($355,780.43). In other news, insider Nishlan Samujh sold 81,335 shares of the business’s stock in a transaction on Friday, May 31st. The shares were sold at an average price of GBX 516 ($6.56), for a total transaction of £419,688.60 ($533,276.49). Also, insider Fani Titi sold 53,846 shares of the business’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of GBX 520 ($6.61), for a total transaction of £279,999.20 ($355,780.43). 5.10% of the stock is owned by company insiders.

Investec Group Company Profile

Investec Group provides various financial products and services in the United Kingdom, South Africa, and internationally. The company offers wealth and investment products and services, including portfolio management, wealth management, fund management, and custody related services; discretionary wealth management, financial planning, stockbroking, and investment advisory services for private clients, charities, and trusts.