H&T Group plc (LON:HAT – Get Free Report) shares rose 6% during trading on Friday . The company traded as high as GBX 390 ($5.14) and last traded at GBX 390 ($5.14). Approximately 18,882 shares changed hands during trading, a decline of 75% from the average daily volume of 74,628 shares. The stock had previously closed at GBX 368 ($4.85).
Analysts Set New Price Targets
HAT has been the topic of a number of recent research reports. Canaccord Genuity Group started coverage on H&T Group in a research note on Tuesday, August 20th. They issued a “buy” rating and a GBX 531 ($7.00) target price on the stock. Shore Capital reissued a “house stock” rating on shares of H&T Group in a research note on Tuesday, August 20th.
Check Out Our Latest Report on H&T Group
H&T Group Price Performance
H&T Group Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, October 4th. Shareholders of record on Thursday, September 5th will be paid a dividend of GBX 7 ($0.09) per share. This represents a yield of 1.67%. The ex-dividend date of this dividend is Thursday, September 5th. H&T Group’s payout ratio is currently 3,541.67%.
Insider Buying and Selling at H&T Group
In other H&T Group news, insider Simon Walker bought 9,965 shares of the business’s stock in a transaction on Monday, June 10th. The shares were purchased at an average price of GBX 387 ($5.10) per share, with a total value of £38,564.55 ($50,856.59). 10.42% of the stock is owned by company insiders.
H&T Group Company Profile
H&T Group plc, together with its subsidiaries, primarily provides pawnbroking services in the United Kingdom and internationally. It operates through seven segments: Pawnbroking, Gold Purchasing, Retail, Pawnbroking Scrap, Personal Loans, Foreign Exchange, and Other Services. The company offers personal loans; and gold purchasing, cheque cashing, unsecured lending, buyback, foreign exchange currency, and money wire transfer services, as well as engages in the retail of new and pre-owned jewelry and watches.
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