Rathbones Group Plc (LON:RAT) Insider Dharmash Mistry Sells 2,500 Shares

Rathbones Group Plc (LON:RAT) insider Dharmash Mistry sold 2,500 shares of the stock in a transaction on Thursday, October 24th. The shares were sold at an average price of GBX 1,742 ($22.62), for a total value of £43,550 ($56,543.75).

Rathbones Group Stock Up 0.5 %

Shares of Rathbones Group stock opened at GBX 1,740 ($22.59) on Friday. Rathbones Group Plc has a twelve month low of GBX 1,436 ($18.64) and a twelve month high of GBX 2,005 ($26.03). The company has a quick ratio of 0.14, a current ratio of 1.16 and a debt-to-equity ratio of 7.87. The company’s 50 day moving average is GBX 1,799.58 and its 200 day moving average is GBX 1,758.88. The company has a market cap of £1.50 billion, a price-to-earnings ratio of 2,852.46, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65.

Rathbones Group Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, October 1st. Stockholders of record on Thursday, September 5th were paid a GBX 30 ($0.39) dividend. This is an increase from Rathbones Group’s previous dividend of $24.00. This represents a dividend yield of 1.68%. The ex-dividend date of this dividend was Thursday, September 5th. Rathbones Group’s dividend payout ratio (DPR) is 14,426.23%.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “buy” rating on shares of Rathbones Group in a research report on Wednesday, August 7th.

About Rathbones Group

Rathbones Group Plc, together with its subsidiaries, provides individual wealth management, asset management, and related services for private clients, charities, trustees, and professional partners in the United Kingdom, Channel Island, and internationally. The company operates through two segments, Wealth Management and Asset Management.