Phillip Bentley Acquires 136 Shares of Mitie Group plc (LON:MTO) Stock

Mitie Group plc (LON:MTO) insider Phillip Bentley acquired 136 shares of the business’s stock in a transaction on Friday, December 13th. The shares were purchased at an average price of GBX 110 ($1.40) per share, with a total value of £149.60 ($190.19).

Phillip Bentley also recently made the following trade(s):

• On Thursday, November 21st, Phillip Bentley purchased 200,000 shares of Mitie Group stock. The stock was purchased at an average cost of GBX 109 ($1.39) per share, for a total transaction of £218,000 ($277,142.13).
• On Wednesday, October 16th, Phillip Bentley sold 4,750,000 shares of Mitie Group stock. The shares were sold at an average price of GBX 117 ($1.49), for a total value of £5,557,500 ($7,065,217.39).

Mitie Group Trading Down 0.4 %

Shares of MTO opened at GBX 109.60 ($1.39) on Wednesday. Mitie Group plc has a 52-week low of GBX 93 ($1.18) and a 52-week high of GBX 127 ($1.61). The stock has a market cap of £1.36 billion, a PE ratio of 1,224.44, a price-to-earnings-growth ratio of 10.10 and a beta of 1.41. The firm’s fifty day moving average is GBX 113.70 and its two-hundred day moving average is GBX 117.59. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 67.87.

Mitie Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, February 4th. Investors of record on Thursday, December 19th will be given a dividend of GBX 1.30 ($0.02) per share. The ex-dividend date of this dividend is Thursday, December 19th. This represents a yield of 1.17%. Mitie Group’s payout ratio is presently 4,444.44%.

About Mitie Group

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.