Richard Woodman Acquires 2,241 Shares of Paragon Banking Group PLC (LON:PAG) Stock

Paragon Banking Group PLC (LON:PAG) insider Richard Woodman acquired 2,241 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was purchased at an average price of GBX 730 ($9.17) per share, with a total value of £16,359.30 ($20,559.63).

Paragon Banking Group Stock Down 0.2 %

PAG opened at GBX 735.50 ($9.24) on Friday. The company has a 50 day moving average of GBX 739.55 and a 200 day moving average of GBX 753.12. The company has a current ratio of 1.21, a quick ratio of 1.48 and a debt-to-equity ratio of 168.79. Paragon Banking Group PLC has a 12 month low of GBX 623.50 ($7.84) and a 12 month high of GBX 868 ($10.91). The company has a market cap of £1.49 billion, a PE ratio of 1,114.39, a price-to-earnings-growth ratio of 0.50 and a beta of 1.52.

Paragon Banking Group Increases Dividend

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

Analyst Upgrades and Downgrades

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

About Paragon Banking Group

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.