Phillip Bentley Buys 138 Shares of Mitie Group plc (LON:MTO) Stock

Mitie Group plc (LON:MTO) insider Phillip Bentley acquired 138 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was acquired at an average cost of GBX 109 ($1.33) per share, with a total value of £150.42 ($183.64).

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

• On Friday, December 13th, Phillip Bentley purchased 136 shares of Mitie Group stock. The stock was acquired at an average cost of GBX 110 ($1.34) per share, with a total value of £149.60 ($182.64).
• On Thursday, November 21st, Phillip Bentley acquired 200,000 shares of Mitie Group stock. The shares were bought at an average cost of GBX 109 ($1.33) per share, for a total transaction of £218,000 ($266,145.77).
• 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 ($1.43), for a total value of £5,557,500 ($6,784,885.85).

Mitie Group Price Performance

MTO opened at GBX 107.80 ($1.32) on Wednesday. The company has a debt-to-equity ratio of 67.87, a current ratio of 0.93 and a quick ratio of 0.83. The stock’s 50 day simple moving average is GBX 109.99 and its 200 day simple moving average is GBX 116.32. The firm has a market cap of £1.34 billion, a price-to-earnings ratio of 1,197.78, a PEG ratio of 10.10 and a beta of 1.41. Mitie Group plc has a 1 year low of GBX 95 ($1.16) and a 1 year high of GBX 127 ($1.55).

Mitie Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, February 4th. Stockholders of record on Thursday, December 19th will be issued a GBX 1.30 ($0.02) dividend. This represents a dividend yield of 1.17%. The ex-dividend date of this dividend is Thursday, December 19th. Mitie Group’s dividend payout ratio is 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.