London Stock Exchange Group (LON:LSEG) Hits New 1-Year High at $9,504.00

London Stock Exchange Group plc (LON:LSEG) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 9,504 ($120.99) and last traded at GBX 9,400 ($119.67), with a volume of 962304 shares traded. The stock had previously closed at GBX 9,407.49 ($119.76).

Analyst Ratings Changes

Separately, Citigroup reissued a “top pick” rating on shares of London Stock Exchange Group in a research report on Wednesday, January 31st. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of £100.44 ($127.87).

London Stock Exchange Group Stock Up 0.0 %

The company has a 50-day moving average of GBX 9,054.08 and a 200-day moving average of GBX 8,767.23. The company has a market capitalization of £49.14 billion, a price-to-earnings ratio of 7,866.67, a price-to-earnings-growth ratio of 3.05 and a beta of 0.33. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 37.70.

London Stock Exchange Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 22nd. Investors of record on Thursday, April 18th will be given a dividend of GBX 79.30 ($1.01) per share. This is a positive change from London Stock Exchange Group’s previous dividend of $35.70. This represents a yield of 0.89%. The ex-dividend date of this dividend is Thursday, April 18th. London Stock Exchange Group’s dividend payout ratio is currently 9,583.33%.

Insider Activity at London Stock Exchange Group

In related news, insider David Schwimmer sold 4,563 shares of the company’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of GBX 9,247 ($117.72), for a total transaction of £421,940.61 ($537,161.82). In other news, insider David Schwimmer sold 4,563 shares of the stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of GBX 9,247 ($117.72), for a total value of £421,940.61 ($537,161.82). Also, insider Cressida Hogg acquired 533 shares of the business’s stock in a transaction dated Tuesday, March 19th. The stock was purchased at an average cost of GBX 9,410 ($119.80) per share, for a total transaction of £50,155.30 ($63,851.43). 7.66% of the stock is currently owned by corporate insiders.

About London Stock Exchange Group

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.