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

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

Rathbones Group Trading Down 1.1 %

Shares of RAT stock opened at GBX 1,732 ($22.49) on Friday. Rathbones Group Plc has a 1-year low of GBX 1,436 ($18.64) and a 1-year high of GBX 2,005 ($26.03). The company has a debt-to-equity ratio of 7.87, a current ratio of 1.16 and a quick ratio of 0.14. The firm has a market capitalization of £1.49 billion, a PE ratio of 2,839.34, a P/E/G ratio of -26.52 and a beta of 0.65. The business’s fifty day moving average price is GBX 1,805.50 and its 200 day moving average price is GBX 1,757.66.

Rathbones Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, October 1st. Investors 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 yield of 1.68%. The ex-dividend date was Thursday, September 5th. Rathbones Group’s dividend payout ratio (DPR) is presently 14,426.23%.

Wall Street Analysts Forecast Growth

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

Rathbones Group Company Profile

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.