Insider Buying: Perpetual Limited (ASX:PPT) Insider Acquires 1,000 Shares of Stock

Perpetual Limited (ASX:PPT) insider Gregory Cooper purchased 1,000 shares of the company’s stock in a transaction on Friday, February 28th. The stock was purchased at an average price of A$20.00 ($12.66) per share, with a total value of A$20,000.00 ($12,658.23).

Gregory Cooper also recently made the following trade(s):

• On Monday, March 3rd, Gregory Cooper purchased 1,000 shares of Perpetual stock. The stock was purchased at an average price of A$20.05 ($12.69) per share, with a total value of A$20,049.00 ($12,689.24).

Perpetual Price Performance

The stock has a market capitalization of $2.52 billion, a price-to-earnings ratio of -6.51, a P/E/G ratio of 44.50 and a beta of 1.32. The company has a current ratio of 0.52, a quick ratio of 0.82 and a debt-to-equity ratio of 47.88.

Perpetual Cuts Dividend

The company also recently declared a Interim dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, April 3rd will be given a $0.61 dividend. The ex-dividend date is Wednesday, March 12th. This represents a dividend yield of 3.08%. Perpetual’s payout ratio is currently -28.03%.

Perpetual Company Profile

Perpetual Limited is a publicly owned investment manager. The firm offers a range of financial products and services in Australia. The company provides funds management, portfolio management, financial planning, trustee, responsible entity and compliance services, executor services, investment administration and custody services, and mortgage processing services.