Insider Buying: Paragon Banking Group PLC (LON:PAG) Insider Purchases £16,359.30 in Stock

Paragon Banking Group PLC (LON:PAGGet Free Report) insider Richard Woodman acquired 2,241 shares of the company’s stock in a transaction on Friday, December 20th. The shares were purchased at an average cost of GBX 730 ($9.18) per share, with a total value of £16,359.30 ($20,562.22).

Paragon Banking Group Stock Performance

PAG stock opened at GBX 735.50 ($9.24) on Monday. Paragon Banking Group PLC has a twelve month low of GBX 623.50 ($7.84) and a twelve month high of GBX 868 ($10.91). The firm has a market cap of £1.49 billion, a price-to-earnings ratio of 1,114.39, a PEG ratio of 0.50 and a beta of 1.52. The business’s fifty day simple moving average is GBX 739.55 and its two-hundred day simple moving average is GBX 753.11. The company has a quick ratio of 1.48, a current ratio of 1.21 and a debt-to-equity ratio of 168.79.

Paragon Banking Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 6th will be paid a GBX 27.20 ($0.34) dividend. This represents a yield of 3.64%. The ex-dividend date is Thursday, February 6th. This is an increase from Paragon Banking Group’s previous dividend of $13.20. Paragon Banking Group’s dividend payout ratio (DPR) is currently 6,060.61%.

Wall Street Analysts Forecast Growth

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

Read Our Latest Research Report on Paragon Banking Group

Paragon Banking Group Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Paragon Banking Group (LON:PAG)

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