Nigel Crossley Sells 192,646 Shares of Serco Group plc (LON:SRP) Stock

Serco Group plc (LON:SRP) insider Nigel Crossley sold 192,646 shares of Serco Group stock in a transaction on Monday, April 7th. The stock was sold at an average price of GBX 153 ($2.00), for a total transaction of £294,748.38 ($385,796.31).

Nigel Crossley also recently made the following trade(s):

• On Friday, March 28th, Nigel Crossley sold 45,409 shares of Serco Group stock. The shares were sold at an average price of GBX 157 ($2.05), for a total transaction of £71,292.13 ($93,314.31).

Serco Group Stock Up 1.1 %

SRP stock opened at GBX 159.30 ($2.09) on Friday. The stock has a market cap of £1.61 billion, a P/E ratio of 12.41, a P/E/G ratio of 3.06 and a beta of 0.38. The company has a current ratio of 0.91, a quick ratio of 0.98 and a debt-to-equity ratio of 62.40. The stock’s fifty day simple moving average is GBX 159.78 and its two-hundred day simple moving average is GBX 160.64. Serco Group plc has a 1-year low of GBX 136.20 ($1.78) and a 1-year high of GBX 196.40 ($2.57).

Serco Group (LON:SRP) last issued its quarterly earnings results on Thursday, February 27th. The company reported GBX 16.67 ($0.22) earnings per share for the quarter. Serco Group had a net margin of 2.87% and a return on equity of 13.70%. Analysts expect that Serco Group plc will post 17.552759 EPS for the current year.

Serco Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 9th. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 2.82 ($0.04) per share. This is an increase from Serco Group’s previous dividend of $1.34. This represents a dividend yield of 1.77%. The ex-dividend date of this dividend is Thursday, April 10th. Serco Group’s dividend payout ratio is currently 31.16%.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “hold” rating on shares of Serco Group in a research note on Friday, February 7th.

Serco Group Company Profile