Shore Capital reaffirmed their buy rating on shares of Mony Group (LON:MONY – Free Report) in a research note issued to investors on Thursday morning, MarketBeat Ratings reports.
Separately, Berenberg Bank reaffirmed a buy rating and set a GBX 295 ($3.82) price target on shares of Mony Group in a research note on Tuesday, April 16th.
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Mony Group Price Performance
Mony Group Cuts Dividend
The company also recently announced a dividend, which will be paid on Monday, September 9th. Investors of record on Thursday, August 1st will be paid a GBX 3.30 ($0.04) dividend. This represents a yield of 1.45%. The ex-dividend date is Thursday, August 1st. Mony Group’s payout ratio is 9,230.77%.
Insider Activity
In other news, insider Jonathan Bewes bought 10,000 shares of the firm’s stock in a transaction dated Wednesday, July 24th. The stock was acquired at an average price of GBX 224 ($2.90) per share, for a total transaction of £22,400 ($28,970.51). Insiders purchased a total of 10,131 shares of company stock valued at $2,269,932 in the last 90 days. 9.10% of the stock is currently owned by insiders.
About Mony Group
Mony Group Plc, together with its subsidiaries, provides price comparison and lead generation services through its websites in the United Kingdom. The company operates through Insurance, Money, Home Services, Travel, and Cashback segments. It offers MoneySuperMarket, a price comparison site, which provides online and app-based tools to help people save money on their household bills; MoneySavingExpert, a consumer finance website; Quidco, a cashback site; TravelSupermarket for comparing prices on a range of holiday options, including package holidays and hotels, low-cost and charter airlines, and car hire providers; icelolly.com, a holiday comparison and deals site; and Decision Tech, a price comparison platform.
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