Paul Stockton Buys 9 Shares of Rathbones Group Plc (LON:RAT) Stock

Rathbones Group Plc (LON:RAT) insider Paul Stockton bought 9 shares of the firm’s stock in a transaction on Friday, October 4th. The shares were acquired at an average price of GBX 1,758 ($23.01) per share, for a total transaction of £158.22 ($207.07).

Rathbones Group Stock Performance

Shares of Rathbones Group stock opened at GBX 1,816 ($23.77) on Thursday. The company has a 50 day moving average of GBX 1,816.18 and a 200-day moving average of GBX 1,736.18. Rathbones Group Plc has a 1-year low of GBX 1,436 ($18.79) and a 1-year high of GBX 2,005 ($26.24). The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87. The company has a market cap of £1.57 billion, a PE ratio of 2,977.05, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65.

Rathbones Group Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, October 1st. Stockholders of record on Thursday, September 5th were issued a dividend of GBX 30 ($0.39) per share. This represents a dividend yield of 1.68%. The ex-dividend date of this dividend was Thursday, September 5th. This is an increase from Rathbones Group’s previous dividend of $24.00. Rathbones Group’s dividend payout ratio is 14,426.23%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated 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.