Paragon Banking Group PLC (LON:PAG) Insider Richard Woodman Purchases 2,241 Shares

Paragon Banking Group PLC (LON:PAG) insider Richard Woodman bought 2,241 shares of the firm’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 Trading Down 0.2 %

LON PAG opened at GBX 735.50 ($9.24) on Monday. Paragon Banking Group PLC has a one year low of GBX 623.50 ($7.84) and a one year high of GBX 868 ($10.91). The company has a debt-to-equity ratio of 168.79, a quick ratio of 1.48 and a current ratio of 1.21. The company has a market capitalization of £1.49 billion, a price-to-earnings ratio of 1,114.39, a price-to-earnings-growth ratio of 0.50 and a beta of 1.52. The company’s 50-day simple moving average is GBX 739.55 and its two-hundred day simple moving average is GBX 753.11.

Paragon Banking Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 6th will be issued a dividend of GBX 27.20 ($0.34) per share. This represents a yield of 3.64%. This is a positive change from Paragon Banking Group’s previous dividend of $13.20. The ex-dividend date of this dividend is Thursday, February 6th. Paragon Banking Group’s dividend payout ratio (DPR) is presently 6,060.61%.

Wall Street Analysts Forecast Growth

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

Paragon Banking Group Company Profile

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.