Mitie Group plc (LON:MTO) Insider Phillip Bentley Buys 138 Shares

Mitie Group plc (LON:MTO) insider Phillip Bentley bought 138 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The shares were bought at an average cost of GBX 109 ($1.33) per share, for a total transaction of £150.42 ($184.07).

Phillip Bentley also recently made the following trade(s):

• On Friday, December 13th, Phillip Bentley acquired 136 shares of Mitie Group stock. The stock was purchased at an average cost of GBX 110 ($1.35) per share, for a total transaction of £149.60 ($183.06).
• On Thursday, November 21st, Phillip Bentley purchased 200,000 shares of Mitie Group stock. The stock was acquired at an average cost of GBX 109 ($1.33) per share, for a total transaction of £218,000 ($266,764.56).
• On Wednesday, October 16th, Phillip Bentley sold 4,750,000 shares of Mitie Group stock. The shares were sold at an average price of GBX 117 ($1.43), for a total transaction of £5,557,500 ($6,800,660.79).

Mitie Group Stock Performance

Shares of LON:MTO traded down GBX 1 ($0.01) during trading on Tuesday, reaching GBX 107.80 ($1.32). The stock had a trading volume of 2,507,965 shares, compared to its average volume of 2,516,619. The firm has a market capitalization of £1.34 billion, a price-to-earnings ratio of 1,197.78, a P/E/G ratio of 10.10 and a beta of 1.41. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 67.87. Mitie Group plc has a 52 week low of GBX 95 ($1.16) and a 52 week high of GBX 127 ($1.55). The stock has a fifty day simple moving average of GBX 110.18 and a two-hundred day simple moving average of GBX 116.38.

Mitie Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, February 4th. Shareholders of record on Thursday, December 19th will be given a dividend of GBX 1.30 ($0.02) per share. This represents a yield of 1.17%. The ex-dividend date of this dividend is Thursday, December 19th. Mitie Group’s dividend payout ratio (DPR) is currently 4,444.44%.

Mitie Group Company Profile

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.