Serco Group plc (LON:SRP) Insider Nigel Crossley Sells 45,409 Shares

Serco Group plc (LON:SRP) insider Nigel Crossley sold 45,409 shares of the company’s stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of GBX 157 ($2.03), for a total value of £71,292.13 ($92,180.15).

Serco Group Trading Up 0.4 %

SRP traded up GBX 0.55 ($0.01) during midday trading on Monday, hitting GBX 157.40 ($2.04). 1,773,367 shares of the company were exchanged, compared to its average volume of 10,648,413. The firm’s 50 day moving average price is GBX 158.36 and its 200-day moving average price is GBX 161.72. Serco Group plc has a 1-year low of GBX 136.20 ($1.76) and a 1-year high of GBX 196.40 ($2.54). The firm has a market capitalization of £1.59 billion, a P/E ratio of 12.26, a P/E/G ratio of 3.06 and a beta of 0.38. The company has a quick ratio of 0.98, a current ratio of 0.91 and a debt-to-equity ratio of 62.40.

Serco Group (LON:SRP) last announced its earnings results on Thursday, February 27th. The company reported GBX 16.67 ($0.22) EPS for the quarter. Serco Group had a return on equity of 13.70% and a net margin of 2.87%. As a group, equities analysts forecast that Serco Group plc will post 17.552759 EPS for the current fiscal year.

Serco Group Increases Dividend

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

Analyst Upgrades and Downgrades

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

About Serco Group