Rathbones Group Plc (LON:RAT) Insider Iain Hooley Purchases 9 Shares

Rathbones Group Plc (LON:RAT) insider Iain Hooley purchased 9 shares of the firm’s stock in a transaction on Wednesday, September 4th. The stock was acquired at an average cost of GBX 1,806 ($23.75) per share, with a total value of £162.54 ($213.73).

Iain Hooley also recently made the following trade(s):

• On Thursday, July 4th, Iain Hooley purchased 8 shares of Rathbones Group stock. The stock was acquired at an average cost of GBX 1,728 ($22.72) per share, with a total value of £138.24 ($181.78).

Rathbones Group Price Performance

Shares of LON RAT opened at GBX 1,748 ($22.98) on Friday. The firm has a 50-day moving average of GBX 1,807.62 and a two-hundred day moving average of GBX 1,699.78. The company has a market capitalization of £1.59 billion, a price-to-earnings ratio of 2,865.57, a PEG ratio of -26.52 and a beta of 0.65. The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87. Rathbones Group Plc has a twelve month low of GBX 1,436 ($18.88) and a twelve month high of GBX 2,005 ($26.36).

Rathbones Group Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, October 1st. Investors of record on Thursday, September 5th will be paid a GBX 30 ($0.39) dividend. The ex-dividend date is Thursday, September 5th. This is a positive change from Rathbones Group’s previous dividend of $24.00. This represents a yield of 1.68%. Rathbones Group’s dividend payout ratio (DPR) is presently 14,426.23%.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “buy” rating on shares of Rathbones Group in a report on Wednesday, August 7th.

About Rathbones Group

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.