M&G plc (LON:MNG) Insider Buys £1,422 in Stock

M&G plc (LON:MNG - Get Free Report) insider Clive Adamson acquired 600 shares of the company's stock in a transaction dated Tuesday, June 3rd. The stock was purchased at an average cost of GBX 237 ($3.22) per share, with a total value of £1,422 ($1,931.02).

M&G Stock Up 0.7%

LON:MNG traded up GBX 1.70 ($0.02) during mid-day trading on Friday, hitting GBX 243.80 ($3.31). The stock had a trading volume of 4,899,370 shares, compared to its average volume of 23,731,326. M&G plc has a twelve month low of GBX 171.55 ($2.33) and a twelve month high of GBX 245.50 ($3.33). The stock has a 50-day simple moving average of GBX 207.70 and a two-hundred day simple moving average of GBX 205.94. The company has a current ratio of 0.40, a quick ratio of 0.39 and a debt-to-equity ratio of 218.70. The company has a market capitalization of £5.81 billion, a PE ratio of 34.77, a PEG ratio of -2.76 and a beta of 1.47.

M&G (LON:MNG - Get Free Report) last announced its quarterly earnings data on Wednesday, March 19th. The company reported GBX (15.10) (($0.21)) earnings per share for the quarter. M&G had a net margin of 1.85% and a return on equity of 4.31%. On average, equities research analysts anticipate that M&G plc will post 24.2485207 EPS for the current year.

M&G Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 8th. Shareholders of record on Thursday, April 3rd were issued a dividend of GBX 23.50 ($0.32) per share. This represents a yield of 4.25%. This is an increase from M&G's previous dividend of $6.60. The ex-dividend date of this dividend was Thursday, April 3rd. M&G's payout ratio is 285.20%.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reduced their price objective on M&G from GBX 230 ($3.12) to GBX 225 ($3.06) and set a "hold" rating on the stock in a research note on Monday, February 24th.

About M&G

M&G plc is a leading savings and investments business, managing investments for both individuals and for large institutional investors, such as pension funds, around the world. We have a single corporate identity, M&G plc, and two customer-facing brands: Prudential and M&G Investments. Prudential offers savings and insurance for customers in the UK and Europe and for asset management in South Africa.