M&G plc (LON:MNG) Insider Clive Adamson Buys 600 Shares

M&G plc (LON:MNG - Get Free Report) insider Clive Adamson acquired 600 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was purchased at an average price of GBX 237 ($3.21) per share, with a total value of £1,422 ($1,923.70).

M&G Stock Up 0.7%

MNG stock traded up GBX 1.70 ($0.02) on Friday, reaching GBX 243.80 ($3.30). 4,899,370 shares of the company traded hands, compared to its average volume of 23,731,326. The firm has a fifty day simple moving average of GBX 208.56 and a 200-day simple moving average of GBX 206.20. The company has a market cap of £5.81 billion, a P/E ratio of 34.77, a price-to-earnings-growth ratio of -2.76 and a beta of 1.47. M&G plc has a one year low of GBX 171.55 ($2.32) and a one year high of GBX 245.50 ($3.32). The company has a debt-to-equity ratio of 218.70, a current ratio of 0.40 and a quick ratio of 0.39.

M&G (LON:MNG - Get Free Report) last issued its quarterly earnings results on Wednesday, March 19th. The company reported GBX (15.10) (($0.20)) earnings per share for the quarter. M&G had a net margin of 1.85% and a return on equity of 4.31%. Research analysts anticipate that M&G plc will post 24.2485207 earnings per share for the current year.

M&G Increases Dividend

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

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of M&G from GBX 230 ($3.11) to GBX 225 ($3.04) 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.