Paul Manduca Purchases 3,624 Shares of St. James's Place (LON:STJ) Stock

Key Points

• Insider purchase: Paul Manduca bought 3,624 St. James’s Place shares at GBX 1,098 each, investing £39,791.52, and also purchased two additional shares.
• Share performance: STJ traded down GBX 37.50 to GBX 1,059.50, near its one-year low of GBX 1,038.75, with trading volume far above its average.
• Analyst outlook: The stock has a consensus rating of “Moderate Buy” from analysts, with an average price target of GBX 1,721.86 versus the recent market price.

St. James's Place plc (LON:STJ - Get Free Report) insider Paul Manduca acquired 3,624 shares of the business's stock in a transaction that occurred on Wednesday, September 23rd. The stock was purchased at an average price of GBX 1,098 per share, for a total transaction of £39,791.52.

Paul Manduca also recently made the following trade(s):

• On Wednesday, September 23rd, Paul Manduca purchased 2 shares of St. James's Place stock. The shares were acquired at an average cost of GBX 1,125 per share, for a total transaction of GBX 2,250.

St. James's Place Price Performance

STJ stock traded down GBX 37.50 on Thursday, hitting GBX 1,059.50. 155,738,453 shares of the company's stock traded hands, compared to its average volume of 25,245,916. St. James's Place plc has a 1-year low of GBX 1,038.75 and a 1-year high of GBX 1,575.50. The stock has a market cap of £5.30 billion, a price-to-earnings ratio of 9.94, a P/E/G ratio of 1.10 and a beta of 1.01. The stock has a fifty day moving average of GBX 1,129.96 and a 200-day moving average of GBX 1,187.97. The company has a current ratio of 0.39, a quick ratio of 3.85 and a debt-to-equity ratio of 33.04.

St. James's Place (LON:STJ - Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported GBX 43.30 earnings per share (EPS) for the quarter. St. James's Place had a return on equity of 37.02% and a net margin of 1.25%. On average, analysts forecast that St. James's Place plc will post 67.9947461 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently commented on STJ shares. Citigroup cut their target price on St. James's Place from GBX 1,830 to GBX 1,820 and set a "buy" rating for the company in a research report on Wednesday, August 12th. Berenberg Bank increased their price objective on St. James's Place from GBX 1,800 to GBX 1,945 and gave the stock a "buy" rating in a research note on Friday, August 7th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 2,050 price objective on shares of St. James's Place in a report on Thursday, July 30th. Finally, Jefferies Financial Group reiterated a "buy" rating and set a GBX 1,700 target price on shares of St. James's Place in a research report on Wednesday, July 29th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of GBX 1,721.86.

About St. James's Place

We plan, grow and protect the financial futures of over one million clients across the UK by providing holistic advice-led wealth management, delivered exclusively by the Partnership, our group of more than 4,900 highly skilled advisers. We offer an integrated client proposition, through which we provide financial advice, investment product wrappers such as pensions, investment bonds and ISAs, and offer our own range of investment funds and portfolios.

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