Rathbones Group (LON:RAT) Insider Iain Hooley Buys 9 Shares of Stock

Key Points

• Insider purchase: Rathbones Group insider Iain Hooley bought 9 shares at GBX 1,662 each, for a total of £149.58.
• Stock performance: Shares fell 0.2% to GBX 1,652, with the company valued at approximately £1.68 billion. The stock is near its 52-week low of GBX 1,580 and below its 200-day moving average of GBX 1,880.80.
• Analyst outlook: Rathbones reported quarterly EPS of GBX 88.50, while analysts have a consensus “Hold” rating and an average price target of GBX 1,836.67.

Rathbones Group Plc (LON:RAT - Get Free Report) insider Iain Hooley bought 9 shares of the company's stock in a transaction dated Friday, September 4th. The stock was purchased at an average price of GBX 1,662 per share, for a total transaction of £149.58.

Rathbones Group Stock Down 0.2%

Shares of LON:RAT traded down GBX 4 during trading on Monday, reaching GBX 1,652. 33,239 shares of the stock traded hands, compared to its average volume of 583,738. The stock has a market cap of £1.68 billion, a P/E ratio of 14.71, a price-to-earnings-growth ratio of -26.52 and a beta of 0.72. The company has a debt-to-equity ratio of 10.07, a quick ratio of 0.14 and a current ratio of 111.06. The stock has a 50-day moving average of GBX 1,675.82 and a two-hundred day moving average of GBX 1,880.80. Rathbones Group Plc has a 52-week low of GBX 1,580 and a 52-week high of GBX 2,500.

Rathbones Group (LON:RAT - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported GBX 88.50 earnings per share (EPS) for the quarter. Rathbones Group had a return on equity of 8.95% and a net margin of 11.20%. As a group, sell-side analysts expect that Rathbones Group Plc will post 174.9287749 earnings per share for the current fiscal year.

Rathbones Group declared that its Board of Directors has initiated a share repurchase plan on Wednesday, June 17th that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

RAT has been the subject of a number of recent analyst reports. Jefferies Financial Group reissued an "underperform" rating and issued a GBX 1,360 target price on shares of Rathbones Group in a research report on Thursday, July 30th. Royal Bank Of Canada decreased their price objective on shares of Rathbones Group from GBX 2,400 to GBX 1,950 and set an "outperform" rating for the company in a report on Thursday, June 18th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of GBX 1,836.67.

About Rathbones Group

With roots dating back to 1742, Rathbones is one of the UK's leading providers of investment and wealth management services for private clients (individuals and families), charities, trustees and professional partners. Rathbones' purpose is to help more people invest their money well, so they can live well. Rathbones has been trusted for generations to manage, preserve and grow clients' wealth and services include discretionary investment management, fund management, tax planning, trust and company management, financial advice and banking services.

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