Legal & General Group Plc (LON:LGEN - Get Free Report) insider John Kingman purchased 9,061 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The shares were bought at an average price of GBX 257 ($3.49) per share, for a total transaction of £23,286.77 ($31,596.70).
John Kingman also recently made the following trade(s):
- On Thursday, June 5th, John Kingman purchased 10,121 shares of Legal & General Group stock. The shares were bought at an average price of GBX 256 ($3.47) per share, for a total transaction of £25,909.76 ($35,155.71).
- On Monday, June 2nd, John Kingman purchased 654 shares of Legal & General Group stock. The shares were bought at an average price of GBX 251 ($3.41) per share, for a total transaction of £1,641.54 ($2,227.33).
Legal & General Group Stock Down 0.7%
Shares of LGEN traded down GBX 1.81 ($0.02) during midday trading on Friday, reaching GBX 251.49 ($3.41). 20,522,805 shares of the stock were exchanged, compared to its average volume of 22,082,957. Legal & General Group Plc has a 52 week low of GBX 206.80 ($2.81) and a 52 week high of GBX 266.20 ($3.61). The company has a current ratio of 1.50, a quick ratio of 0.50 and a debt-to-equity ratio of 155.18. The company's 50 day moving average is GBX 241.93 and its two-hundred day moving average is GBX 237.58. The company has a market capitalization of £14.74 billion, a P/E ratio of 46.43, a PEG ratio of 2.34 and a beta of 1.31.
Legal & General Group (LON:LGEN - Get Free Report) last posted its quarterly earnings results on Wednesday, March 12th. The financial services provider reported GBX 2.89 ($0.04) earnings per share (EPS) for the quarter. Legal & General Group had a return on equity of 7.79% and a net margin of 0.67%. On average, sell-side analysts anticipate that Legal & General Group Plc will post 24.2376446 earnings per share for the current year.
Legal & General Group announced that its Board of Directors has authorized a share repurchase plan on Wednesday, March 12th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a "buy" rating and set a GBX 265 ($3.60) price target on shares of Legal & General Group in a report on Monday, February 24th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of GBX 267 ($3.62).
Check Out Our Latest Research Report on LGEN
About Legal & General Group
(
Get Free Report)
Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.
Featured Articles
Before you consider Legal & General Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Legal & General Group wasn't on the list.
While Legal & General Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
