Legal & General Group Plc (LON:LGEN - Get Free Report) insider Jeff Davies sold 22,267 shares of the business's stock in a transaction dated Saturday, April 13th. The shares were sold at an average price of GBX 248 ($3.09), for a total transaction of £55,222.16 ($68,744.13).
Legal & General Group Trading Down 0.1 %
LON LGEN traded down GBX 0.30 ($0.00) during trading on Wednesday, hitting GBX 243 ($3.03). The stock had a trading volume of 14,197,707 shares, compared to its average volume of 12,715,607. The company has a quick ratio of 0.50, a current ratio of 4.70 and a debt-to-equity ratio of 1,372.51. The company has a market capitalization of £14.53 billion, a PE ratio of 3,471.43, a PEG ratio of 2.34 and a beta of 1.34. The firm has a 50 day moving average price of GBX 245.86 and a 200 day moving average price of GBX 238.03. Legal & General Group Plc has a twelve month low of GBX 203.10 ($2.53) and a twelve month high of GBX 259 ($3.22).
Legal & General Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, June 6th. Stockholders of record on Thursday, April 25th will be given a dividend of GBX 14.63 ($0.18) per share. The ex-dividend date is Thursday, April 25th. This represents a dividend yield of 5.96%. This is a positive change from Legal & General Group's previous dividend of $5.71. Legal & General Group's dividend payout ratio is currently 28,571.43%.
Analysts Set New Price Targets
A number of analysts have recently weighed in on LGEN shares. Berenberg Bank restated a "buy" rating and issued a GBX 289 ($3.60) price target on shares of Legal & General Group in a report on Friday, March 8th. Royal Bank of Canada restated an "outperform" rating on shares of Legal & General Group in a research note on Thursday, February 22nd. Finally, Barclays reduced their price target on Legal & General Group from GBX 336 ($4.18) to GBX 325 ($4.05) and set an "overweight" rating on the stock in a research report on Tuesday, February 20th. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of GBX 307.80 ($3.83).
Check Out Our Latest Stock Report on Legal & General Group
About Legal & General Group
(
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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.
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