Legal & General Group Plc (LON:LGEN - Get Free Report) insider Henrietta Baldock acquired 1,026 shares of Legal & General Group stock in a transaction on Wednesday, May 1st. The stock was purchased at an average cost of GBX 237 ($2.98) per share, with a total value of £2,431.62 ($3,054.42).
Henrietta Baldock also recently made the following trade(s):
- On Tuesday, April 2nd, Henrietta Baldock acquired 958 shares of Legal & General Group stock. The shares were acquired at an average price of GBX 254 ($3.19) per share, for a total transaction of £2,433.32 ($3,056.55).
- On Friday, March 1st, Henrietta Baldock acquired 992 shares of Legal & General Group stock. The shares were acquired at an average price of GBX 245 ($3.08) per share, with a total value of £2,430.40 ($3,052.88).
Legal & General Group Stock Performance
Shares of LGEN traded down GBX 0.70 ($0.01) on Wednesday, reaching GBX 235.30 ($2.96). 5,971,413 shares of the company's stock traded hands, compared to its average volume of 13,164,336. The stock's 50 day simple moving average is GBX 246.80 and its two-hundred day simple moving average is GBX 239.92. The company has a current ratio of 4.70, a quick ratio of 0.50 and a debt-to-equity ratio of 1,372.51. Legal & General Group Plc has a 52-week low of GBX 203.10 ($2.55) and a 52-week high of GBX 259 ($3.25). The stock has a market cap of £14.07 billion, a PE ratio of 3,361.43, a PEG ratio of 2.34 and a beta of 1.34.
Legal & General Group Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, June 6th. Investors 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 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 presently 28,571.43%.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on LGEN. Royal Bank of Canada restated an "outperform" rating on shares of Legal & General Group in a report on Thursday, February 22nd. Berenberg Bank restated a "buy" rating and issued a GBX 289 ($3.63) target price on shares of Legal & General Group in a report on Friday, March 8th. Finally, Barclays cut their target price on Legal & General Group from GBX 336 ($4.22) to GBX 325 ($4.08) and set an "overweight" rating on the stock in a research report on Tuesday, February 20th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Legal & General Group has a consensus rating of "Buy" and an average price target of GBX 307.80 ($3.87).
Read Our Latest Report on LGEN
Legal & General Group Company Profile
(
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.
Further Reading
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