London Stock Exchange Group (LON:LSEG) Shares Down 5.3% - Here's Why

London Stock Exchange Group plc (LON:LSEG - Get Free Report) traded down 5.3% during mid-day trading on Friday . The stock traded as low as £111.90 ($142.98) and last traded at £111.90 ($142.98). 134,876,219 shares changed hands during trading, an increase of 1,489% from the average session volume of 8,487,025 shares. The stock had previously closed at £118.15 ($150.97).

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada boosted their target price on shares of London Stock Exchange Group from £116 ($148.22) to £125 ($159.72) and gave the stock an "outperform" rating in a research report on Thursday, February 20th.

London Stock Exchange Group Trading Down 2.0 %

The company's 50 day moving average is £114.19 and its 200 day moving average is £111.50. The company has a debt-to-equity ratio of 47.39, a quick ratio of 0.01 and a current ratio of 1.00. The stock has a market capitalization of £56.43 billion, a price-to-earnings ratio of 83.60, a PEG ratio of 1.72 and a beta of 0.41.

London Stock Exchange Group (LON:LSEG - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported GBX 363.50 ($4.64) EPS for the quarter. London Stock Exchange Group had a return on equity of 2.92% and a net margin of 7.93%. On average, research analysts forecast that London Stock Exchange Group plc will post 405.5009823 EPS for the current fiscal year.

London Stock Exchange Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Thursday, April 17th will be given a dividend of GBX 89 ($1.14) per share. This is a positive change from London Stock Exchange Group's previous dividend of $41.00. This represents a dividend yield of 0.82%. The ex-dividend date of this dividend is Thursday, April 17th. London Stock Exchange Group's payout ratio is 94.11%.

Insider Buying and Selling

In related news, insider David Schwimmer sold 4,577 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of £111.44 ($142.40), for a total value of £510,060.88 ($651,751.70). 5.64% of the stock is owned by corporate insiders.

About London Stock Exchange Group

LSEG is a leading global financial markets infrastructure and data provider that operates connected businesses to serve customers across the entire financial markets value chain. With capabilities in data, indices and analytics, capital formation, trade execution, clearing and risk management, we operate at the heart of the world's financial ecosystem and enable the sustainable growth and stability of our customers and their communities. Together, our five business divisions – Data and Analytics, FTSE Russell, Risk Intelligence, Capital Markets and Post Trade – offer customers seamless access to global financial markets, across the trading lifecycle. LSEG is headquartered in London and has a major presence throughout Europe, the Americas, Asia Pacific and emerging markets.