London Stock Exchange Group plc (LON:LSEG - Get Free Report)'s share price fell 0% during trading on Tuesday . The stock traded as low as £114.95 ($152.74) and last traded at £115.62 ($153.63). 803,570 shares were traded during mid-day trading, a decline of 88% from the average session volume of 6,860,001 shares. The stock had previously closed at £115.65 ($153.67).
Analyst Upgrades and Downgrades
Several research analysts have weighed in on LSEG shares. Royal Bank of Canada upped their price objective on shares of London Stock Exchange Group from £116 ($154.13) to £125 ($166.09) and gave the company an "outperform" rating in a research note on Thursday, February 20th. Canaccord Genuity Group restated a "buy" rating on shares of London Stock Exchange Group in a research note on Tuesday, May 6th.
Check Out Our Latest Stock Report on London Stock Exchange Group
London Stock Exchange Group Trading Down 2.2%
The company has a 50-day simple moving average of £112.44 and a 200-day simple moving average of £113.21. 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 cap of £58.92 billion, a P/E ratio of 87.29, a P/E/G ratio of 1.72 and a beta of 0.41.
London Stock Exchange Group (LON:LSEG - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported GBX 363.50 ($4.83) earnings per share (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, sell-side 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 declared 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 ($1.18) per share. The ex-dividend date is Thursday, April 17th. This represents a dividend yield of 0.82%. This is a positive change from London Stock Exchange Group's previous dividend of $41.00. London Stock Exchange Group's dividend payout ratio (DPR) is currently 94.11%.
Insiders Place Their Bets
In other London Stock Exchange Group news, insider Michel-Alain Proch sold 9,183 shares of the stock in a transaction dated Thursday, April 10th. The shares were sold at an average price of £111.36 ($147.97), for a total value of £1,022,618.88 ($1,358,781.40). Also, insider David Schwimmer sold 4,577 shares of London Stock Exchange Group stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of £111.44 ($148.07), for a total value of £510,060.88 ($677,731.70). In the last three months, insiders have sold 27,603 shares of company stock worth $297,844,268. Company insiders own 5.64% of the company's stock.
About London Stock Exchange Group
(
Get Free Report)
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.
Further Reading
Before you consider London Stock Exchange 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 London Stock Exchange Group wasn't on the list.
While London Stock Exchange Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.