Paragon Banking Group PLC (LON:PAG - Get Free Report)'s share price reached a new 52-week high on Wednesday . The company traded as high as GBX 868.88 ($11.53) and last traded at GBX 836.62 ($11.10), with a volume of 84653 shares changing hands. The stock had previously closed at GBX 837 ($11.10).
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "buy" rating on shares of Paragon Banking Group in a report on Thursday, April 10th.
View Our Latest Report on PAG
Paragon Banking Group Price Performance
The business's fifty day moving average price is GBX 761.12 and its 200-day moving average price is GBX 751.17. The stock has a market capitalization of £1.72 billion, a PE ratio of 9.26, a P/E/G ratio of 0.50 and a beta of 1.52.
Paragon Banking Group Increases Dividend
The firm also recently disclosed a dividend, which was paid on Friday, March 7th. Investors of record on Thursday, February 6th were given a GBX 27.20 ($0.36) dividend. This represents a dividend yield of 3.64%. The ex-dividend date of this dividend was Thursday, February 6th. This is an increase from Paragon Banking Group's previous dividend of $13.20. Paragon Banking Group's dividend payout ratio (DPR) is 43.17%.
Insider Buying and Selling at Paragon Banking Group
In other news, insider Peter Hill acquired 159 shares of Paragon Banking Group stock in a transaction dated Monday, March 17th. The shares were purchased at an average cost of GBX 740 ($9.82) per share, for a total transaction of £1,176.60 ($1,560.89). Also, insider Richard Woodman sold 21,497 shares of the firm's stock in a transaction dated Friday, March 28th. The shares were sold at an average price of GBX 778 ($10.32), for a total value of £167,246.66 ($221,871.40). Insiders have acquired a total of 2,810 shares of company stock valued at $2,082,024 in the last 90 days. Corporate insiders own 3.59% of the company's stock.
About Paragon Banking Group
(
Get Free Report)
Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small
and medium-sized businesses (‘SMEs') and residential property developers in the UK. Founded in 1985 and listed on the
London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people.
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