Personal Group (LON:PGH) Hits New 52-Week High - Here's Why

Shares of Personal Group Holdings Plc (LON:PGH - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 298 ($4.01) and last traded at GBX 293 ($3.94), with a volume of 85292 shares traded. The stock had previously closed at GBX 293 ($3.94).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group increased their price objective on Personal Group from GBX 209 ($2.81) to GBX 316 ($4.25) and gave the stock a "buy" rating in a research report on Tuesday, March 25th.

Personal Group Price Performance

The company has a market cap of £90.32 million, a PE ratio of 19.66 and a beta of 0.46. The stock has a 50-day moving average of GBX 257.80 and a 200-day moving average of GBX 219.57.

Personal Group (LON:PGH - Get Free Report) last released its quarterly earnings results on Tuesday, March 25th. The company reported GBX 17.70 ($0.24) earnings per share for the quarter. Personal Group had a return on equity of 14.40% and a net margin of 13.49%. Research analysts expect that Personal Group Holdings Plc will post 19.0753425 EPS for the current year.

Personal Group Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, May 14th. Shareholders of record on Thursday, April 3rd were given a dividend of GBX 10 ($0.13) per share. This is an increase from Personal Group's previous dividend of $6.50. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a yield of 4.31%. Personal Group's dividend payout ratio (DPR) is presently 80.50%.

Insider Buying and Selling at Personal Group

In related news, insider Paula Constant acquired 6,958 shares of Personal Group stock in a transaction dated Friday, May 16th. The shares were purchased at an average cost of GBX 287 ($3.86) per share, with a total value of £19,969.46 ($26,876.80). Also, insider Sarah Mace sold 8,199 shares of the firm's stock in a transaction dated Monday, April 28th. The shares were sold at an average price of GBX 250 ($3.36), for a total value of £20,497.50 ($27,587.48). Insiders have bought 16,127 shares of company stock worth $4,512,669 over the last 90 days. Corporate insiders own 43.90% of the company's stock.

Personal Group Company Profile

Personal Group Holdings Plc AIM: PGH is a workforce benefits and health insurance provider. Its vision is to be the champion of affordable and accessible insurance and benefits, keeping businesses and their employees happy, healthy and protected. The Group is proud to support the health and wellbeing of c.