Personal Group (LON:PGH) Hits New 12-Month High - Still a Buy?

Shares of Personal Group Holdings Plc (LON:PGH - Get Free Report) hit a new 52-week high on Monday . The company traded as high as GBX 305.40 ($4.16) and last traded at GBX 300 ($4.08), with a volume of 193932 shares changing hands. The stock had previously closed at GBX 296 ($4.03).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group increased their price target on Personal Group from GBX 209 ($2.85) to GBX 316 ($4.30) and gave the company a "buy" rating in a research note on Tuesday, March 25th.

Personal Group Trading Up 0.1%

The company has a market capitalization of £90.07 million, a P/E ratio of 19.60 and a beta of 0.46. The stock has a 50 day moving average price of GBX 265.37 and a 200 day moving average price of GBX 224.72.

Personal Group (LON:PGH - Get Free Report) last announced its quarterly earnings results on Tuesday, March 25th. The company reported GBX 17.70 ($0.24) EPS for the quarter. Personal Group had a return on equity of 14.40% and a net margin of 13.49%. On average, research analysts predict 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. Stockholders of record on Thursday, April 3rd were paid a GBX 10 ($0.14) dividend. This represents a dividend yield of 4.31%. This is a boost from Personal Group's previous dividend of $6.50. The ex-dividend date of this dividend was Thursday, April 3rd. Personal Group's dividend payout ratio is presently 80.50%.

Insider Activity

In related news, insider Maria Darby-Walker bought 2,242 shares of the stock in a transaction that occurred on Monday, April 7th. The stock was acquired at an average cost of GBX 223 ($3.04) per share, with a total value of £4,999.66 ($6,806.89). Also, insider Paula Constant bought 6,958 shares of the stock in a transaction that occurred on Friday, May 16th. The shares were bought at an average cost of GBX 287 ($3.91) per share, with a total value of £19,969.46 ($27,187.83). In the last ninety days, insiders bought 16,127 shares of company stock worth $4,512,669. Insiders own 43.90% of the company's stock.

About Personal Group

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.