Shares of Rathbones Group Plc (LON:RAT - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,635.78 ($21.85) and traded as high as GBX 1,642 ($21.93). Rathbones Group shares last traded at GBX 1,632 ($21.80), with a volume of 40,438 shares changing hands.
Analyst Upgrades and Downgrades
Several research firms have recently commented on RAT. Canaccord Genuity Group increased their price target on shares of Rathbones Group from GBX 2,084 ($27.83) to GBX 2,087 ($27.87) and gave the company a "buy" rating in a research report on Thursday, May 1st. Shore Capital reiterated a "buy" rating on shares of Rathbones Group in a research report on Thursday, May 8th.
Read Our Latest Research Report on Rathbones Group
Rathbones Group Price Performance
The stock has a market capitalization of £1.69 billion, a PE ratio of 26.53, a PEG ratio of -26.52 and a beta of 0.65. The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87. The company's 50 day simple moving average is GBX 1,563.49 and its 200 day simple moving average is GBX 1,635.78.
Rathbones Group (LON:RAT - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported GBX 161.60 ($2.16) EPS for the quarter. Rathbones Group had a net margin of 7.25% and a return on equity of 4.66%. On average, equities analysts anticipate that Rathbones Group Plc will post 174.9287749 earnings per share for the current year.
Rathbones Group Increases Dividend
The company also recently announced a dividend, which was paid on Tuesday, May 13th. Shareholders of record on Thursday, April 10th were paid a GBX 63 ($0.84) dividend. This is a boost from Rathbones Group's previous dividend of $30.00. This represents a yield of 3.87%. The ex-dividend date was Thursday, April 10th. Rathbones Group's payout ratio is presently 143.21%.
Insiders Place Their Bets
In related news, insider Iain Cummings purchased 103 shares of the firm's stock in a transaction on Tuesday, May 13th. The shares were bought at an average price of GBX 1,620 ($21.64) per share, for a total transaction of £1,668.60 ($2,228.66). Also, insider Dharmash Mistry purchased 2,500 shares of the firm's stock in a transaction on Thursday, May 8th. The stock was bought at an average price of GBX 1,605 ($21.44) per share, for a total transaction of £40,125 ($53,592.89). In the last three months, insiders bought 2,612 shares of company stock valued at $4,194,228. Company insiders own 41.78% of the company's stock.
About Rathbones Group
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