Rathbones Group Plc (LON:RAT - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,635.78 ($22.14) and traded as high as GBX 1,642 ($22.22). Rathbones Group shares last traded at GBX 1,632 ($22.08), with a volume of 40,438 shares.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on RAT shares. Shore Capital reaffirmed a "buy" rating on shares of Rathbones Group in a research note on Thursday, May 8th. Canaccord Genuity Group upped their target price on Rathbones Group from GBX 2,084 ($28.20) to GBX 2,087 ($28.24) and gave the stock a "buy" rating in a report on Thursday, May 1st.
Check Out Our Latest Stock Analysis on RAT
Rathbones Group Trading Down 0.7%
The company has a market cap of £1.69 billion, a price-to-earnings ratio of 26.43, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65. The business's fifty day moving average price is GBX 1,563.09 and its 200 day moving average price is GBX 1,634.82. The company has a debt-to-equity ratio of 7.87, a current ratio of 1.16 and a quick ratio of 0.14.
Rathbones Group (LON:RAT - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The company reported GBX 161.60 ($2.19) EPS for the quarter. Rathbones Group had a net margin of 7.25% and a return on equity of 4.66%. Research analysts anticipate that Rathbones Group Plc will post 174.9287749 earnings per share for the current fiscal year.
Rathbones Group Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, May 13th. Shareholders of record on Thursday, April 10th were given a GBX 63 ($0.85) dividend. This represents a dividend yield of 3.87%. The ex-dividend date of this dividend was Thursday, April 10th. This is a positive change from Rathbones Group's previous dividend of $30.00. Rathbones Group's payout ratio is 143.21%.
Insider Buying and Selling at Rathbones Group
In other news, insider Iain Cummings bought 103 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was acquired at an average price of GBX 1,620 ($21.92) per share, with a total value of £1,668.60 ($2,257.92). Also, insider Paul Stockton sold 11,767 shares of the business's stock in a transaction dated Friday, March 7th. The shares were sold at an average price of GBX 1,610 ($21.79), for a total value of £189,448.70 ($256,358.19). In the last quarter, insiders have purchased 2,612 shares of company stock worth $4,194,228. Insiders own 41.78% of the company's stock.
Rathbones Group Company Profile
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