Investec Group - INVP Share Forecast, Price & News

Investec Group provides various financial products and services in the United Kingdom South Africa, and internationally. The company offers wealth and investment products and services, including portfolio management, discretionary wealth management, financial planning, stockbroking/execution, pensions and retirement, and investment advisory services for private clients, charities, pension funds and trusts. It also provides specialist banking products and services comprising private banking products, such as lending, savings, foreign exchange, private capital, and transactional banking services; corporate and investment banking products, including lending, advisory, hedging, cash deposits and savings, and equity placement services to government, institutions, corporates, and intermediaries. Investec Group was founded in 1974 and is based in Sandton, South Africa.

Investec Group Price Performance

Shares of Investec Group stock traded down GBX 5.10 ($0.06) during trading on Thursday, hitting GBX 456.60 ($5.52). 692,007 shares of the company were exchanged, compared to its average volume of 1,554,969. The firm has a market capitalization of £4.36 billion and a P/E ratio of 913.20. Investec Group has a 1-year low of GBX 269.70 ($3.26) and a 1-year high of GBX 541.40 ($6.54). The firm's fifty day moving average price is GBX 443.38 and its 200 day moving average price is GBX 451.98.

Investec Group Increases Dividend

The business also recently announced a dividend, which was paid on Monday, August 8th. Stockholders of record on Thursday, July 21st were given a dividend of GBX 14 ($0.17) per share. This is a positive change from Investec Group's previous dividend of $11.00. This represents a dividend yield of 3.04%. The ex-dividend date was Thursday, July 21st. Investec Group's payout ratio is presently 37.00%.

Insider Transactions at Investec Group

In other news, insider Fani Titi sold 97,290 shares of the business's stock in a transaction dated Monday, June 6th. The stock was sold at an average price of GBX 486 ($5.87), for a total transaction of £472,829.40 ($571,326.00). In other news, insider Ciaran Whelan sold 7,505 shares of Investec Group stock in a transaction dated Tuesday, May 31st. The stock was sold at an average price of GBX 483 ($5.84), for a total transaction of £36,249.15 ($43,800.33). Also, insider Fani Titi sold 97,290 shares of Investec Group stock in a transaction dated Monday, June 6th. The shares were sold at an average price of GBX 486 ($5.87), for a total value of £472,829.40 ($571,326.00). In the last ninety days, insiders sold 388,050 shares of company stock worth $180,480,809.