Rathbones Group Plc (LON:RAT) Insider Buys £158.22 in Stock

Rathbones Group Plc (LON:RAT) insider Paul Stockton bought 9 shares of the stock in a transaction that occurred on Friday, October 4th. The stock was bought at an average price of GBX 1,758 ($23.01) per share, with a total value of £158.22 ($207.07).

Rathbones Group Price Performance

RAT stock opened at GBX 1,790 ($23.43) on Wednesday. The company has a market cap of £1.54 billion, a PE ratio of 2,934.43, a price-to-earnings-growth 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 stock has a 50-day moving average price of GBX 1,816.18 and a two-hundred day moving average price of GBX 1,734.16. Rathbones Group Plc has a 12-month low of GBX 1,436 ($18.79) and a 12-month high of GBX 2,005 ($26.24).

Rathbones Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, October 1st. Stockholders of record on Thursday, September 5th were paid a GBX 30 ($0.39) dividend. This is a positive change from Rathbones Group’s previous dividend of $24.00. This represents a dividend yield of 1.68%. The ex-dividend date was Thursday, September 5th. Rathbones Group’s payout ratio is currently 14,426.23%.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “buy” rating on shares of Rathbones Group in a report on Wednesday, August 7th.

About Rathbones Group

Rathbones Group Plc, together with its subsidiaries, provides individual wealth management, asset management, and related services for private clients, charities, trustees, and professional partners in the United Kingdom, Channel Island, and internationally. The company operates through two segments, Wealth Management and Asset Management.