FirstGroup plc (LON:FGP) Insider Acquires £149.60 in Stock

FirstGroup plc (LON:FGP) insider Ryan Mangold acquired 88 shares of the firm’s stock in a transaction dated Friday, July 12th. The shares were acquired at an average price of GBX 170 ($2.20) per share, with a total value of £149.60 ($194.01).

Ryan Mangold also recently made the following trade(s):

• On Tuesday, June 11th, Ryan Mangold bought 89 shares of FirstGroup stock. The shares were purchased at an average cost of GBX 170 ($2.20) per share, for a total transaction of £151.30 ($196.21).

FirstGroup Stock Down 0.2 %

FirstGroup stock opened at GBX 175.40 ($2.27) on Thursday. FirstGroup plc has a fifty-two week low of GBX 134.90 ($1.75) and a fifty-two week high of GBX 189 ($2.45). The company has a debt-to-equity ratio of 288.86, a quick ratio of 0.74 and a current ratio of 0.76. The firm has a 50 day moving average price of GBX 166.37 and a 200 day moving average price of GBX 167.95. The company has a market capitalization of £1.11 billion, a PE ratio of -17,540.00, a price-to-earnings-growth ratio of 5.21 and a beta of 1.42.

FirstGroup Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, August 23rd. Shareholders of record on Thursday, July 18th will be paid a GBX 4 ($0.05) dividend. This is an increase from FirstGroup’s previous dividend of $1.50. The ex-dividend date of this dividend is Thursday, July 18th. This represents a dividend yield of 2.36%. FirstGroup’s payout ratio is -40,000.00%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Berenberg Bank raised their price target on shares of FirstGroup from GBX 195 ($2.53) to GBX 205 ($2.66) and gave the company a “buy” rating in a research note on Monday, July 8th. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 200 ($2.59) target price on shares of FirstGroup in a research note on Wednesday, June 12th.

FirstGroup Company Profile

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.