Rathbones Group Plc (LON:RAT) Insider Sells £43,550 in Stock

Rathbones Group Plc (LON:RAT) insider Dharmash Mistry sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of GBX 1,742 ($22.62), for a total value of £43,550 ($56,543.75).

Rathbones Group Stock Up 0.5 %

RAT stock opened at GBX 1,740 ($22.59) on Friday. The stock has a market capitalization of £1.50 billion, a PE ratio of 2,852.46, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65. The company has a fifty day moving average of GBX 1,799.58 and a 200-day moving average of GBX 1,758.88. The company has a debt-to-equity ratio of 7.87, a quick ratio of 0.14 and a current ratio of 1.16. Rathbones Group Plc has a one year low of GBX 1,436 ($18.64) and a one year high of GBX 2,005 ($26.03).

Rathbones Group Increases Dividend

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

Wall Street Analysts Forecast Growth

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

Rathbones Group Company Profile

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.