William Jackson Purchases 100,000 Shares of Bridgepoint Group plc (LON:BPT) Stock

Bridgepoint Group plc (LON:BPTGet Rating) insider William Jackson acquired 100,000 shares of Bridgepoint Group stock in a transaction dated Thursday, September 22nd. The shares were purchased at an average price of GBX 235 ($2.84) per share, with a total value of £235,000 ($283,953.60).

Bridgepoint Group Trading Down 3.6 %

Shares of BPT stock opened at GBX 216.20 ($2.61) on Friday. The company has a current ratio of 10.23, a quick ratio of 3.60 and a debt-to-equity ratio of 11.60. The stock has a market cap of £1.78 billion and a P/E ratio of 2,891.46. The stock has a 50 day simple moving average of GBX 254.76 and a 200 day simple moving average of GBX 285.97. Bridgepoint Group plc has a 1 year low of GBX 203.40 ($2.46) and a 1 year high of GBX 571 ($6.90).

Bridgepoint Group Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, September 26th. Investors of record on Thursday, August 18th will be paid a GBX 4 ($0.05) dividend. This is a boost from Bridgepoint Group’s previous dividend of $3.64. This represents a dividend yield of 1.75%. The ex-dividend date of this dividend is Thursday, August 18th. Bridgepoint Group’s payout ratio is 45.50%.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reduced their price objective on Bridgepoint Group from GBX 480 ($5.80) to GBX 440 ($5.32) and set an “overweight” rating for the company in a report on Thursday, July 21st.

Bridgepoint Group Company Profile

(Get Rating)

Bridgepoint Group plc operates as a private equity and credit fund manager in Europe, the United States, and China. The company invests in the middle market private assets. It specialises and invests in private equity and credit internationally across six principal sectors, including business services, consumer, financial services, healthcare, advanced industrials, and technology.

Further Reading

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