Richard Woodman Acquires 2,241 Shares of Paragon Banking Group PLC (LON:PAG) Stock

Paragon Banking Group PLC (LON:PAG) insider Richard Woodman acquired 2,241 shares of the firm’s stock in a transaction on Friday, December 20th. The shares were acquired at an average price of GBX 730 ($9.12) per share, with a total value of £16,359.30 ($20,446.57).

Paragon Banking Group Stock Down 0.2 %

Shares of LON:PAG traded down GBX 1.50 ($0.02) during trading on Friday, reaching GBX 735.50 ($9.19). 661,698 shares of the company traded hands, compared to its average volume of 430,953. The firm has a fifty day simple moving average of GBX 740.26 and a 200 day simple moving average of GBX 753.35. The company has a quick ratio of 1.48, a current ratio of 1.21 and a debt-to-equity ratio of 168.79. Paragon Banking Group PLC has a 1-year low of GBX 623.50 ($7.79) and a 1-year high of GBX 868 ($10.85). The firm has a market cap of £1.49 billion, a P/E ratio of 1,114.39, a price-to-earnings-growth ratio of 0.50 and a beta of 1.52.

Paragon Banking Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 6th will be paid a GBX 27.20 ($0.34) dividend. The ex-dividend date is Thursday, February 6th. This represents a yield of 3.64%. This is an increase from Paragon Banking Group’s previous dividend of $13.20. Paragon Banking Group’s payout ratio is 6,060.61%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of Paragon Banking Group in a research report on Wednesday, December 4th.

Paragon Banking Group Company Profile

Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; and provides development finance, motor finance, structured lending, and other products.