Shares of Arbuthnot Banking Group PLC (LON:ARBB - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 908.75 ($11.76) and traded as low as GBX 895.15 ($11.59). Arbuthnot Banking Group shares last traded at GBX 906.55 ($11.73), with a volume of 1,164 shares traded.
Analysts Set New Price Targets
Separately, Shore Capital reiterated a "house stock" rating on shares of Arbuthnot Banking Group in a report on Thursday, February 20th.
Read Our Latest Research Report on ARBB
Arbuthnot Banking Group Stock Down 0.8 %
The stock's fifty day moving average price is GBX 903.61 and its 200-day moving average price is GBX 908.23. The company has a market capitalization of £145.39 million, a price-to-earnings ratio of 4.75, a P/E/G ratio of 0.38 and a beta of 1.00.
Arbuthnot Banking Group (LON:ARBB - Get Free Report) last released its earnings results on Thursday, March 27th. The company reported GBX 152.30 ($1.97) earnings per share for the quarter. Arbuthnot Banking Group had a net margin of 12.76% and a return on equity of 12.11%. Analysts anticipate that Arbuthnot Banking Group PLC will post 169.2518248 EPS for the current year.
Arbuthnot Banking Group Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, May 5th. Investors of record on Thursday, May 1st will be issued a dividend of GBX 69.75 ($0.90) per share. This represents a yield of 3.17%. The ex-dividend date is Thursday, May 1st. This is a positive change from Arbuthnot Banking Group's previous dividend of $40.00. Arbuthnot Banking Group's dividend payout ratio is presently 24.87%.
About Arbuthnot Banking Group
(
Get Free Report)
Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments.
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