Legal & General Group Plc (OTCMKTS:LGGNY - Get Free Report) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 48,900 shares, a decline of 34.8% from the February 28th total of 75,000 shares. Based on an average daily trading volume, of 108,900 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company's stock are sold short.
Analysts Set New Price Targets
Several analysts have recently weighed in on LGGNY shares. UBS Group upgraded Legal & General Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, December 5th. The Goldman Sachs Group upgraded Legal & General Group from a "strong sell" rating to a "strong-buy" rating in a research note on Thursday, December 5th.
Get Our Latest Analysis on Legal & General Group
Legal & General Group Trading Down 0.3 %
OTCMKTS LGGNY traded down $0.04 during trading hours on Wednesday, reaching $15.94. 13,676 shares of the company traded hands, compared to its average volume of 52,161. Legal & General Group has a 12 month low of $13.51 and a 12 month high of $16.51. The company has a 50 day moving average of $15.61 and a two-hundred day moving average of $14.90.
Legal & General Group Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Friday, April 25th will be given a dividend of $0.9943 per share. This is a boost from Legal & General Group's previous dividend of $0.36. The ex-dividend date of this dividend is Friday, April 25th.
About Legal & General Group
(
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Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.
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