Secure Trust Bank PLC (LON:STB - Get Free Report) insider Jim Brown bought 12,600 shares of the company's stock in a transaction dated Tuesday, August 20th. The shares were purchased at an average cost of GBX 860 ($11.17) per share, with a total value of £108,360 ($140,800.42).
Secure Trust Bank Stock Up 0.7 %
STB traded up GBX 6 ($0.08) during trading on Wednesday, hitting GBX 876 ($11.38). The company's stock had a trading volume of 12,196 shares, compared to its average volume of 39,038. Secure Trust Bank PLC has a twelve month low of GBX 572 ($7.43) and a twelve month high of GBX 950 ($12.34). The stock's fifty day moving average price is GBX 815.08 and its 200-day moving average price is GBX 755.27. The firm has a market capitalization of £167.05 million, a P/E ratio of 639.42, a PEG ratio of 0.11 and a beta of 0.75.
Secure Trust Bank Cuts Dividend
The firm also recently declared a dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, August 29th will be paid a GBX 11.30 ($0.15) dividend. This represents a yield of 1.32%. The ex-dividend date is Thursday, August 29th. Secure Trust Bank's dividend payout ratio (DPR) is presently 2,043.80%.
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Shore Capital restated a "house stock" rating on shares of Secure Trust Bank in a research report on Wednesday, August 14th. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,420 ($18.45) target price on shares of Secure Trust Bank in a research report on Wednesday, August 14th.
Check Out Our Latest Stock Report on Secure Trust Bank
About Secure Trust Bank
(
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Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates through four segments: Real Estate Finance, Commercial Finance, Vehicle Finance, and Retail Finance. The Real Estate Finance segment provides secured loans against property assets. The Commercial Finance segment provides invoice discounting solutions, coronavirus business interruption loan scheme, and recovery loan schemes.
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