Paragon Banking Group PLC (LON:PAG - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 752.03 ($9.53) and traded as high as GBX 809 ($10.25). Paragon Banking Group shares last traded at GBX 789 ($10.00), with a volume of 264,185 shares changing hands.
Analyst Ratings Changes
Separately, Shore Capital reiterated a "buy" rating on shares of Paragon Banking Group in a report on Wednesday, December 4th.
Get Our Latest Research Report on PAG
Paragon Banking Group Trading Down 0.1 %
The business has a fifty day simple moving average of GBX 752.02 and a two-hundred day simple moving average of GBX 751.97. The stock has a market cap of £1.52 billion, a PE ratio of 8.21, a P/E/G ratio of 0.50 and a beta of 1.52.
Paragon Banking Group (LON:PAG - Get Free Report) last posted its earnings results on Tuesday, December 3rd. The company reported GBX 101.10 ($1.28) earnings per share for the quarter. Paragon Banking Group had a return on equity of 14.13% and a net margin of 25.14%. On average, research analysts predict that Paragon Banking Group PLC will post 104.0245566 earnings per share for the current year.
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 issued a dividend of GBX 27.20 ($0.34) per share. This is an increase from Paragon Banking Group's previous dividend of $13.20. The ex-dividend date of this dividend is Thursday, February 6th. This represents a dividend yield of 3.64%. Paragon Banking Group's dividend payout ratio is 43.17%.
Insider Buying and Selling
In other Paragon Banking Group news, insider Nigel S. Terrington bought 26,962 shares of the business's stock in a transaction on Thursday, December 5th. The shares were acquired at an average cost of GBX 790 ($10.01) per share, for a total transaction of £212,999.80 ($269,893.31). Also, insider Richard Woodman purchased 2,241 shares of the stock in a transaction dated Friday, December 20th. The shares were purchased at an average cost of GBX 730 ($9.25) per share, for a total transaction of £16,359.30 ($20,728.97). 3.59% of the stock is currently owned by company insiders.
Paragon Banking Group Company Profile
(
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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.
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