Paragon Banking Group PLC (LON:PAG) Insider Graeme Yorston Buys 458 Shares

Paragon Banking Group PLC (LON:PAG - Get Free Report) insider Graeme Yorston purchased 458 shares of the company's stock in a transaction that occurred on Tuesday, March 11th. The stock was bought at an average cost of GBX 717 ($9.29) per share, for a total transaction of £3,283.86 ($4,253.70).

Paragon Banking Group Price Performance

Paragon Banking Group stock traded up GBX 27 ($0.35) during trading hours on Friday, hitting GBX 739.50 ($9.58). The company had a trading volume of 482,626 shares, compared to its average volume of 917,148. Paragon Banking Group PLC has a fifty-two week low of GBX 648.50 ($8.40) and a fifty-two week high of GBX 868 ($11.24). The firm has a market capitalization of £1.48 billion, a P/E ratio of 7.98, a price-to-earnings-growth ratio of 0.50 and a beta of 1.52. The firm's fifty day moving average is GBX 750.22 and its 200-day moving average is GBX 748.87.

Paragon Banking Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 7th. Investors of record on Thursday, February 6th were issued a dividend of GBX 27.20 ($0.35) per share. This represents a dividend yield of 3.64%. This is a positive change from Paragon Banking Group's previous dividend of $13.20. The ex-dividend date was Thursday, February 6th. Paragon Banking Group's dividend payout ratio (DPR) is currently 43.17%.

Wall Street Analyst Weigh In

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

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Paragon Banking Group Company Profile

Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small and medium-sized businesses (‘SMEs') and residential property developers in the UK. Founded in 1985 and listed on the London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people.