Insider Selling: Paragon Banking Group PLC (LON:PAG) Insider Sells 259,904 Shares of Stock

Paragon Banking Group PLC (LON:PAG - Get Free Report) insider Richard Woodman sold 259,904 shares of the company's stock in a transaction on Thursday, January 30th. The shares were sold at an average price of GBX 765 ($9.52), for a total value of £1,988,265.60 ($2,473,582.48).

Richard Woodman also recently made the following trade(s):

• On Friday, December 20th, Richard Woodman acquired 2,241 shares of Paragon Banking Group stock. The shares were purchased at an average cost of GBX 730 ($9.08) per share, with a total value of £16,359.30 ($20,352.45).

Paragon Banking Group Price Performance

Shares of PAG stock traded down GBX 2 ($0.02) during trading hours on Tuesday, reaching GBX 788.50 ($9.81). 509,151 shares of the company were exchanged, compared to its average volume of 526,230. The stock's fifty day moving average is GBX 749.09 and its two-hundred day moving average is GBX 750.58. The company has a market cap of £1.60 billion, a price-to-earnings ratio of 1,194.70, a P/E/G ratio of 0.50 and a beta of 1.52. Paragon Banking Group PLC has a fifty-two week low of GBX 623.50 ($7.76) and a fifty-two week high of GBX 868 ($10.80). The company has a debt-to-equity ratio of 168.79, a current ratio of 1.21 and a quick ratio of 1.48.

Paragon Banking Group (LON:PAG - Get Free Report) last posted its quarterly earnings results on Tuesday, December 3rd. The company reported GBX 101.10 ($1.26) earnings per share (EPS) for the quarter. Paragon Banking Group had a return on equity of 14.43% and a net margin of 42.60%. Sell-side analysts forecast that Paragon Banking Group PLC will post 104.0245566 earnings per share for the current fiscal year.

Paragon Banking Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 6th will be paid a GBX 27.20 ($0.34) dividend. The ex-dividend date of this dividend is Thursday, February 6th. This is a positive change from Paragon Banking Group's previous dividend of $13.20. This represents a yield of 3.64%. Paragon Banking Group's dividend payout ratio is presently 6,060.61%.

Analyst Upgrades and Downgrades

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

About Paragon Banking Group

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.