Paragon Banking Group PLC (LON:PAG) Insider Richard Woodman Purchases 2,241 Shares

Paragon Banking Group PLC (LON:PAG - Get Free Report) insider Richard Woodman acquired 2,241 shares of the stock in a transaction dated Friday, December 20th. The stock was bought at an average cost of GBX 730 ($9.17) per share, with a total value of £16,359.30 ($20,559.63).

Paragon Banking Group Price Performance

Shares of Paragon Banking Group stock traded down GBX 1.50 ($0.02) on Friday, reaching GBX 735.50 ($9.24). The company's stock had a trading volume of 661,698 shares, compared to its average volume of 430,953. Paragon Banking Group PLC has a 52-week low of GBX 623.50 ($7.84) and a 52-week high of GBX 868 ($10.91). The company has a market capitalization of £1.49 billion, a P/E ratio of 1,114.39, a PEG ratio of 0.50 and a beta of 1.52. The company has a quick ratio of 1.48, a current ratio of 1.21 and a debt-to-equity ratio of 168.79. The stock has a 50-day moving average price of GBX 740.26 and a 200-day moving average price of GBX 753.35.

Paragon Banking Group Increases Dividend

The business also recently declared 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 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 (DPR) is currently 6,060.61%.

Wall Street Analysts Forecast Growth

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

Paragon Banking Group Company Profile

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.