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

Paragon Banking Group PLC (LON:PAG) insider Richard Woodman acquired 2,241 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was purchased at an average price of GBX 730 ($9.17) per share, for a total transaction of £16,359.30 ($20,559.63).

Paragon Banking Group Price Performance

Shares of LON:PAG opened at GBX 735.50 ($9.24) on Friday. 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 business has a 50 day moving average price of GBX 739.55 and a 200 day moving average price of GBX 753.23. The company has a market cap of £1.49 billion, a price-to-earnings ratio of 1,114.39, a PEG ratio of 0.50 and a beta of 1.52. Paragon Banking Group PLC has a twelve month low of GBX 623.50 ($7.84) and a twelve month high of GBX 868 ($10.91).

Paragon Banking Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 6th will be given a GBX 27.20 ($0.34) dividend. The ex-dividend date of this dividend is Thursday, February 6th. This represents a dividend yield of 3.64%. This is an increase from Paragon Banking Group’s previous dividend of $13.20. Paragon Banking Group’s dividend payout ratio (DPR) is currently 6,060.61%.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of Paragon Banking Group in a research 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.