Paragon Banking Group PLC (LON:PAG) Insider Richard Woodman Sells 259,904 Shares

Paragon Banking Group PLC (LON:PAG) insider Richard Woodman sold 259,904 shares of the stock in a transaction on Thursday, January 30th. The stock was sold at an average price of GBX 765 ($9.48), for a total value of £1,988,265.60 ($2,464,079.32).

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

• On Friday, December 20th, Richard Woodman bought 2,241 shares of Paragon Banking Group stock. The stock was acquired at an average cost of GBX 730 ($9.05) per share, for a total transaction of £16,359.30 ($20,274.26).

Paragon Banking Group Price Performance

PAG opened at GBX 803.50 ($9.96) on Friday. The firm has a market cap of £1.63 billion, a PE ratio of 1,217.42, a P/E/G ratio of 0.50 and a beta of 1.52. The stock has a 50-day moving average price of GBX 747.82 and a 200-day moving average price of GBX 750.29. Paragon Banking Group PLC has a 1 year low of GBX 623.50 ($7.73) and a 1 year high of GBX 868 ($10.76). 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) last issued its earnings results on Tuesday, December 3rd. The company reported GBX 101.10 ($1.25) earnings per share (EPS) for the quarter. Paragon Banking Group had a net margin of 42.60% and a return on equity of 14.43%. Sell-side analysts predict that Paragon Banking Group PLC will post 104.0245566 earnings per share for the current fiscal year.

Paragon Banking Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 6th will be given a GBX 27.20 ($0.34) dividend. The ex-dividend date is Thursday, February 6th. This is a boost 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 6,060.61%.

Wall Street Analysts Forecast Growth

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