Paragon Banking Group PLC (LON:PAG) Insider Peter Hill Buys 159 Shares

Paragon Banking Group PLC (LON:PAG) insider Peter Hill purchased 159 shares of the business’s stock in a transaction on Monday, March 17th. The shares were purchased at an average price of GBX 740 ($9.61) per share, with a total value of £1,176.60 ($1,528.25).

Paragon Banking Group Trading Up 0.5 %

LON:PAG opened at GBX 742 ($9.64) on Tuesday. The stock has a 50-day moving average price of GBX 749.87 and a 200 day moving average price of GBX 748.25. Paragon Banking Group PLC has a 12-month low of GBX 648.50 ($8.42) and a 12-month high of GBX 868 ($11.27). The stock has a market capitalization of £1.48 billion, a P/E ratio of 8.01, a P/E/G ratio of 0.50 and a beta of 1.52.

Paragon Banking Group Increases Dividend

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

Analysts Set New Price Targets

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

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.