Serco Group plc (LON:SRP) Insider Nigel Crossley Sells 45,409 Shares

Serco Group plc (LON:SRP) insider Nigel Crossley sold 45,409 shares of the company’s stock in a transaction dated Friday, March 28th. The stock was sold at an average price of GBX 157 ($2.03), for a total value of £71,292.13 ($92,108.70).

Serco Group Trading Up 0.4 %

Shares of LON:SRP opened at GBX 157.40 ($2.03) on Tuesday. The company’s 50-day moving average price is GBX 158.44 and its two-hundred day moving average price is GBX 161.62. Serco Group plc has a one year low of GBX 136.20 ($1.76) and a one year high of GBX 196.40 ($2.54). The company has a debt-to-equity ratio of 62.40, a current ratio of 0.91 and a quick ratio of 0.98. The stock has a market capitalization of £1.59 billion, a PE ratio of 12.26, a price-to-earnings-growth ratio of 3.06 and a beta of 0.38.

Serco Group (LON:SRP) last released its earnings results on Thursday, February 27th. The company reported GBX 16.67 ($0.22) earnings per share (EPS) for the quarter. Serco Group had a return on equity of 13.70% and a net margin of 2.87%. On average, equities analysts forecast that Serco Group plc will post 17.552759 EPS for the current fiscal year.

Serco Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 9th. Stockholders of record on Thursday, April 10th will be issued a GBX 2.82 ($0.04) dividend. This represents a dividend yield of 1.77%. The ex-dividend date is Thursday, April 10th. This is an increase from Serco Group’s previous dividend of $1.34. Serco Group’s dividend payout ratio is presently 31.16%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “hold” rating on shares of Serco Group in a research report on Friday, February 7th.

About Serco Group