The Property Franchise Group PLC (LON:TPFG) Insider Michelle Brook Sells 150,000 Shares of Stock

The Property Franchise Group PLC (LON:TPFG) insider Michelle Brook sold 150,000 shares of the firm’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of GBX 415 ($5.39), for a total transaction of £622,500 ($808,231.63).

The Property Franchise Group Price Performance

TPFG stock opened at GBX 412 ($5.35) on Thursday. The Property Franchise Group PLC has a 52-week low of GBX 305 ($3.96) and a 52-week high of GBX 490 ($6.36). The company has a quick ratio of 1.20, a current ratio of 0.85 and a debt-to-equity ratio of 15.84. The stock has a market cap of £262.65 million, a price-to-earnings ratio of 2,168.42 and a beta of 0.42. The business has a fifty day moving average of GBX 451.35 and a two-hundred day moving average of GBX 427.77.

The Property Franchise Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 4th. Investors of record on Thursday, September 19th were given a dividend of GBX 6 ($0.08) per share. This represents a dividend yield of 1.27%. The ex-dividend date was Thursday, September 19th. The Property Franchise Group’s payout ratio is 6,842.11%.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 589 ($7.65) price target on shares of The Property Franchise Group in a research note on Tuesday, September 10th.

The Property Franchise Group Company Profile

The Property Franchise Group PLC manages and leases residential real estate properties in the United Kingdom. The company operates through two segments: Property Franchising and Financial Services. It provides residential letting, estate agency, sales and property management services; and financial services, as well as operates as property franchisor.