Rathbones Group Plc (LON:RAT) Insider Dharmash Mistry Sells 2,500 Shares

Rathbones Group Plc (LON:RAT) insider Dharmash Mistry sold 2,500 shares of Rathbones Group stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of GBX 1,742 ($22.62), for a total value of £43,550 ($56,543.75).

Rathbones Group Price Performance

LON:RAT opened at GBX 1,732 ($22.49) on Friday. The company has a debt-to-equity ratio of 7.87, a quick ratio of 0.14 and a current ratio of 1.16. The stock has a 50 day moving average price of GBX 1,805.50 and a 200 day moving average price of GBX 1,757.66. Rathbones Group Plc has a one year low of GBX 1,436 ($18.64) and a one year high of GBX 2,005 ($26.03). The stock has a market cap of £1.49 billion, a PE ratio of 2,839.34, a P/E/G ratio of -26.52 and a beta of 0.65.

Rathbones Group Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, October 1st. Stockholders of record on Thursday, September 5th were given a dividend of GBX 30 ($0.39) per share. This represents a dividend yield of 1.68%. The ex-dividend date was Thursday, September 5th. This is a positive change from Rathbones Group’s previous dividend of $24.00. Rathbones Group’s payout ratio is presently 14,426.23%.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “buy” rating on shares of Rathbones Group in a report on Wednesday, August 7th.

About Rathbones Group

Rathbones Group Plc, together with its subsidiaries, provides individual wealth management, asset management, and related services for private clients, charities, trustees, and professional partners in the United Kingdom, Channel Island, and internationally. The company operates through two segments, Wealth Management and Asset Management.