Phoenix Group Holdings plc (LON:PHNX) Insider Purchases £154.38 in Stock

Phoenix Group Holdings plc (LON:PHNX) insider Andrew Briggs acquired 31 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were bought at an average cost of GBX 498 ($6.48) per share, with a total value of £154.38 ($200.96).

Andrew Briggs also recently made the following trade(s):

• On Monday, September 9th, Andrew Briggs acquired 26 shares of Phoenix Group stock. The shares were bought at an average cost of GBX 567 ($7.38) per share, with a total value of £147.42 ($191.90).

Phoenix Group Trading Down 1.5 %

Shares of LON:PHNX traded down GBX 7.20 ($0.09) during trading on Wednesday, reaching GBX 488.60 ($6.36). The company’s stock had a trading volume of 3,642,698 shares, compared to its average volume of 3,267,003. The company has a current ratio of 0.19, a quick ratio of 0.12 and a debt-to-equity ratio of 132.01. Phoenix Group Holdings plc has a 12 month low of GBX 455.70 ($5.93) and a 12 month high of GBX 581.22 ($7.57). The firm’s 50 day simple moving average is GBX 538.77 and its two-hundred day simple moving average is GBX 525.66. The stock has a market capitalization of £4.89 billion, a PE ratio of -927.17, a price-to-earnings-growth ratio of 1.95 and a beta of 0.73.

Phoenix Group Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, October 31st. Investors of record on Thursday, October 3rd were given a GBX 26.65 ($0.35) dividend. This represents a yield of 4.62%. The ex-dividend date was Thursday, October 3rd. Phoenix Group’s dividend payout ratio (DPR) is currently -10,000.00%.

Wall Street Analyst Weigh In

Several research firms have commented on PHNX. The Goldman Sachs Group reissued a “sell” rating on shares of Phoenix Group in a report on Wednesday, September 18th. JPMorgan Chase & Co. increased their price target on shares of Phoenix Group from GBX 505 ($6.57) to GBX 510 ($6.64) and gave the company an “underweight” rating in a report on Wednesday, September 18th.

About Phoenix Group

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through five segments: Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other. It provides a range of savings and retirement income products to support people across various stages of the savings life cycle.