Paragon Banking Group PLC (LON:PAG) Insider Richard Woodman Sells 259,904 Shares

Paragon Banking Group PLC (LON:PAG) insider Richard Woodman sold 259,904 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of GBX 765 ($9.40), for a total transaction of £1,988,265.60 ($2,442,886.84).

Richard Woodman also recently made the following trade(s):

• On Friday, December 20th, Richard Woodman bought 2,241 shares of Paragon Banking Group stock. The stock was purchased at an average cost of GBX 730 ($8.97) per share, with a total value of £16,359.30 ($20,099.89).

Paragon Banking Group Stock Up 4.9 %

PAG opened at GBX 803.50 ($9.87) on Monday. The stock has a market capitalization of £1.63 billion, a price-to-earnings ratio of 1,217.42, a price-to-earnings-growth ratio of 0.50 and a beta of 1.52. Paragon Banking Group PLC has a 12 month low of GBX 623.50 ($7.66) and a 12 month high of GBX 868 ($10.66). The company has a debt-to-equity ratio of 168.79, a current ratio of 1.21 and a quick ratio of 1.48. The business has a 50-day moving average of GBX 747.82 and a two-hundred day moving average of GBX 750.37.

Paragon Banking Group (LON:PAG) last released its earnings results on Tuesday, December 3rd. The company reported GBX 101.10 ($1.24) earnings per share (EPS) for the quarter. Paragon Banking Group had a net margin of 42.60% and a return on equity of 14.43%. On average, research analysts expect that Paragon Banking Group PLC will post 104.0245566 earnings per share for the current year.

Paragon Banking Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 6th will be issued a dividend of GBX 27.20 ($0.33) per share. This represents a dividend yield of 3.64%. This is an increase from Paragon Banking Group’s previous dividend of $13.20. The ex-dividend date of this dividend is Thursday, February 6th. Paragon Banking Group’s dividend payout ratio is presently 6,060.61%.

Wall Street Analyst Weigh In

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

About Paragon Banking Group

Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; and provides development finance, motor finance, structured lending, and other products.