Man Group Limited (LON:EMG) Insider Antoine Forterre Sells 71,329 Shares of Stock

Man Group Limited (LON:EMG – Get Rating) insider Antoine Forterre sold 71,329 shares of the company’s stock in a transaction on Thursday, March 9th. The stock was sold at an average price of GBX 286 ($3.49), for a total transaction of £204,000.94 ($248,630.03).

Man Group Stock Performance

LON EMG opened at GBX 263.70 ($3.21) on Wednesday. Man Group Limited has a 52-week low of GBX 202.90 ($2.47) and a 52-week high of GBX 293.80 ($3.58). The company has a 50-day simple moving average of GBX 252.41 and a 200 day simple moving average of GBX 233.84. The company has a debt-to-equity ratio of 18.07, a quick ratio of 1.58 and a current ratio of 1.83. The company has a market capitalization of £3.27 billion, a PE ratio of 693.16, a price-to-earnings-growth ratio of -1.15 and a beta of 0.85.

Man Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 19th. Investors of record on Thursday, April 6th will be issued a dividend of $0.10 per share. This represents a yield of 3.43%. The ex-dividend date of this dividend is Thursday, April 6th. This is an increase from Man Group’s previous dividend of $0.06. Man Group’s dividend payout ratio (DPR) is 3,421.05%.

Analyst Ratings Changes

Several analysts have recently commented on EMG shares. Citigroup reiterated a “top pick” rating on shares of Man Group in a report on Wednesday, February 8th. Shore Capital reiterated a “buy” rating on shares of Man Group in a report on Tuesday, February 28th. Finally, Barclays reiterated an “equal weight” rating and issued a GBX 270 ($3.29) target price on shares of Man Group in a report on Wednesday, March 1st. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 291 ($3.55).

Man Group Company Profile

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Man Group Plc is a publicly owned investment manager. The firm provides long-only and alternative investment management services worldwide. It offers a range of liquid investment products and solutions, which include quantitative, multi-manager and discretionary investment styles, and span across various asset classes, like equity, real estate, currency, credit, volatility, and commodities.