PageGroup plc (LON:PAGE) Insider Kelvin Stagg Sells 25,039 Shares of Stock

PageGroup plc (LON:PAGE – Get Rating) insider Kelvin Stagg sold 25,039 shares of the firm’s stock in a transaction dated Monday, March 13th. The shares were sold at an average price of GBX 444 ($5.41), for a total transaction of £111,173.16 ($135,494.41).

PageGroup Trading Up 1.3 %

Shares of PageGroup stock opened at GBX 449.60 ($5.48) on Wednesday. The firm has a market capitalization of £1.48 billion, a PE ratio of 899.20, a price-to-earnings-growth ratio of 0.98 and a beta of 1.08. The company has a current ratio of 1.86, a quick ratio of 1.77 and a debt-to-equity ratio of 26.24. The firm’s 50 day moving average is GBX 460.98 and its 200 day moving average is GBX 442.57. PageGroup plc has a 1 year low of GBX 356.80 ($4.35) and a 1 year high of GBX 521.50 ($6.36).

PageGroup Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, June 19th. Investors of record on Thursday, May 18th will be issued a dividend of GBX 10.76 ($0.13) per share. This represents a dividend yield of 2.27%. The ex-dividend date of this dividend is Thursday, May 18th. PageGroup’s dividend payout ratio (DPR) is presently 3,200.00%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on PAGE shares. Jefferies Financial Group raised their target price on shares of PageGroup from GBX 400 ($4.88) to GBX 410 ($5.00) and gave the company an “underperform” rating in a report on Tuesday. Numis Securities reissued a “buy” rating and issued a GBX 600 ($7.31) target price on shares of PageGroup in a report on Thursday, March 9th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a GBX 610 ($7.43) target price on shares of PageGroup in a report on Tuesday, January 17th.

About PageGroup

(Get Rating)

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company offers executive search services under the Page Executive brand; recruitment services for qualified professional on permanent, temporary, and contract or interim basis under the Michael Page brand; recruitment services to organizations requiring permanent employees and temporary or contract staff at technical and administrative support, professional clerical, and junior management levels under the Page Personnel brand; and flexible recruitment outsourcing services under the Page Outsourcing brand.