PageGroup plc (LON:PAGE) Insider Kelvin Stagg Sells 9,616 Shares

PageGroup plc (LON:PAGE – Get Rating) insider Kelvin Stagg sold 9,616 shares of PageGroup stock in a transaction that occurred on Wednesday, March 15th. The stock was sold at an average price of GBX 440 ($5.36), for a total transaction of £42,310.40 ($51,566.61).

Kelvin Stagg also recently made the following trade(s):

• On Monday, March 13th, Kelvin Stagg sold 25,039 shares of PageGroup stock. 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 Stock Up 1.0 %

LON:PAGE opened at GBX 444 ($5.41) on Friday. PageGroup plc has a 1-year low of GBX 356.80 ($4.35) and a 1-year high of GBX 521.50 ($6.36). The company has a 50-day moving average of GBX 459.52 and a 200 day moving average of GBX 442.56. The firm has a market cap of £1.46 billion, a PE ratio of 888.00, a price-to-earnings-growth ratio of 0.98 and a beta of 1.08. The company has a debt-to-equity ratio of 26.24, a current ratio of 1.86 and a quick ratio of 1.77.

PageGroup Cuts Dividend

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

Wall Street Analysts Forecast Growth

PAGE has been the topic of several recent analyst reports. Numis Securities reiterated a “buy” rating and set a GBX 600 ($7.31) price objective on shares of PageGroup in a research report on Thursday, March 9th. Jefferies Financial Group boosted their price target on shares of PageGroup from GBX 400 ($4.88) to GBX 410 ($5.00) and gave the stock an “underperform” rating in a research report on Tuesday. Finally, Royal Bank of Canada restated an “outperform” rating and issued a GBX 610 ($7.43) price target on shares of PageGroup in a research report on Tuesday, January 17th.

PageGroup Company Profile

(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.