London Stock Exchange Group plc (LON:LSEG) Insider Michel-Alain Proch Acquires 2,000 Shares

London Stock Exchange Group plc (LON:LSEG) insider Michel-Alain Proch acquired 2,000 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was bought at an average price of GBX 9,154 ($115.00) per share, for a total transaction of £183,080 ($230,000.00).

London Stock Exchange Group Stock Performance

Shares of London Stock Exchange Group stock opened at GBX 9,308 ($116.93) on Wednesday. The business has a 50-day simple moving average of GBX 9,224.09 and a 200-day simple moving average of GBX 8,998.98. The company has a debt-to-equity ratio of 37.70, a quick ratio of 0.01 and a current ratio of 1.00. London Stock Exchange Group plc has a one year low of GBX 7,784 ($97.79) and a one year high of GBX 9,696 ($121.81). The company has a market cap of £49.45 billion, a PE ratio of 6,727.54, a P/E/G ratio of 2.98 and a beta of 0.33.

London Stock Exchange Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Thursday, April 18th will be given a GBX 79.30 ($1.00) dividend. The ex-dividend date of this dividend is Thursday, April 18th. This is an increase from London Stock Exchange Group’s previous dividend of $35.70. This represents a dividend yield of 0.89%. London Stock Exchange Group’s dividend payout ratio is currently 8,333.33%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on LSEG. Citigroup reissued a “top pick” rating on shares of London Stock Exchange Group in a research note on Wednesday, January 31st. Berenberg Bank reissued a “buy” rating and issued a £110 ($138.19) price target on shares of London Stock Exchange Group in a research report on Thursday, April 25th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of £101.64 ($127.69).

London Stock Exchange Group Company Profile

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.