Andrew Briggs Buys 31 Shares of Phoenix Group Holdings plc (LON:PHNX) Stock

Phoenix Group Holdings plc (LON:PHNX) insider Andrew Briggs bought 31 shares of Phoenix Group stock in a transaction dated Tuesday, November 5th. The shares were bought at an average cost of GBX 498 ($6.48) per share, for a total transaction of £154.38 ($200.96).

Andrew Briggs also recently made the following trade(s):

• On Monday, September 9th, Andrew Briggs bought 26 shares of Phoenix Group stock. The shares were bought at an average cost of GBX 567 ($7.38) per share, for a total transaction of £147.42 ($191.90).

Phoenix Group Stock Down 1.5 %

PHNX traded down GBX 7.20 ($0.09) during trading on Wednesday, hitting GBX 488.60 ($6.36). The stock had a trading volume of 3,642,698 shares, compared to its average volume of 3,267,003. The company has a market capitalization of £4.89 billion, a PE ratio of -927.17, a PEG ratio of 1.95 and a beta of 0.73. Phoenix Group Holdings plc has a twelve month low of GBX 455.70 ($5.93) and a twelve month high of GBX 581.22 ($7.57). The company has a debt-to-equity ratio of 132.01, a quick ratio of 0.12 and a current ratio of 0.19. The stock has a 50 day simple moving average of GBX 538.77 and a two-hundred day simple moving average of GBX 525.66.

Phoenix Group Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 3rd were paid a GBX 26.65 ($0.35) dividend. The ex-dividend date was Thursday, October 3rd. This represents a yield of 4.62%. Phoenix Group’s dividend payout ratio (DPR) is -10,000.00%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Phoenix Group from GBX 505 ($6.57) to GBX 510 ($6.64) and gave the company an “underweight” rating in a report on Wednesday, September 18th. The Goldman Sachs Group reissued a “sell” rating on shares of Phoenix Group in a report on Wednesday, September 18th.

Phoenix Group Company Profile

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through five segments: Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other. It provides a range of savings and retirement income products to support people across various stages of the savings life cycle.