Nigel S. Terrington Purchases 26,962 Shares of Paragon Banking Group PLC (LON:PAG) Stock

Paragon Banking Group PLC (LON:PAG) insider Nigel S. Terrington bought 26,962 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average price of GBX 790 ($10.07) per share, with a total value of £212,999.80 ($271,475.66).

Paragon Banking Group Trading Up 2.0 %

Shares of Paragon Banking Group stock opened at GBX 803.50 ($10.24) on Friday. The company has a debt-to-equity ratio of 168.79, a current ratio of 1.21 and a quick ratio of 1.48. The business has a fifty day simple moving average of GBX 740.55 and a two-hundred day simple moving average of GBX 752.26. Paragon Banking Group PLC has a 1 year low of GBX 518.40 ($6.61) and a 1 year high of GBX 868 ($11.06). The company has a market capitalization of £1.63 billion, a price-to-earnings ratio of 1,217.42, a P/E/G ratio of 0.50 and a beta of 1.52.

Paragon Banking Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 6th will be paid a dividend of GBX 27.20 ($0.35) per share. This represents a dividend yield of 3.64%. The ex-dividend date is Thursday, February 6th. This is a boost from Paragon Banking Group’s previous dividend of $13.20. Paragon Banking Group’s dividend payout ratio (DPR) is currently 6,060.61%.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “buy” rating on shares of Paragon Banking Group in a research note on Wednesday.

Paragon Banking Group Company Profile

Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; and provides development finance, motor finance, structured lending, and other products.