Paragon Banking Group PLC (PAG) Insider Sells £332,329.50 in Stock

Paragon Banking Group PLC (LON:PAG) insider John Heron sold 69,525 shares of the business’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of GBX 478 ($6.43), for a total value of £332,329.50 ($447,280.62).

Shares of Paragon Banking Group PLC (PAG) opened at GBX 478.50 ($6.44) on Friday. Paragon Banking Group PLC has a 52-week low of GBX 359.80 ($4.84) and a 52-week high of GBX 497 ($6.69).

The business also recently announced a dividend, which will be paid on Monday, February 19th. Stockholders of record on Thursday, January 4th will be given a dividend of GBX 11 ($0.15) per share. The ex-dividend date of this dividend is Thursday, January 4th. This is a positive change from Paragon Banking Group’s previous dividend of $4.70. This represents a dividend yield of 2.37%.

A number of research analysts have issued reports on the company. Shore Capital reiterated a “buy” rating on shares of Paragon Banking Group in a research report on Tuesday. J P Morgan Chase & Co restated an “underweight” rating and issued a GBX 415 ($5.59) price objective on shares of Paragon Banking Group in a report on Wednesday, November 29th. Numis Securities restated a “hold” rating and issued a GBX 375 ($5.05) price objective on shares of Paragon Banking Group in a report on Thursday, November 23rd. Peel Hunt restated an “add” rating and issued a GBX 510 ($6.86) price objective on shares of Paragon Banking Group in a report on Thursday, November 23rd. Finally, Canaccord Genuity restated a “hold” rating and issued a GBX 500 ($6.73) price objective on shares of Paragon Banking Group in a report on Thursday, November 23rd. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. Paragon Banking Group presently has a consensus rating of “Hold” and an average price target of GBX 460.56 ($6.20).

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Paragon Banking Group Company Profile

Paragon Banking Group PLC, formerly The Paragon Group of Companies PLC, is engaged in financial services business. The Company operates as an independent buy-to-let lender, and as a debt purchaser through its Idem Capital division, where it purchases, co-manages and services secured and unsecured consumer loan portfolios.

Insider Buying and Selling by Quarter for Paragon Banking Group (LON:PAG)

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