Stagecoach Group plc (SGC) Insider Ross Paterson Buys 78 Shares
Stagecoach Group plc (LON:SGC) insider Ross Paterson bought 78 shares of the company’s stock in a transaction dated Thursday, July 6th. The stock was purchased at an average cost of GBX 191 ($2.47) per share, for a total transaction of £148.98 ($192.98).
Ross Paterson also recently made the following trade(s):
- On Thursday, June 29th, Ross Paterson bought 15,000 shares of Stagecoach Group plc stock. The stock was purchased at an average cost of GBX 186 ($2.41) per share, for a total transaction of £27,900 ($36,139.90).
- On Friday, June 2nd, Ross Paterson bought 71 shares of Stagecoach Group plc stock. The stock was purchased at an average cost of GBX 213 ($2.76) per share, for a total transaction of £151.23 ($195.89).
Stagecoach Group plc (LON SGC) traded down 0.99% on Friday, reaching GBX 190.50. 1,736,987 shares of the company’s stock traded hands. The stock’s market cap is GBX 1.09 billion. The company’s 50 day moving average is GBX 208.31 and its 200-day moving average is GBX 210.17. Stagecoach Group plc has a 52-week low of GBX 179.00 and a 52-week high of GBX 232.93.
The business also recently announced a dividend, which will be paid on Wednesday, October 4th. Shareholders of record on Thursday, August 31st will be paid a GBX 8.10 ($0.10) dividend. This represents a yield of 4.24%. This is a boost from Stagecoach Group plc’s previous dividend of $3.80. The ex-dividend date of this dividend is Thursday, August 31st.
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A number of brokerages have recently issued reports on SGC. Liberum Capital reaffirmed a “sell” rating and issued a GBX 185 ($2.40) target price on shares of Stagecoach Group plc in a report on Thursday, May 11th. HSBC Holdings plc cut shares of Stagecoach Group plc to a “reduce” rating and dropped their target price for the company from GBX 205 ($2.66) to GBX 200 ($2.59) in a report on Friday, April 28th. J P Morgan Chase & Co dropped their target price on shares of Stagecoach Group plc from GBX 166 ($2.15) to GBX 149 ($1.93) and set an “underweight” rating on the stock in a report on Thursday, June 29th. Shore Capital cut shares of Stagecoach Group plc to a “hold” rating in a report on Friday. Finally, Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 195 ($2.53) target price on shares of Stagecoach Group plc in a report on Thursday, June 29th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 204.67 ($2.65).
Stagecoach Group plc Company Profile
Stagecoach Group plc is a United Kingdom-based transport company. The Company is engaged in the sale and operation of passenger transport. The Company operates in five segments: UK Bus (regional operations), megabus Europe, UK Bus (London), North America and UK Rail. UK Bus (regional operations) connects communities in over 100 towns and cities across the United Kingdom on bus networks stretching from the Highlands of Scotland to south west England.
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