Close Brothers Group plc (LON:CBG) insider Rebekah Etherington sold 19,477 shares of the business’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of GBX 1,474 ($19.55), for a total transaction of £287,090.98 ($380,807.77).

Rebekah Etherington also recently made the following trade(s):

  • On Tuesday, September 5th, Rebekah Etherington purchased 10 shares of Close Brothers Group plc stock. The shares were purchased at an average price of GBX 1,535 ($20.36) per share, for a total transaction of £153.50 ($203.61).

Shares of Close Brothers Group plc (LON:CBG) traded up 0.20% on Wednesday, reaching GBX 1475.00. The company’s stock had a trading volume of 176,743 shares. The firm’s 50-day moving average price is GBX 1,519.58 and its 200-day moving average price is GBX 1,556.65. Close Brothers Group plc has a 12 month low of GBX 1,222.00 and a 12 month high of GBX 1,715.00. The stock’s market cap is GBX 2.20 billion.

Close Brothers Group plc (LON:CBG) last announced its earnings results on Tuesday, September 26th. The company reported GBX 131.70 ($1.75) earnings per share (EPS) for the quarter, beating the consensus estimate of GBX 130.10 ($1.73) by GBX 1.60 ($0.02). Close Brothers Group plc had a net margin of 23.84% and a return on equity of 17.25%. The business had revenue of £765.60 million during the quarter. On average, analysts forecast that Close Brothers Group plc will post $129.77 earnings per share for the current fiscal year.

The business also recently declared a dividend, which will be paid on Tuesday, November 21st. Stockholders of record on Thursday, October 12th will be issued a GBX 40 ($0.53) dividend. This is a positive change from Close Brothers Group plc’s previous dividend of $20.00. The ex-dividend date is Thursday, October 12th. This represents a dividend yield of 2.71%.

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CBG has been the topic of a number of recent analyst reports. Numis Securities Ltd cut shares of Close Brothers Group plc to a “hold” rating and decreased their price objective for the company from GBX 1,779 ($23.60) to GBX 1,557 ($20.65) in a research note on Monday, July 3rd. J P Morgan Chase & Co upped their target price on Close Brothers Group plc from GBX 1,780 ($23.61) to GBX 1,800 ($23.88) and gave the stock an “overweight” rating in a research note on Monday, July 24th. Peel Hunt restated a “hold” rating and set a GBX 1,600 ($21.22) target price on shares of Close Brothers Group plc in a research note on Friday, July 21st. Liberum Capital upped their target price on Close Brothers Group plc from GBX 1,400 ($18.57) to GBX 1,535 ($20.36) and gave the stock a “hold” rating in a research note on Friday, July 14th. Finally, Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 1,550 ($20.56) target price on shares of Close Brothers Group plc in a report on Monday, July 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 1,554.13 ($20.61).

About Close Brothers Group plc

Close Brothers Group plc is a merchant banking company. The Company provides lending, deposit taking, wealth management services and securities trading. The Company operates through three segments: Banking, Securities and Asset Management. The Banking segment provides lending to small businesses and individuals, with an emphasis on specialist finance.

Insider Buying and Selling by Quarter for Close Brothers Group plc (LON:CBG)

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