Close Brothers Group plc (LON:CBG) insider Rebekah Etherington bought 10 shares of the business’s stock in a transaction dated Thursday, October 5th. The stock was acquired at an average cost of GBX 1,475 ($19.56) per share, for a total transaction of £147.50 ($195.65).

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

  • On Tuesday, October 3rd, Rebekah Etherington sold 19,477 shares of Close Brothers Group plc stock. 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).
  • On Tuesday, September 5th, Rebekah Etherington bought 10 shares of Close Brothers Group plc stock. The stock was acquired at an average cost of GBX 1,535 ($20.36) per share, for a total transaction of £153.50 ($203.61).

Close Brothers Group plc (LON CBG) traded up 0.54% during midday trading on Friday, reaching GBX 1491.00. 152,116 shares of the company traded hands. The firm has a 50 day moving average of GBX 1,517.25 and a 200-day moving average of GBX 1,555.56. 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 capitalization is GBX 2.23 billion.

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

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

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A number of brokerages have recently commented on CBG. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 1,800 ($23.88) target price on shares of Close Brothers Group plc in a research note on Tuesday. Jefferies Group LLC reissued a “hold” rating and issued a GBX 1,543 ($20.47) target price (up previously from GBX 1,506 ($19.98)) on shares of Close Brothers Group plc in a research note on Thursday, September 28th. Barclays PLC cut their target price on shares of Close Brothers Group plc from GBX 1,550 ($20.56) to GBX 1,450 ($19.23) and set an “equal weight” rating on the stock in a research note on Wednesday, September 27th. Liberum Capital reissued a “hold” rating and issued a GBX 1,535 ($20.36) target price on shares of Close Brothers Group plc in a research note on Tuesday, September 26th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Close Brothers Group plc in a research note on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price 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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