Ashmore Group plc (LON:ASHM) insider Clive Adamson purchased 934 shares of the firm’s stock in a transaction on Friday, October 13th. The shares were purchased at an average price of GBX 374 ($4.92) per share, with a total value of £3,493.16 ($4,592.64).

The firm also recently disclosed a dividend, which will be paid on Friday, December 1st. Shareholders of record on Thursday, November 2nd will be issued a GBX 12.10 ($0.16) dividend. The ex-dividend date is Thursday, November 2nd. This represents a yield of 3.56%. This is an increase from Ashmore Group plc’s previous dividend of $4.55.

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ASHM has been the subject of a number of recent analyst reports. Berenberg Bank initiated coverage on shares of Ashmore Group plc in a report on Thursday, June 15th. They set a “buy” rating and a GBX 400 ($5.26) price target for the company. Peel Hunt upgraded shares of Ashmore Group plc to an “add” rating and upped their price target for the company from GBX 330 ($4.34) to GBX 400 ($5.26) in a report on Monday, June 19th. Liberum Capital decreased their price target on shares of Ashmore Group plc from GBX 338 ($4.44) to GBX 333 ($4.38) and set a “hold” rating for the company in a report on Friday, July 7th. Jefferies Group LLC upped their price target on shares of Ashmore Group plc from GBX 325 ($4.27) to GBX 354 ($4.65) and gave the company a “hold” rating in a report on Tuesday, July 11th. Finally, Shore Capital restated a “hold” rating on shares of Ashmore Group plc in a report on Friday, July 14th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 353.56 ($4.65).

About Ashmore Group plc

Ashmore Group plc is a United Kingdom-based company, which operates as a specialist emerging markets asset manager. The Company offers a range of investment themes, such as external debt, local currency, corporate debt, blended debt, equities, alternatives, multi-strategy and overlay/liquidity. Its geographical segments include United Kingdom, United States and Others.

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