Premier Asset Management Group PLC (LON:PAM) insider Michael Patrick O’Shea sold 483,264 shares of the stock in a transaction dated Monday, December 4th. The stock was sold at an average price of GBX 210 ($2.83), for a total value of £1,014,854.40 ($1,365,887.48).

Shares of Premier Asset Management Group PLC (LON:PAM) opened at GBX 213 ($2.87) on Tuesday. Premier Asset Management Group PLC has a 1-year low of GBX 122.82 ($1.65) and a 1-year high of GBX 213.90 ($2.88).

The firm also recently declared a dividend, which will be paid on Friday, January 5th. Shareholders of record on Thursday, December 7th will be issued a GBX 4.25 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a dividend yield of 2%. This is a boost from Premier Asset Management Group’s previous dividend of $1.25.

PAM has been the topic of a number of recent research reports. Numis Securities increased their price objective on Premier Asset Management Group from GBX 210 ($2.83) to GBX 225 ($3.03) and gave the stock an “add” rating in a report on Thursday, November 2nd. Liberum Capital initiated coverage on Premier Asset Management Group in a report on Tuesday, September 26th. They set a “buy” rating and a GBX 249 ($3.35) price objective on the stock.

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Premier Asset Management Group Company Profile

Premier Asset Management Group PLC is a retail asset management group with a focus on delivering investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds. The Company offers a range of investment types, including mutual funds, closed-ended investment companies and a portfolio management service.

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