Dharmash Mistry Sells 2,500 Shares of Rathbones Group Plc (LON:RAT) Stock

Rathbones Group Plc (LON:RAT) insider Dharmash Mistry sold 2,500 shares of Rathbones Group stock in a transaction on Thursday, October 24th. The stock was sold at an average price of GBX 1,742 ($22.62), for a total transaction of £43,550 ($56,543.75).

Rathbones Group Stock Performance

Shares of Rathbones Group stock traded down GBX 11.81 ($0.15) on Thursday, hitting GBX 1,740.20 ($22.59). The stock had a trading volume of 76,676 shares, compared to its average volume of 90,713. The stock has a market cap of £1.50 billion, a price-to-earnings ratio of 2,872.13, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65. The company has a quick ratio of 0.14, a current ratio of 1.16 and a debt-to-equity ratio of 7.87. Rathbones Group Plc has a twelve month low of GBX 1,436 ($18.64) and a twelve month high of GBX 2,005 ($26.03). The business’s 50 day moving average is GBX 1,805.50 and its two-hundred day moving average is GBX 1,757.66.

Rathbones Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, October 1st. Shareholders of record on Thursday, September 5th were issued a GBX 30 ($0.39) dividend. This represents a yield of 1.68%. This is a positive change from Rathbones Group’s previous dividend of $24.00. The ex-dividend date of this dividend was Thursday, September 5th. Rathbones Group’s dividend payout ratio is currently 14,426.23%.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “buy” rating on shares of Rathbones Group in a research note on Wednesday, August 7th.

Rathbones Group Company Profile

Rathbones Group Plc, together with its subsidiaries, provides individual wealth management, asset management, and related services for private clients, charities, trustees, and professional partners in the United Kingdom, Channel Island, and internationally. The company operates through two segments, Wealth Management and Asset Management.