London Stock Exchange Group plc (LON:LSEG) Insider Buys £183,080 in Stock

London Stock Exchange Group plc (LON:LSEG) insider Michel-Alain Proch bought 2,000 shares of the firm’s stock in a transaction dated Friday, May 3rd. The shares were acquired at an average price of GBX 9,154 ($115.00) per share, with a total value of £183,080 ($230,000.00).

London Stock Exchange Group Stock Down 0.2 %

London Stock Exchange Group stock opened at GBX 9,162 ($115.10) on Friday. The stock’s 50 day moving average price is GBX 9,242.65 and its 200 day moving average price is GBX 9,008.87. London Stock Exchange Group plc has a 1-year low of GBX 7,784 ($97.79) and a 1-year high of GBX 9,696 ($121.81). The company has a market cap of £48.68 billion, a PE ratio of 6,639.13, a price-to-earnings-growth ratio of 2.98 and a beta of 0.33. The company has a debt-to-equity ratio of 37.70, a current ratio of 1.00 and a quick ratio of 0.01.

London Stock Exchange Group Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Thursday, April 18th will be given a dividend of GBX 79.30 ($1.00) per share. This is a positive change from London Stock Exchange Group’s previous dividend of $35.70. This represents a dividend yield of 0.89%. The ex-dividend date of this dividend is Thursday, April 18th. London Stock Exchange Group’s payout ratio is presently 8,333.33%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Citigroup reaffirmed a “top pick” rating on shares of London Stock Exchange Group in a research note on Wednesday, January 31st. Berenberg Bank reaffirmed a “buy” rating and set a £110 ($138.19) price target on shares of London Stock Exchange Group in a report on Thursday, April 25th. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of £101.64 ($127.69).

About London Stock Exchange Group

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.