Close Brothers Group plc (LON:CBG) insider Jonathan Howell sold 17,363 shares of Close Brothers Group plc stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of GBX 1,468 ($19.47), for a total transaction of £254,888.84 ($338,093.70).

Close Brothers Group plc (CBG) opened at 1475.00 on Thursday. The company has a 50-day moving average of GBX 1,518.53 and a 200-day moving average of GBX 1,556.07. The company’s market cap is GBX 2.20 billion. Close Brothers Group plc has a 52 week low of GBX 1,222.00 and a 52 week high of GBX 1,715.00.

Close Brothers Group plc (LON:CBG) last issued its quarterly earnings results on Tuesday, September 26th. The company reported GBX 131.70 ($1.75) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 130.10 ($1.73) by GBX 1.60 ($0.02). Close Brothers Group plc had a net margin of 23.84% and a return on equity of 17.25%. The company had revenue of £765.60 million during the quarter. On average, equities research analysts predict that Close Brothers Group plc will post $129.77 EPS for the current year.

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

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A number of equities analysts recently commented on the stock. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 1,800 ($23.88) price objective on shares of Close Brothers Group plc in a research note on Tuesday. Numis Securities Ltd reissued a “hold” rating and issued a GBX 1,575 ($20.89) price objective on shares of Close Brothers Group plc in a research note on Tuesday, September 26th. Liberum Capital reissued a “hold” rating and issued a GBX 1,535 ($20.36) price objective on shares of Close Brothers Group plc in a research note on Tuesday, September 26th. Shore Capital reissued a “hold” rating on shares of Close Brothers Group plc in a research note on Tuesday, September 26th. Finally, Peel Hunt reissued a “hold” rating and issued a GBX 1,600 ($21.22) price objective on shares of Close Brothers Group plc in a research note on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,554.13 ($20.61).

Close Brothers Group plc Company Profile

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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