Mattioli Woods plc (LON:MTW) reached a new 52-week low on Monday . The company traded as low as GBX 792.50 ($10.42) and last traded at GBX 792.50 ($10.42), with a volume of 1433 shares trading hands. The stock had previously closed at GBX 792.50 ($10.42).

Several research analysts have weighed in on MTW shares. Canaccord Genuity Group Inc. reissued a “hold” rating and set a GBX 840 ($11.05) price objective on shares of Mattioli Woods plc in a report on Friday, November 3rd. Canaccord Genuity reiterated a “hold” rating and issued a GBX 840 ($11.05) price objective on shares of Mattioli Woods plc in a research report on Friday, November 3rd. FinnCap downgraded shares of Mattioli Woods plc to a “hold” rating and set a GBX 850 ($11.18) price target on the stock. in a research report on Tuesday, September 5th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Mattioli Woods plc in a research note on Tuesday, August 15th. Six research analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average price target of GBX 795.40 ($10.46).

The firm also recently declared a dividend, which was paid on Friday, October 27th. Stockholders of record on Thursday, September 21st were paid a dividend of GBX 9.40 ($0.12) per share. This is a boost from Mattioli Woods plc’s previous dividend of $4.70. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, September 21st.

In related news, insider Ian Thomas Mattioli purchased 436 shares of the firm’s stock in a transaction that occurred on Monday, October 9th. The shares were purchased at an average cost of GBX 823 ($10.82) per share, with a total value of £3,588.28 ($4,719.56). Also, insider Nathan James McLean Imlach purchased 76 shares of Mattioli Woods plc stock in a transaction dated Friday, October 27th. The shares were purchased at an average cost of GBX 820 ($10.79) per share, for a total transaction of £623.20 ($819.68). Insiders have purchased 63,592 shares of company stock valued at $50,443,588 in the last quarter.

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About Mattioli Woods plc

Mattioli Woods plc is engaged in providing pensions consultancy and administration services primarily to owner-managers, senior executives and professional persons in the United Kingdom. It offers a range of services namely wealth management, employee benefits and intermediary services. Wealth management services include: financial planning, which provide wealth building and trust planning; investments, which include portfolio management, structured products and individual savings account (ISA); pension, which provide self-invested personnel pension and small Self-Administered Scheme(SSAS); property, which includes real estate investment trust (REIT), mortgage advice and legal services, and Protection, which includes life insurance and income protection.

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