Shares of Impax Asset Management Group Plc (LON:IPX) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 186 ($2.52) and last traded at GBX 185.40 ($2.51), with a volume of 104688 shares. The stock had previously closed at GBX 171.75 ($2.33).

Separately, Peel Hunt increased their target price on shares of Impax Asset Management Group from GBX 140 ($1.90) to GBX 150 ($2.03) and gave the stock a “buy” rating in a research note on Monday, October 9th.

The company has a market cap of $483.84 and a P/E ratio of 2,835.00.

The company also recently announced a dividend, which will be paid on Friday, March 16th. Shareholders of record on Thursday, February 8th will be paid a GBX 2.20 ($0.03) dividend. The ex-dividend date is Thursday, February 8th. This is a boost from Impax Asset Management Group’s previous dividend of $0.70. This represents a yield of 1.35%.

In other Impax Asset Management Group news, insider Ian Simm sold 450,000 shares of the stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of GBX 142 ($1.93), for a total value of £639,000 ($866,558.18).

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Impax Asset Management Group Company Profile

Impax Asset Management Group plc is an investment company offering listed and private equity strategies primarily to institutional clients. The Company has six listed equity strategies: Specialists, Leaders, Water, Asia-Pacific, Global Opportunities, and Food and Agriculture. Its real assets business comprises renewable power generation and sustainable property private equity funds.

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