Investec plc (LON:INVP) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 433 ($5.66) and last traded at GBX 433.50 ($5.66), with a volume of 1246710 shares traded. The stock had previously closed at GBX 456.10 ($5.96).

Several equities research analysts have commented on the company. Numis Securities restated a “hold” rating on shares of Investec in a research note on Friday, September 14th. UBS Group restated a “buy” rating and set a GBX 600 ($7.84) price target (down from GBX 630 ($8.23)) on shares of Investec in a research note on Wednesday, November 7th.

The business also recently announced a dividend, which will be paid on Wednesday, December 19th. Stockholders of record on Thursday, December 6th will be given a GBX 11 ($0.14) dividend. This represents a dividend yield of 2.23%. The ex-dividend date of this dividend is Thursday, December 6th.

In other news, insider Glynn Burger sold 68,792 shares of the company’s stock in a transaction dated Friday, September 14th. The stock was sold at an average price of GBX 520 ($6.79), for a total value of £357,718.40 ($467,422.45). Also, insider Ian Kantor purchased 200,000 shares of Investec stock in a transaction that occurred on Tuesday, November 20th. The stock was acquired at an average cost of GBX 485 ($6.34) per share, with a total value of £970,000 ($1,267,476.81).

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About Investec (LON:INVP)

Investec plc, a specialist bank and asset manager, provides various financial products and services in the United Kingdom, South Africa, Australia, other European countries, Hong Kong, India, Mauritius, the United States, and internationally. It operates in three divisions: Asset Management, Wealth & Investment, and Specialist Banking.

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