London Stock Exchange Group plc (LON:LSEG) Insider Sells £1,310,352,010.50 in Stock

London Stock Exchange Group plc (LON:LSEG) insider Martin Brand sold 14,320,787 shares of the firm’s stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of GBX 9,150 ($116.29), for a total value of £1,310,352,010.50 ($1,665,419,433.78).

London Stock Exchange Group Stock Down 0.6 %

Shares of LON:LSEG opened at GBX 9,290 ($118.07) on Thursday. The company has a fifty day moving average of GBX 9,245.73 and a 200-day moving average of GBX 9,073.37. The company has a market capitalization of £49.36 billion, a PE ratio of 6,731.88, a price-to-earnings-growth ratio of 3.03 and a beta of 0.35. The company has a debt-to-equity ratio of 37.70, a quick ratio of 0.01 and a current ratio of 1.00. London Stock Exchange Group plc has a 52-week low of GBX 7,784 ($98.93) and a 52-week high of GBX 9,696 ($123.23).

London Stock Exchange Group Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, May 22nd. Shareholders of record on Thursday, April 18th were given a dividend of GBX 79.30 ($1.01) per share. The ex-dividend date was Thursday, April 18th. This represents a yield of 0.89%. This is a boost from London Stock Exchange Group’s previous dividend of $35.70. London Stock Exchange Group’s dividend payout ratio is 8,333.33%.

Analyst Ratings Changes

LSEG has been the topic of a number of recent research reports. Citigroup restated a “top pick” rating on shares of London Stock Exchange Group in a report on Wednesday, January 31st. Berenberg Bank reaffirmed a “buy” rating and issued a £110 ($139.81) price target on shares of London Stock Exchange Group in a research report on Thursday, April 25th. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, London Stock Exchange Group currently has an average rating of “Buy” and an average target price of £101.64 ($129.18).

London Stock Exchange Group Company Profile

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.