St. James’s Place plc (LON:STJ) Insider Sells £1,323.65 in Stock

St. James’s Place plc (LON:STJ – Get Rating) insider Andrew Croft sold 115 shares of the company’s stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of GBX 1,151 ($14.32), for a total value of £1,323.65 ($1,646.33).

Andrew Croft also recently made the following trade(s):

• On Monday, March 27th, Andrew Croft sold 15,346 shares of St. James’s Place stock. The stock was sold at an average price of GBX 1,176 ($14.63), for a total value of £180,468.96 ($224,463.88).

St. James’s Place Stock Performance

Shares of St. James’s Place stock opened at GBX 1,105 ($13.74) on Friday. St. James’s Place plc has a 52 week low of GBX 904.60 ($11.25) and a 52 week high of GBX 1,310 ($16.29). The business’s fifty day simple moving average is GBX 1,175.66 and its 200-day simple moving average is GBX 1,183.72. The firm has a market cap of £6.06 billion, a PE ratio of 1,513.70, a price-to-earnings-growth ratio of 1.10 and a beta of 1.25. The company has a quick ratio of 3.85, a current ratio of 1.27 and a debt-to-equity ratio of 22.25.

St. James’s Place Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 31st. Investors of record on Thursday, May 4th will be paid a dividend of GBX 37.19 ($0.46) per share. This is a positive change from St. James’s Place’s previous dividend of $15.59. The ex-dividend date is Thursday, May 4th. This represents a yield of 3.01%. St. James’s Place’s dividend payout ratio is presently 7,260.27%.

Wall Street Analyst Weigh In

Several brokerages recently commented on STJ. Peel Hunt reiterated a “buy” rating and set a GBX 1,500 ($18.66) price target on shares of St. James’s Place in a research report on Tuesday, February 28th. Morgan Stanley reiterated an “overweight” rating and set a GBX 1,570 ($19.53) price target on shares of St. James’s Place in a research report on Tuesday, March 28th. Barclays reiterated an “equal weight” rating and set a GBX 1,430 ($17.79) price target on shares of St. James’s Place in a research report on Wednesday, March 1st. JPMorgan Chase & Co. upped their target price on St. James’s Place from GBX 1,153 ($14.34) to GBX 1,200 ($14.93) and gave the company a “neutral” rating in a report on Tuesday, March 7th. Finally, Jefferies Financial Group upped their target price on St. James’s Place from GBX 1,340 ($16.67) to GBX 1,460 ($18.16) and gave the company a “buy” rating in a report on Wednesday, March 1st. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, St. James’s Place currently has an average rating of “Moderate Buy” and an average target price of GBX 1,392.78 ($17.32).

About St. James’s Place

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St. James's Place plc is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in public equity and fixed income market across the globe. The firm was formerly known as St. James's Place Capital plc. St.