Phoenix Group Holdings plc (LON:PHNX) Insider Andrew Briggs Acquires 31 Shares

Phoenix Group Holdings plc (LON:PHNXGet Free Report) insider Andrew Briggs purchased 31 shares of the business’s stock in a transaction dated Wednesday, June 5th. The stock was bought at an average price of GBX 496 ($6.35) per share, with a total value of £153.76 ($197.00).

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

  • On Tuesday, May 7th, Andrew Briggs purchased 29 shares of Phoenix Group stock. The stock was bought at an average price of GBX 517 ($6.62) per share, with a total value of £149.93 ($192.09).
  • On Tuesday, March 26th, Andrew Briggs sold 40,039 shares of Phoenix Group stock. The shares were sold at an average price of GBX 526 ($6.74), for a total transaction of £210,605.14 ($269,833.62).

Phoenix Group Price Performance

Phoenix Group stock opened at GBX 499 ($6.39) on Friday. Phoenix Group Holdings plc has a 12-month low of GBX 436.40 ($5.59) and a 12-month high of GBX 567.80 ($7.27). The stock has a market capitalization of £4.99 billion, a P/E ratio of -3,564.29, a P/E/G ratio of 1.95 and a beta of 0.77. The firm’s 50-day moving average is GBX 509.14 and its two-hundred day moving average is GBX 506.37. The company has a debt-to-equity ratio of 176.72, a current ratio of 0.19 and a quick ratio of 0.12.

Phoenix Group Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, May 22nd. Shareholders of record on Thursday, April 11th were paid a dividend of GBX 26.65 ($0.34) per share. This is a boost from Phoenix Group’s previous dividend of $26.00. This represents a dividend yield of 5.46%. The ex-dividend date was Thursday, April 11th. Phoenix Group’s dividend payout ratio (DPR) is currently -37,857.14%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on PHNX. Berenberg Bank dropped their target price on shares of Phoenix Group from GBX 739 ($9.47) to GBX 650 ($8.33) and set a “buy” rating for the company in a report on Friday, April 19th. JPMorgan Chase & Co. raised their target price on shares of Phoenix Group from GBX 445 ($5.70) to GBX 525 ($6.73) and gave the company an “underweight” rating in a report on Wednesday, April 10th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Phoenix Group has an average rating of “Hold” and an average price target of GBX 614.60 ($7.87).

View Our Latest Stock Analysis on PHNX

About Phoenix Group

(Get Free Report)

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through five segments: Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other. It provides a range of savings and retirement income products to support people across various stages of the savings life cycle.

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Insider Buying and Selling by Quarter for Phoenix Group (LON:PHNX)

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