Legal & General Group Plc (LON:LGEN) Insider John Kingman Acquires 756 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider John Kingman acquired 756 shares of Legal & General Group stock in a transaction on Friday, November 1st. The shares were bought at an average cost of GBX 218 ($2.83) per share, with a total value of £1,648.08 ($2,137.31).

John Kingman also recently made the following trade(s):

• On Tuesday, October 1st, John Kingman acquired 726 shares of Legal & General Group stock. The shares were bought at an average cost of GBX 226 ($2.93) per share, with a total value of £1,640.76 ($2,127.82).

Legal & General Group Stock Performance

LGEN opened at GBX 220 ($2.85) on Tuesday. The stock has a market cap of £12.85 billion, a P/E ratio of 4,400.00, a P/E/G ratio of 2.34 and a beta of 1.31. The company has a debt-to-equity ratio of 722.64, a current ratio of 1.12 and a quick ratio of 0.50. The stock’s 50 day simple moving average is GBX 224.57 and its 200 day simple moving average is GBX 232.39. Legal & General Group Plc has a 1-year low of GBX 211.40 ($2.74) and a 1-year high of GBX 259 ($3.36).

Legal & General Group Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 27th. Investors of record on Thursday, August 22nd were issued a GBX 6 ($0.08) dividend. This represents a dividend yield of 2.77%. The ex-dividend date of this dividend was Thursday, August 22nd. Legal & General Group’s dividend payout ratio is currently 42,000.00%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 285 ($3.70) target price on shares of Legal & General Group in a research report on Wednesday, July 17th. Royal Bank of Canada reiterated a “sector perform” rating and set a GBX 245 ($3.18) target price on shares of Legal & General Group in a research report on Thursday, August 15th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 279 ($3.62).

Legal & General Group Company Profile

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.