Serco Group plc (LON:SRP) Insider Nigel Crossley Sells 192,646 Shares of Stock

Serco Group plc (LON:SRPGet Free Report) insider Nigel Crossley sold 192,646 shares of the stock in a transaction dated Monday, April 7th. The shares were sold at an average price of GBX 153 ($1.96), for a total value of £294,748.38 ($376,627.11).

Nigel Crossley also recently made the following trade(s):

  • On Friday, March 28th, Nigel Crossley sold 45,409 shares of Serco Group stock. The shares were sold at an average price of GBX 157 ($2.01), for a total value of £71,292.13 ($91,096.51).

Serco Group Stock Performance

Shares of SRP stock opened at GBX 154.70 ($1.98) on Thursday. Serco Group plc has a 52-week low of GBX 136.20 ($1.74) and a 52-week high of GBX 196.40 ($2.51). The company has a quick ratio of 0.98, a current ratio of 0.91 and a debt-to-equity ratio of 62.40. The stock has a market cap of £1.57 billion, a PE ratio of 12.05, a price-to-earnings-growth ratio of 3.06 and a beta of 0.38. The business has a 50-day simple moving average of GBX 159.66 and a 200-day simple moving average of GBX 160.89.

Serco Group (LON:SRPGet Free Report) last announced its quarterly earnings results on Thursday, February 27th. The company reported GBX 16.67 ($0.21) earnings per share (EPS) for the quarter. Serco Group had a return on equity of 13.70% and a net margin of 2.87%. On average, equities analysts expect that Serco Group plc will post 17.552759 EPS for the current year.

Serco Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 9th. Investors of record on Thursday, April 10th will be given a dividend of GBX 2.82 ($0.04) per share. This represents a yield of 1.77%. The ex-dividend date is Thursday, April 10th. This is a positive change from Serco Group’s previous dividend of $1.34. Serco Group’s dividend payout ratio (DPR) is currently 31.16%.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “hold” rating on shares of Serco Group in a research note on Friday, February 7th.

Check Out Our Latest Report on SRP

Serco Group Company Profile

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Further Reading

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