Legal & General Group (LON:LGEN) Insider Jeff Davies Acquires 80 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider Jeff Davies purchased 80 shares of the business’s stock in a transaction that occurred on Monday, September 1st. The stock was acquired at an average price of GBX 246 per share, for a total transaction of £196.80.

Jeff Davies also recently made the following trade(s):

• On Tuesday, August 12th, Jeff Davies sold 186,737 shares of Legal & General Group stock. The stock was sold at an average price of GBX 260, for a total transaction of £485,516.20.
• On Friday, August 1st, Jeff Davies acquired 76 shares of Legal & General Group stock. The shares were purchased at an average cost of GBX 255 per share, for a total transaction of £193.80.
• On Tuesday, July 1st, Jeff Davies acquired 75 shares of Legal & General Group stock. The shares were purchased at an average cost of GBX 256 per share, for a total transaction of £192.

Legal & General Group Price Performance

Shares of LON LGEN opened at GBX 237.53 on Wednesday. The stock has a market capitalization of £13.42 billion, a price-to-earnings ratio of 8,305.35, a PEG ratio of 2.34 and a beta of 1.31. Legal & General Group Plc has a 12 month low of GBX 206.80 and a 12 month high of GBX 266.20. The firm’s 50 day simple moving average is GBX 254.87 and its 200-day simple moving average is GBX 247.02. The company has a debt-to-equity ratio of 155.18, a current ratio of 1.50 and a quick ratio of 0.50.

Legal & General Group (LON:LGEN) last issued its quarterly earnings data on Wednesday, August 6th. The financial services provider reported GBX 4.48 EPS for the quarter. Legal & General Group had a net margin of 0.67% and a return on equity of 7.79%. Analysts expect that Legal & General Group Plc will post 24.2376446 EPS for the current year.

Wall Street Analyst Weigh In

LGEN has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lowered Legal & General Group to a “neutral” rating and decreased their target price for the company from GBX 290 to GBX 275 in a research report on Wednesday, August 13th. Royal Bank Of Canada reiterated an “underperform” rating and set a GBX 200 target price on shares of Legal & General Group in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Legal & General Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 246.67.

About Legal & General Group

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.