The Property Franchise Group PLC (LON:TPFG) Insider Buys £13,950 in Stock

The Property Franchise Group PLC (LON:TPFGGet Rating) insider David Arthur Raggett acquired 5,000 shares of the company’s stock in a transaction dated Monday, April 24th. The shares were purchased at an average cost of GBX 279 ($3.48) per share, with a total value of £13,950 ($17,422.26).

The Property Franchise Group Price Performance

TPFG opened at GBX 277.50 ($3.47) on Tuesday. The Property Franchise Group PLC has a one year low of GBX 207 ($2.59) and a one year high of GBX 367.25 ($4.59). The company has a debt-to-equity ratio of 36.44, a current ratio of 1.20 and a quick ratio of 1.20. The company’s 50 day simple moving average is GBX 271.63 and its 200-day simple moving average is GBX 251.73. The stock has a market capitalization of £88.91 million, a P/E ratio of 1,261.36 and a beta of 0.53.

The Property Franchise Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 9th. Stockholders of record on Thursday, May 11th will be paid a dividend of GBX 8.80 ($0.11) per share. This is a boost from The Property Franchise Group’s previous dividend of $4.20. This represents a dividend yield of 3.33%. The ex-dividend date of this dividend is Thursday, May 11th. The Property Franchise Group’s dividend payout ratio is 5,909.09%.

Analyst Ratings Changes

Separately, Canaccord Genuity Group increased their price target on shares of The Property Franchise Group from GBX 437 ($5.46) to GBX 470 ($5.87) and gave the company a “buy” rating in a research note on Tuesday, April 18th.

The Property Franchise Group Company Profile

(Get Rating)

The Property Franchise Group PLC manages residential real estate properties in the United Kingdom. The company provides residential letting, estate agency, and property management services to tenants and landlords; and financial services. The company was formerly known as MartinCo PLC and changed its name to The Property Franchise Group PLC in March 2017.

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