Ryan Mangold Acquires 102 Shares of FirstGroup plc (LON:FGP) Stock

FirstGroup plc (LON:FGPGet Free Report) insider Ryan Mangold purchased 102 shares of the business’s stock in a transaction on Tuesday, July 11th. The shares were purchased at an average price of GBX 147 ($1.89) per share, with a total value of £149.94 ($192.90).

Ryan Mangold also recently made the following trade(s):

  • On Thursday, June 15th, Ryan Mangold sold 816,749 shares of FirstGroup stock. The stock was sold at an average price of GBX 139 ($1.79), for a total transaction of £1,135,281.11 ($1,460,544.33).
  • On Tuesday, June 13th, Ryan Mangold acquired 107 shares of FirstGroup stock. The shares were acquired at an average price of GBX 140 ($1.80) per share, with a total value of £149.80 ($192.72).

FirstGroup Stock Up 1.6 %

LON:FGP opened at GBX 148 ($1.90) on Thursday. The company has a market cap of £1.03 billion, a price-to-earnings ratio of 1,480.00, a price-to-earnings-growth ratio of 5.21 and a beta of 1.52. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 275.31. FirstGroup plc has a twelve month low of GBX 89.55 ($1.15) and a twelve month high of GBX 149.60 ($1.92). The stock has a fifty day simple moving average of GBX 130 and a 200-day simple moving average of GBX 114.86.

FirstGroup Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, August 18th. Investors of record on Thursday, July 13th will be paid a GBX 2.90 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, July 13th. This is a positive change from FirstGroup’s previous dividend of $0.90. This represents a yield of 2.44%. FirstGroup’s dividend payout ratio is 5,000.00%.

Wall Street Analysts Forecast Growth

FGP has been the topic of a number of research reports. Berenberg Bank boosted their target price on shares of FirstGroup from GBX 130 ($1.67) to GBX 170 ($2.19) and gave the stock a “buy” rating in a report on Wednesday, July 5th. JPMorgan Chase & Co. upped their price objective on FirstGroup from GBX 131 ($1.69) to GBX 148 ($1.90) and gave the company an “overweight” rating in a research report on Friday, June 23rd. Citigroup reissued an “outperform” rating and set a GBX 170 ($2.19) target price on shares of FirstGroup in a research report on Wednesday, June 14th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 143 ($1.84) price objective on shares of FirstGroup in a research note on Monday, March 20th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of GBX 159.20 ($2.05).

About FirstGroup

(Get Free Report)

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.

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