Close Brothers Group plc (LON:CBG) insider Preben Prebensen acquired 10 shares of the stock in a transaction dated Wednesday, November 22nd. The stock was bought at an average cost of GBX 1,401 ($18.68) per share, with a total value of £140.10 ($186.78).

Shares of Close Brothers Group plc (LON CBG) traded down GBX 33 ($0.44) during mid-day trading on Monday, hitting GBX 1,326 ($17.68). The company had a trading volume of 446,266 shares, compared to its average volume of 445,731. Close Brothers Group plc has a 52-week low of GBX 1,315 ($17.53) and a 52-week high of GBX 1,715 ($22.86).

Close Brothers Group (LON:CBG) last issued its quarterly earnings results on Tuesday, September 26th. The company reported GBX 131.70 ($1.76) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of GBX 130.10 ($1.73) by GBX 1.60 ($0.02). Close Brothers Group had a return on equity of 15.84% and a net margin of 22.76%. The firm had revenue of £765.60 million during the quarter.

The company also recently disclosed a dividend, which was paid on Tuesday, November 21st. Shareholders of record on Thursday, October 12th were issued a dividend of GBX 40 ($0.53) per share. This is an increase from Close Brothers Group’s previous dividend of $20.00. This represents a yield of 2.71%. The ex-dividend date of this dividend was Thursday, October 12th.

Several research firms have recently issued reports on CBG. Liberum Capital reaffirmed a “hold” rating and issued a GBX 1,464 ($19.52) price objective on shares of Close Brothers Group in a research note on Thursday. Peel Hunt raised Close Brothers Group to a “buy” rating and set a GBX 1,600 ($21.33) price objective for the company in a research note on Thursday, November 16th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 1,575 ($21.00) price objective on shares of Close Brothers Group in a research note on Tuesday, September 26th. Barclays PLC lowered their price objective on Close Brothers Group from GBX 1,550 ($20.66) to GBX 1,450 ($19.33) and set an “equal weight” rating for the company in a research note on Wednesday, September 27th. Finally, Shore Capital reissued a “hold” rating on shares of Close Brothers Group in a research note on Tuesday, September 26th. One analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. Close Brothers Group currently has an average rating of “Hold” and a consensus target price of GBX 1,518.89 ($20.25).

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Close Brothers Group Company Profile

Close Brothers Group plc is a merchant banking company. The Company provides lending, deposit taking, wealth management services and securities trading. The Company operates through three segments: Banking, Securities and Asset Management. The Banking segment provides lending to small businesses and individuals, with an emphasis on specialist finance.

Insider Buying and Selling by Quarter for Close Brothers Group (LON:CBG)

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