Just Group (LON:JUST) Stock Price Up 1.4%

Just Group plc (LON:JUST)’s share price rose 1.4% on Monday . The stock traded as high as GBX 105.25 ($1.32) and last traded at GBX 104.80 ($1.32). Approximately 747,040 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 1,998,013 shares. The stock had previously closed at GBX 103.40 ($1.30).

Wall Street Analysts Forecast Growth

JUST has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their price target on shares of Just Group from GBX 135 ($1.70) to GBX 160 ($2.01) and gave the company an “overweight” rating in a research report on Wednesday, March 20th. Royal Bank of Canada restated an “outperform” rating on shares of Just Group in a report on Thursday, February 22nd.

Just Group Trading Up 1.4 %

The company’s fifty day moving average is GBX 100.04 and its 200-day moving average is GBX 88.70. The company has a current ratio of 9.53, a quick ratio of 4.87 and a debt-to-equity ratio of 271.32. The firm has a market capitalization of £1.09 billion, a P/E ratio of 952.73, a P/E/G ratio of 0.47 and a beta of 1.64.

Just Group Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Thursday, April 11th will be issued a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 1.68%. This is a boost from Just Group’s previous dividend of $0.58. The ex-dividend date of this dividend is Thursday, April 11th. Just Group’s dividend payout ratio is 1,818.18%.

Insider Transactions at Just Group

In other news, insider David Richardson sold 599,854 shares of the company’s stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of GBX 102 ($1.28), for a total transaction of £611,851.08 ($768,657.14). 1.29% of the stock is currently owned by corporate insiders.

Just Group Company Profile

Just Group plc provides various retirement income products and services to individual and corporate clients.in the United Kingdom. It offers defined benefit de-risking solutions, guaranteed income for life, secure lifetime income, care plans, and lifetime mortgage service. The company also engages in professional services and distribution business, which offers technology, broking, and advice solutions for corporate clients and pension schemes; and regulated financial advice for pension, investment, and savings.