St. James’s Place plc Plans Dividend of GBX 8 (LON:STJ)

St. James’s Place plc (LON:STJ) declared a dividend on Wednesday, February 28th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 25th will be given a dividend of GBX 8 ($0.10) per share on Friday, May 24th. This represents a dividend yield of 1.29%. The ex-dividend date of this dividend is Thursday, April 25th. The official announcement can be accessed at this link.

St. James’s Place Stock Performance

LON:STJ opened at GBX 445.60 ($5.50) on Wednesday. St. James’s Place has a twelve month low of GBX 393.60 ($4.86) and a twelve month high of GBX 1,245 ($15.38). The company has a market cap of £2.44 billion, a P/E ratio of -22,210.00, a P/E/G ratio of 1.10 and a beta of 1.20. The company’s 50-day moving average price is GBX 491.59 and its 200-day moving average price is GBX 604.25. The company has a current ratio of 1.10, a quick ratio of 3.85 and a debt-to-equity ratio of 37.81.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Citigroup upgraded shares of St. James’s Place to a “buy” rating in a research report on Thursday, February 29th. Barclays restated an “overweight” rating and issued a GBX 700 ($8.65) price objective on shares of St. James’s Place in a report on Tuesday. Royal Bank of Canada cut shares of St. James’s Place to a “sector perform” rating and set a GBX 500 ($6.18) price objective for the company. in a report on Friday, March 22nd. Berenberg Bank dropped their price objective on shares of St. James’s Place from GBX 850 ($10.50) to GBX 750 ($9.26) and set a “buy” rating for the company in a report on Monday, March 11th. Finally, JPMorgan Chase & Co. decreased their price target on shares of St. James’s Place from GBX 793 ($9.79) to GBX 637 ($7.87) and set a “neutral” rating for the company in a research note on Friday, March 1st. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 646.75 ($7.99).

Insider Transactions at St. James’s Place

In related news, insider Mark FitzPatrick acquired 436 shares of St. James’s Place stock in a transaction dated Monday, March 25th. The stock was acquired at an average price of GBX 452 ($5.58) per share, for a total transaction of £1,970.72 ($2,434.19). Insiders own 0.81% of the company’s stock.

St. James’s Place Company Profile

St. James's Place plc is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in public equity and fixed income market across the globe. The firm was formerly known as St. James's Place Capital plc. St.