Insider Buying: Just Group plc (LON:JUST) Insider Buys 30,000 Shares of Stock

Just Group plc (LON:JUST) insider Mary Phibbs bought 30,000 shares of the company’s stock in a transaction dated Friday, May 23rd. The stock was bought at an average cost of GBX 144 ($1.95) per share, with a total value of £43,200 ($58,616.01).

Just Group Trading Up 3.4%

LON:JUST traded up GBX 4.93 ($0.07) during mid-day trading on Tuesday, hitting GBX 148.60 ($2.02). 1,782,865 shares of the company’s stock were exchanged, compared to its average volume of 9,688,403. Just Group plc has a fifty-two week low of GBX 99 ($1.34) and a fifty-two week high of GBX 168.60 ($2.29). The company has a current ratio of 2.30, a quick ratio of 4.87 and a debt-to-equity ratio of 43.09. The firm has a market capitalization of £1.55 billion, a P/E ratio of 17.29, a PEG ratio of 0.47 and a beta of 1.51. The company has a 50 day simple moving average of GBX 140.19 and a 200-day simple moving average of GBX 149.94.

Just Group (LON:JUST) last issued its quarterly earnings results on Friday, March 7th. The company reported GBX 36 ($0.49) EPS for the quarter. Just Group had a net margin of 3.40% and a return on equity of 8.47%. As a group, research analysts expect that Just Group plc will post 38.3510638 earnings per share for the current year.

Just Group Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, May 14th. Stockholders of record on Thursday, April 10th were paid a GBX 1.80 ($0.02) dividend. This is a boost from Just Group’s previous dividend of $0.70. The ex-dividend date was Thursday, April 10th. This represents a dividend yield of 1.24%. Just Group’s dividend payout ratio is presently 23.27%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 200 ($2.71) price objective on shares of Just Group in a research note on Friday, March 7th. Royal Bank of Canada boosted their price objective on Just Group from GBX 190 ($2.58) to GBX 200 ($2.71) and gave the stock an “outperform” rating in a research report on Friday, March 7th.

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.