Philip Yea Acquires 40,000 Shares of Equiniti Group PLC (EQN) Stock

Equiniti Group PLC (LON:EQN) insider Philip Yea bought 40,000 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The stock was bought at an average price of GBX 262 ($3.40) per share, with a total value of £104,800 ($136,050.89).

Shares of Equiniti Group PLC (LON EQN) opened at 273.75 on Friday. The firm’s 50-day moving average is GBX 264.55 and its 200 day moving average is GBX 222.21. The stock’s market capitalization is GBX 821.47 million. Equiniti Group PLC has a 52-week low of GBX 163.25 and a 52-week high of GBX 285.25.

The company also recently declared a dividend, which will be paid on Thursday, October 26th. Investors of record on Thursday, September 14th will be paid a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a dividend yield of 0.66%.

TRADEMARK VIOLATION WARNING: This news story was first posted by BNB Daily and is the property of of BNB Daily. If you are viewing this news story on another site, it was copied illegally and reposted in violation of international copyright & trademark law. The correct version of this news story can be read at https://www.baseball-news-blog.com/2017/08/19/equiniti-group-plc-eqn-insider-philip-yea-purchases-40000-shares-of-stock-updated-updated.html.

EQN has been the subject of several research reports. Liberum Capital reiterated a “buy” rating and issued a GBX 245 ($3.18) target price on shares of Equiniti Group PLC in a research report on Tuesday, April 25th. Goldman Sachs Group, Inc. (The) cut their price target on shares of Equiniti Group PLC from GBX 236 ($3.06) to GBX 226 ($2.93) and set a “buy” rating for the company in a research report on Wednesday, April 26th. Credit Suisse Group upped their price target on shares of Equiniti Group PLC from GBX 210 ($2.73) to GBX 240 ($3.12) and gave the company an “outperform” rating in a research report on Friday, June 9th. Peel Hunt restated an “add” rating and set a GBX 212 ($2.75) price target on shares of Equiniti Group PLC in a research report on Thursday, June 22nd. Finally, Citigroup Inc. lowered shares of Equiniti Group PLC to a “neutral” rating and upped their price target for the company from GBX 230 ($2.99) to GBX 265 ($3.44) in a research report on Tuesday, July 11th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 281.67 ($3.66).

Equiniti Group PLC Company Profile

Equiniti Group plc provides complex administration and payment services, supported by technology platforms, to a range of organizations. The Company’s segments include Investment Solutions, Intelligent Solutions, Pension Solutions and Interest. The Investment Solutions offers a range of services, including share registration for around half the Financial Times Stock Exchange (FTSE) 100, and the administration of save as you earn (SAYE) schemes and share incentive plans.

Receive News & Ratings for Equiniti Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equiniti Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply