Close Brothers Group plc (CBG) Insider Elizabeth Lee Sells 7,000 Shares of Stock

Close Brothers Group plc (LON:CBG) insider Elizabeth Lee sold 7,000 shares of Close Brothers Group stock in a transaction dated Friday, October 19th. The stock was sold at an average price of GBX 1,531 ($20.01), for a total value of £107,170 ($140,036.59).

LON CBG opened at GBX 1,523 ($19.90) on Friday. Close Brothers Group plc has a one year low of GBX 1,315 ($17.18) and a one year high of GBX 1,715 ($22.41).

The firm also recently disclosed a dividend, which will be paid on Tuesday, November 20th. Investors of record on Thursday, October 11th will be issued a GBX 42 ($0.55) dividend. This represents a yield of 2.63%. This is an increase from Close Brothers Group’s previous dividend of $21.00. The ex-dividend date of this dividend is Thursday, October 11th.

Several equities research analysts recently commented on the company. Shore Capital reiterated a “hold” rating on shares of Close Brothers Group in a report on Friday, September 14th. Numis Securities downgraded Close Brothers Group to a “hold” rating and set a GBX 1,693 ($22.12) price objective for the company. in a report on Tuesday, September 25th. Peel Hunt downgraded Close Brothers Group to a “hold” rating in a report on Wednesday, July 18th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Close Brothers Group in a report on Thursday, October 11th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 1,563.33 ($20.43).

About Close Brothers Group

Close Brothers Group plc, a merchant banking company, provides financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Securities, and Asset Management. The company offers various deposit products, including fixed term deposits and notice accounts.

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

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