Shares of Daily Mail and General Trust P L C (LON:DMGT) traded down 1.3% during mid-day trading on Monday . The stock traded as low as GBX 621 ($8.72) and last traded at GBX 629 ($8.83). 505,476 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 641,487 shares. The stock had previously closed at GBX 637 ($8.95).
Several analysts have recently issued reports on the company. Numis Securities restated a “buy” rating and issued a GBX 905 ($12.71) price objective on shares of Daily Mail and General Trust P L C in a research report on Thursday. Liberum Capital restated a “hold” rating and issued a GBX 765 ($10.74) price objective on shares of Daily Mail and General Trust P L C in a research report on Thursday. BNP Paribas upgraded Daily Mail and General Trust P L C to a “neutral” rating and upped their price objective for the company from GBX 530 ($7.44) to GBX 630 ($8.85) in a research report on Wednesday, January 24th. Barclays reduced their price objective on Daily Mail and General Trust P L C from GBX 600 ($8.43) to GBX 500 ($7.02) and set an “underweight” rating on the stock in a research report on Friday, December 1st. Finally, Citigroup restated a “buy” rating on shares of Daily Mail and General Trust P L C in a research report on Wednesday, November 29th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. Daily Mail and General Trust P L C currently has a consensus rating of “Hold” and an average price target of GBX 701.64 ($9.85).
The company has a market cap of $2,120.00 and a PE ratio of -1,283.67.
The firm also recently announced a dividend, which will be paid on Friday, February 9th. Investors of record on Thursday, December 7th will be given a dividend of GBX 15.80 ($0.22) per share. The ex-dividend date is Thursday, December 7th. This is an increase from Daily Mail and General Trust P L C’s previous dividend of $6.90. This represents a yield of 2.81%.
In related news, insider Kevin Beatty sold 61,339 shares of the stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of GBX 603 ($8.47), for a total transaction of £369,874.17 ($519,413.24). Also, insider Kevin A. H. Parry bought 8,891 shares of Daily Mail and General Trust P L C stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average price of GBX 556 ($7.81) per share, for a total transaction of £49,433.96 ($69,419.97). Insiders have purchased 8,956 shares of company stock worth $4,983,829 over the last quarter.
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About Daily Mail and General Trust P L C
Daily Mail and General Trust plc manages a multinational portfolio of companies that provide a range of businesses and consumers with information, analysis, insight, news and entertainment. The Company’s segments include RMS, dmg information, dmg events, Euromoney and dmg media. The RMS segment produces risk models, software applications and analytical data services used by the global risk and insurance industry to quantify and manage catastrophic risks.
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