Equiniti Group PLC (LON:EQN) declared a dividend on Friday, August 2nd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 19th will be paid a dividend of GBX 1.95 ($0.03) per share on Friday, October 25th. This represents a yield of 0.97%. The ex-dividend date is Thursday, September 19th. The official announcement can be accessed at this link.
Shares of LON EQN opened at GBX 211.20 ($2.76) on Friday. The company has a debt-to-equity ratio of 78.23, a quick ratio of 1.32 and a current ratio of 1.43. Equiniti Group has a 52-week low of GBX 169 ($2.21) and a 52-week high of GBX 267 ($3.49). The company has a 50 day simple moving average of GBX 219.34. The firm has a market cap of $769.90 million and a PE ratio of 44.94.
In related news, insider John Stier bought 874 shares of the business’s stock in a transaction that occurred on Thursday, June 13th. The shares were acquired at an average cost of GBX 219 ($2.86) per share, with a total value of £1,914.06 ($2,501.06).
Several equities research analysts have recently weighed in on EQN shares. Peel Hunt reiterated a “buy” rating on shares of Equiniti Group in a research report on Monday, July 29th. Goldman Sachs Group decreased their price objective on shares of Equiniti Group from GBX 320 ($4.18) to GBX 310 ($4.05) and set a “conviction-buy” rating for the company in a research report on Thursday, May 23rd. Finally, Liberum Capital reiterated a “buy” rating on shares of Equiniti Group in a research report on Friday. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of GBX 292.40 ($3.82).
Equiniti Group Company Profile
Equiniti Group plc, together with its subsidiaries, provides administration and payment services in the United Kingdom. The company operates in four segments: Investment Solutions, Intelligent Solutions, Pension Solutions, and Interest Income. It offers registration services, including share registration, corporate actions and IPOs, company secretarial, proxy solicitation, and investor analytic services; and employee services, such as employee share plans, executive and discretionary share plans, and trustee services, as well as bereavement services.
Featured Story: Equal Weight Rating
Receive News & Ratings for Equiniti Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equiniti Group and related companies with MarketBeat.com's FREE daily email newsletter.