Insider Selling: Just Group plc (LON:JUST) Insider Sells 599,854 Shares of Stock

Just Group plc (LON:JUST) insider David Richardson sold 599,854 shares of Just Group stock in a transaction that occurred on Thursday, April 11th. The shares were sold at an average price of GBX 102 ($1.27), for a total transaction of £611,851.08 ($761,671.95).

Just Group Stock Down 3.0 %

Shares of JUST opened at GBX 96.50 ($1.20) on Wednesday. Just Group plc has a one year low of GBX 67 ($0.83) and a one year high of GBX 108.40 ($1.35). The company has a market cap of £1.00 billion, a P/E ratio of 877.27, a P/E/G ratio of 0.47 and a beta of 1.63. The company has a debt-to-equity ratio of 271.32, a current ratio of 9.53 and a quick ratio of 4.87. The firm has a 50 day simple moving average of GBX 94.30 and a two-hundred day simple moving average of GBX 85.70.

Just Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Thursday, April 11th will be given a dividend of GBX 1.50 ($0.02) per share. This is an increase from Just Group’s previous dividend of $0.58. This represents a yield of 1.68%. The ex-dividend date is Thursday, April 11th. Just Group’s payout ratio is currently 1,818.18%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on JUST shares. JPMorgan Chase & Co. lifted their price target on shares of Just Group from GBX 135 ($1.68) to GBX 160 ($1.99) and gave the company an “overweight” rating in a research report on Wednesday, March 20th. Royal Bank of Canada reiterated an “outperform” rating on shares of Just Group in a research report on Thursday, February 22nd.

About Just Group

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.