Nicolaos Nicandrou Buys 19 Shares of Phoenix Group (LON:PHNX) Stock

Phoenix Group Holdings plc (LON:PHNX) insider Nicolaos Nicandrou acquired 19 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was acquired at an average price of GBX 564 per share, for a total transaction of £107.16.

Nicolaos Nicandrou also recently made the following trade(s):

• On Thursday, November 6th, Nicolaos Nicandrou bought 23 shares of Phoenix Group stock. The shares were acquired at an average price of GBX 674 per share, with a total value of £155.02.

Phoenix Group Price Performance

Shares of LON PHNX opened at GBX 743.50 on Friday. The stock’s 50-day simple moving average is GBX 698.44 and its two-hundred day simple moving average is GBX 674.07. Phoenix Group Holdings plc has a twelve month low of GBX 475.20 and a twelve month high of GBX 756.50. The firm has a market capitalization of £7.45 billion, a P/E ratio of -11.73, a P/E/G ratio of 1.95 and a beta of 0.73. The company has a quick ratio of 0.12, a current ratio of 3.30 and a debt-to-equity ratio of 160.32.

Phoenix Group (LON:PHNX) last issued its quarterly earnings data on Monday, December 15th. The company reported GBX 32.70 EPS for the quarter. Phoenix Group had a negative return on equity of 21.76% and a negative net margin of 2.10%. As a group, equities analysts anticipate that Phoenix Group Holdings plc will post 51.179941 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on PHNX. Berenberg Bank increased their price target on shares of Phoenix Group from GBX 850 to GBX 852 and gave the stock a “buy” rating in a report on Monday, October 13th. UBS Group upgraded shares of Phoenix Group to a “buy” rating and upped their target price for the stock from GBX 670 to GBX 770 in a research report on Wednesday, December 17th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 719.25.

Phoenix Group Company Profile

Phoenix is the UK’s largest long-term savings and retirement business with c. £300 billion of assets under administration and c. 12 million customers.
We are a constituent of the FTSE 100 with c. 7,800 colleagues and offer a broad range of products to support people across all stages of the savings life cycle.
We are a growing and sustainable business with a clear purpose – helping people secure a life of possibilities. This means providing the right guidance and products, at the right time, to support the right choices.
We focus on delivering value for our shareholders through long-term predictable cash generation, which supports a stable and sustainable dividend.