John Kingman Buys 614 Shares of Legal & General Group (LON:LGEN) Stock

Legal & General Group Plc (LON:LGEN) insider John Kingman acquired 614 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were bought at an average cost of GBX 267 per share, for a total transaction of £1,639.38.

John Kingman also recently made the following trade(s):

• On Monday, February 2nd, John Kingman acquired 620 shares of Legal & General Group stock. The stock was purchased at an average cost of GBX 265 per share, for a total transaction of £1,643.
• On Friday, January 2nd, John Kingman acquired 628 shares of Legal & General Group stock. The shares were purchased at an average price of GBX 262 per share, with a total value of £1,645.36.

Legal & General Group Stock Up 0.1%

LON:LGEN opened at GBX 260.20 on Thursday. The stock has a market capitalization of £14.65 billion, a price-to-earnings ratio of 58.34, a PEG ratio of 2.34 and a beta of 0.82. Legal & General Group Plc has a 52 week low of GBX 206.80 and a 52 week high of GBX 279.50. The firm has a 50 day moving average of GBX 265.48 and a 200 day moving average of GBX 250.81.

Legal & General Group (LON:LGEN) last released its quarterly earnings results on Monday, December 15th. The financial services provider reported GBX 2.89 earnings per share (EPS) for the quarter. Legal & General Group had a net margin of 1.49% and a return on equity of 3.89%. As a group, analysts expect that Legal & General Group Plc will post 24.2376446 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group boosted their price target on Legal & General Group from GBX 249 to GBX 263 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of GBX 258.40.

Legal & General Group Company Profile

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments. The LGRI segment offers annuity contracts with guaranteed income for a specified time; and longevity insurance products. The LGIM segment offers index fund management; active fixed income funds and liquidity funds; active equity management; solution and liability driven investment; multi-asset funds; corporate pension scheme solutions; and real assets.