St. James’s Place plc (STJ) to Issue Dividend of GBX 8 on May 24th

St. James’s Place plc (LON:STJ) declared a dividend on Wednesday, February 28th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 25th will be given a dividend of GBX 8 ($0.10) per share on Friday, May 24th. This represents a dividend yield of 1.29%. The ex-dividend date of this dividend is Thursday, April 25th. The official announcement can be seen at this link.

St. James’s Place Price Performance

St. James’s Place stock opened at GBX 439.40 ($5.43) on Tuesday. The firm has a market capitalization of £2.41 billion, a P/E ratio of -21,570.00, a PEG ratio of 1.10 and a beta of 1.20. St. James’s Place has a 1 year low of GBX 393.60 ($4.86) and a 1 year high of GBX 1,245 ($15.38). The business has a 50-day moving average of GBX 491.59 and a 200-day moving average of GBX 604.25. The company has a current ratio of 1.10, a quick ratio of 3.85 and a debt-to-equity ratio of 37.81.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Berenberg Bank decreased their target price on St. James’s Place from GBX 850 ($10.50) to GBX 750 ($9.26) and set a “buy” rating for the company in a research report on Monday, March 11th. Citigroup upgraded St. James’s Place to a “buy” rating in a report on Thursday, February 29th. JPMorgan Chase & Co. cut their price objective on St. James’s Place from GBX 793 ($9.79) to GBX 637 ($7.87) and set a “neutral” rating on the stock in a report on Friday, March 1st. Barclays reiterated an “overweight” rating and set a GBX 955 ($11.80) price objective on shares of St. James’s Place in a report on Thursday, February 29th. Finally, Royal Bank of Canada cut St. James’s Place to a “sector perform” rating and set a GBX 500 ($6.18) price objective on the stock. in a report on Friday, March 22nd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 710.50 ($8.78).

Insider Buying and Selling at St. James’s Place

In other news, insider Mark FitzPatrick bought 436 shares of the business’s stock in a transaction on Monday, March 25th. The shares were purchased at an average price of GBX 452 ($5.58) per share, for a total transaction of £1,970.72 ($2,434.19). Company insiders own 0.81% of the company’s stock.

About St. James’s Place

St. James's Place plc is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in public equity and fixed income market across the globe. The firm was formerly known as St. James's Place Capital plc. St.