Legal & General Group Plc (LGEN) To Go Ex-Dividend on August 22nd

Legal & General Group Plc (LON:LGEN) declared a dividend on Wednesday, August 7th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 22nd will be given a dividend of GBX 6 ($0.08) per share by the financial services provider on Friday, September 27th. This represents a yield of 2.77%. The ex-dividend date of this dividend is Thursday, August 22nd. The official announcement can be viewed at this link.

Legal & General Group Trading Down 0.7 %

LGEN opened at GBX 230.90 ($3.00) on Tuesday. The firm’s fifty day moving average is GBX 228.30 and its two-hundred day moving average is GBX 240.02. The firm has a market cap of £13.58 billion, a PE ratio of 4,640.92, a price-to-earnings-growth ratio of 2.34 and a beta of 1.36. Legal & General Group has a twelve month low of GBX 203.10 ($2.64) and a twelve month high of GBX 259 ($3.37). The company has a debt-to-equity ratio of 722.64, a quick ratio of 0.50 and a current ratio of 1.12.

Wall Street Analyst Weigh In

Several analysts recently commented on LGEN shares. Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 245 ($3.18) price objective on shares of Legal & General Group in a research note on Thursday, August 15th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 255 ($3.31) price objective on shares of Legal & General Group in a research report on Thursday, June 13th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 285 ($3.70) price target on shares of Legal & General Group in a research note on Wednesday, July 17th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Legal & General Group from GBX 300 ($3.90) to GBX 275 ($3.57) and set a “buy” rating for the company in a research note on Tuesday, June 18th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 289 ($3.76) target price on shares of Legal & General Group in a research report on Wednesday, June 5th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 279 ($3.63).

Insider Activity at Legal & General Group

In related news, insider Henrietta Baldock acquired 957 shares of the business’s stock in a transaction on Monday, June 3rd. The stock was purchased at an average cost of GBX 254 ($3.30) per share, for a total transaction of £2,430.78 ($3,158.50). In other news, insider Henrietta Baldock acquired 957 shares of the stock in a transaction on Monday, June 3rd. The shares were purchased at an average price of GBX 254 ($3.30) per share, for a total transaction of £2,430.78 ($3,158.50). Also, insider John Kingman bought 7,978 shares of Legal & General Group stock in a transaction dated Friday, June 7th. The stock was acquired at an average cost of GBX 251 ($3.26) per share, with a total value of £20,024.78 ($26,019.72). In the last 90 days, insiders have purchased 10,919 shares of company stock worth $2,701,876. Insiders own 0.86% of the company’s stock.

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.