Bridgepoint Group (LON:BPT) Hits New 1-Year High at $365.00

Bridgepoint Group plc (LON:BPT) shares hit a new 52-week high on Monday . The stock traded as high as GBX 365 ($4.82) and last traded at GBX 362.40 ($4.79), with a volume of 67372 shares. The stock had previously closed at GBX 357.60 ($4.72).

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on BPT. JPMorgan Chase & Co. upgraded shares of Bridgepoint Group to an “overweight” rating and increased their target price for the stock from GBX 259 ($3.42) to GBX 358 ($4.73) in a research note on Tuesday, August 13th. Jefferies Financial Group restated a “buy” rating and issued a GBX 310 ($4.10) price objective on shares of Bridgepoint Group in a research report on Tuesday, July 9th.

Bridgepoint Group Stock Performance

The company has a debt-to-equity ratio of 14.55, a current ratio of 4.98 and a quick ratio of 3.60. The stock has a market cap of £3.11 billion, a price-to-earnings ratio of 4,700.00, a P/E/G ratio of 0.61 and a beta of 1.71. The stock’s 50-day moving average is GBX 290.92 and its 200 day moving average is GBX 256.79.

Bridgepoint Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, October 28th. Investors of record on Thursday, September 19th will be given a GBX 4.60 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, September 19th. This represents a yield of 1.67%. This is an increase from Bridgepoint Group’s previous dividend of $4.40. Bridgepoint Group’s dividend payout ratio (DPR) is presently 11,250.00%.

Bridgepoint Group Company Profile

Bridgepoint Group plc is private equity and private credit firm specializing in middle market, lower mid cap, small cap, growth capital and buyouts investment. It prefers to invest in advanced industrials, automation, agricultural sciences, energy transition enablers, business services, financial services, professional services, testing inspection and certification, information services, consumer, digital brands, video games, wellbeing products, health care, pharma and MedTech outsourced services, pharma products, and MedTech Products sectors.