Personal Group (LON:PGH) Issues Quarterly Earnings Results

Personal Group (LON:PGH) announced its quarterly earnings results on Tuesday. The company reported GBX 17.70 ($0.23) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Personal Group had a net margin of 13.49% and a return on equity of 14.40%.

Personal Group Stock Up 3.3 %

Shares of LON:PGH traded up GBX 7.88 ($0.10) on Thursday, hitting GBX 247.88 ($3.19). The company had a trading volume of 72,009 shares, compared to its average volume of 29,484. The firm’s 50-day simple moving average is GBX 206.25 and its two-hundred day simple moving average is GBX 193.22. The firm has a market capitalization of £76.41 million, a price-to-earnings ratio of 16.63 and a beta of 0.46. Personal Group has a 1 year low of GBX 152 ($1.96) and a 1 year high of GBX 248 ($3.19).

Personal Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Thursday, April 3rd will be given a dividend of GBX 10 ($0.13) per share. This is an increase from Personal Group’s previous dividend of $6.50. This represents a yield of 4.31%. The ex-dividend date of this dividend is Thursday, April 3rd. Personal Group’s payout ratio is presently 80.50%.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group boosted their price target on Personal Group from GBX 209 ($2.69) to GBX 316 ($4.07) and gave the company a “buy” rating in a report on Tuesday.

About Personal Group

Personal Group Holdings Plc (AIM: PGH) is a workforce benefits and health insurance provider. Its vision is to be the champion of affordable and accessible insurance and benefits, keeping businesses and their employees happy, healthy and protected. The Group is proud to support the health and wellbeing of c.