Peter Hill Purchases 382 Shares of Paragon Banking Group (LON:PAG) Stock

Paragon Banking Group PLC (LON:PAG) insider Peter Hill acquired 382 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The shares were bought at an average price of GBX 784 per share, for a total transaction of £2,994.88.

Paragon Banking Group Stock Performance

Shares of PAG opened at GBX 784 on Wednesday. Paragon Banking Group PLC has a 52-week low of GBX 650.50 and a 52-week high of GBX 981. The stock’s 50-day simple moving average is GBX 863.13 and its 200 day simple moving average is GBX 852.97. The company has a debt-to-equity ratio of 120.17, a quick ratio of 1.48 and a current ratio of 0.28. The stock has a market capitalization of £1.47 billion, a price-to-earnings ratio of 8.92, a price-to-earnings-growth ratio of 0.50 and a beta of 1.17.

Paragon Banking Group (LON:PAG) last posted its earnings results on Friday, January 16th. The company reported GBX 91.20 earnings per share for the quarter. Paragon Banking Group had a return on equity of 12.75% and a net margin of 21.40%. Research analysts forecast that Paragon Banking Group PLC will post 104.0245566 EPS for the current fiscal year.

Paragon Banking Group declared that its board has approved a share repurchase plan on Wednesday, December 3rd that permits the company to repurchase 0 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. UBS Group reiterated a “buy” rating and issued a GBX 1,020 target price on shares of Paragon Banking Group in a research note on Friday, January 16th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 1,050 price target on shares of Paragon Banking Group in a report on Wednesday, January 28th. Finally, Shore Capital Group increased their price objective on Paragon Banking Group from GBX 1,040 to GBX 1,055 and gave the stock a “buy” rating in a research report on Tuesday, January 27th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,028.20.

Trending Headlines about Paragon Banking Group

Here are the key news stories impacting Paragon Banking Group this week:

• Positive Sentiment: Non-executive director Graeme Yorston bought 500 shares at ~GBX 787, signalling a modest vote of confidence from the board. Article Title
• Positive Sentiment: Paragon executives exercised long-term share awards and increased their equity stakes — a constructive sign that management retains exposure to the stock (may also cause short-term share sales linked to exercise-tax/liquidity needs). Article Title
• Positive Sentiment: Analyst coverage remains supportive — several brokers have “buy/outperform” ratings and target prices around GBX 1,020–1,055, which underpins upside expectations versus the current mid?700s–800s price range.
• Neutral Sentiment: Company filed routine director share dealing notices (compliance disclosures) confirming the transactions above — useful for transparency but not news by itself. Article Title
• Negative Sentiment: Large insider sales: Richard Woodman sold 67,669 shares (~GBX 777 avg; ~£525.8k) and Nigel S. Terrington sold 102,876 shares (~GBX 777 avg; ~£799.3k). Substantial disposals by senior figures are a negative near?term signal and may pressure the stock if perceived as profit?taking or rebalancing. (Source: company insider transaction filings)

About Paragon Banking Group

Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small
and medium-sized businesses (‘SMEs’) and residential property developers in the UK. Founded in 1985 and listed on the
London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people.
Its operations are organised into two lending divisions and lending is funded largely by retail deposits.