Gervais Williams Buys 265 Shares of Miton Group PLC (MGR) Stock

Miton Group PLC (LON:MGR) insider Gervais Williams bought 265 shares of the company’s stock in a transaction dated Tuesday, April 23rd. The stock was bought at an average price of GBX 57 ($0.74) per share, with a total value of £151.05 ($197.37).

Shares of MGR stock opened at GBX 58 ($0.76) on Friday. Miton Group PLC has a 52-week low of GBX 41 ($0.54) and a 52-week high of GBX 76.20 ($1.00). The company has a market cap of $90.16 million and a P/E ratio of 12.89.

The firm also recently declared a dividend, which will be paid on Tuesday, May 21st. Investors of record on Thursday, April 11th will be paid a dividend of GBX 2 ($0.03) per share. This is a positive change from Miton Group’s previous dividend of $1.40. This represents a dividend yield of 3.45%. The ex-dividend date of this dividend is Thursday, April 11th. Miton Group’s dividend payout ratio (DPR) is currently 0.44%.

MGR has been the subject of a number of recent research reports. Liberum Capital dropped their target price on Miton Group from GBX 65 ($0.85) to GBX 63 ($0.82) and set a “buy” rating for the company in a report on Friday, January 18th. Peel Hunt reissued an “add” rating and set a GBX 60 ($0.78) price target on shares of Miton Group in a research note on Friday, January 18th.

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Miton Group Company Profile

Miton Group plc provides fund management services in the United Kingdom. It trades its funds under the MAM, MAM Funds, Midas Capital Partners, and Miton Asset Management fund brand names. The company was formerly known as Midas Capital lc and changed its name to MAM Funds plc in July 2010. Miton Group plc was founded in 2001 and is based in London, United Kingdom.

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