London Stock Exchange Group (LON:LSEG) Trading Down 5.3% – Should You Sell?

London Stock Exchange Group plc (LON:LSEG) traded down 5.3% during mid-day trading on Friday . The stock traded as low as £111.90 ($144.29) and last traded at £111.90 ($144.29). 134,876,219 shares changed hands during mid-day trading, an increase of 1,489% from the average session volume of 8,487,025 shares. The stock had previously closed at £118.15 ($152.35).

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada boosted their price objective on London Stock Exchange Group from £116 ($149.58) to £125 ($161.19) and gave the stock an “outperform” rating in a research note on Thursday, February 20th.

London Stock Exchange Group Trading Down 5.3 %

The company has a debt-to-equity ratio of 47.39, a current ratio of 1.00 and a quick ratio of 0.01. The business’s 50-day moving average price is £114.84 and its 200 day moving average price is £111.38. The firm has a market capitalization of £59.24 billion, a price-to-earnings ratio of 87.76, a PEG ratio of 1.72 and a beta of 0.41.

London Stock Exchange Group (LON:LSEG) last posted its quarterly earnings data on Thursday, February 27th. The company reported GBX 363.50 ($4.69) EPS for the quarter. London Stock Exchange Group had a net margin of 7.93% and a return on equity of 2.92%. On average, equities analysts forecast that London Stock Exchange Group plc will post 405.5009823 earnings per share for the current fiscal year.

London Stock Exchange Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 21st. Investors of record on Thursday, April 17th will be paid a dividend of GBX 89 ($1.15) per share. The ex-dividend date of this dividend is Thursday, April 17th. This is a boost from London Stock Exchange Group’s previous dividend of $41.00. This represents a yield of 0.82%. London Stock Exchange Group’s dividend payout ratio (DPR) is 94.11%.

Insider Buying and Selling at London Stock Exchange Group

In other London Stock Exchange Group news, insider David Schwimmer sold 4,577 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was sold at an average price of £111.44 ($143.70), for a total value of £510,060.88 ($657,718.74). 5.64% of the stock is owned by insiders.

About London Stock Exchange Group

LSEG is a leading global financial markets infrastructure and data provider that operates connected businesses to serve customers across the entire financial markets value chain.

With capabilities in data, indices and analytics, capital formation, trade execution, clearing and risk management, we operate at the heart of the world’s financial ecosystem and enable the sustainable growth and stability of our customers and their communities.

Together, our five business divisions – Data and Analytics, FTSE Russell, Risk Intelligence, Capital Markets and Post Trade – offer customers seamless access to global financial markets, across the trading lifecycle.

LSEG is headquartered in London and has a major presence throughout Europe, the Americas, Asia Pacific and emerging markets.