Arbuthnot Banking Group (LON:ARBB) Insider Acquires 20,000 Shares of Stock

Arbuthnot Banking Group PLC (LON:ARBB) insider Henry Angest bought 20,000 shares of the business’s stock in a transaction on Tuesday, September 29th. The stock was acquired at an average cost of GBX 801 per share, for a total transaction of £160,200.

Arbuthnot Banking Group Stock Up 0.6%

Shares of ARBB traded up GBX 5 during midday trading on Tuesday, hitting GBX 810. The company had a trading volume of 3,664 shares, compared to its average volume of 18,468. The stock has a market cap of £132.19 million, a price-to-earnings ratio of 6.95, a PEG ratio of 0.38 and a beta of 0.45. The company’s 50 day moving average price is GBX 810.36 and its 200 day moving average price is GBX 835.61. Arbuthnot Banking Group PLC has a 52 week low of GBX 755 and a 52 week high of GBX 960.

Arbuthnot Banking Group (LON:ARBB) last posted its quarterly earnings results on Tuesday, July 21st. The company reported GBX 49.90 earnings per share (EPS) for the quarter. Arbuthnot Banking Group had a net margin of 6.41% and a return on equity of 6.84%. Equities analysts anticipate that Arbuthnot Banking Group PLC will post 169.2518248 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “house stock” rating on shares of Arbuthnot Banking Group in a report on Tuesday, July 21st.

About Arbuthnot Banking Group

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments. The company offers private and commercial banking services, including current and deposit accounts, loans, overdrafts, guarantees, and foreign exchange; financial planning; investment and asset management; asset finance funding; property finance; asset based lending, deposits, and specialist finance; and other finance.