Insider Selling: Brooks Macdonald Group plc (BRK) Insider Sells 5,646 Shares of Stock

Brooks Macdonald Group plc (LON:BRK) insider Nicholas Holmes sold 5,646 shares of Brooks Macdonald Group stock in a transaction dated Monday, November 5th. The shares were sold at an average price of GBX 1,758 ($22.97), for a total value of £99,256.68 ($129,696.43).

Shares of LON:BRK opened at GBX 1,780 ($23.26) on Friday. Brooks Macdonald Group plc has a 1-year low of GBX 1,810 ($23.65) and a 1-year high of GBX 2,582 ($33.74).

The company also recently disclosed a dividend, which was paid on Friday, November 2nd. Shareholders of record on Thursday, September 27th were issued a dividend of GBX 30 ($0.39) per share. This is a boost from Brooks Macdonald Group’s previous dividend of $17.00. This represents a yield of 1.5%. The ex-dividend date was Thursday, September 27th.

A number of research analysts recently issued reports on BRK shares. Numis Securities cut Brooks Macdonald Group to an “add” rating and cut their price target for the company from GBX 2,300 ($30.05) to GBX 2,210 ($28.88) in a report on Monday, October 8th. Peel Hunt reaffirmed a “buy” rating on shares of Brooks Macdonald Group in a report on Friday, October 26th. Shore Capital reaffirmed a “hold” rating on shares of Brooks Macdonald Group in a report on Friday, October 26th. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 2,285 ($29.86) price target on shares of Brooks Macdonald Group in a report on Thursday, July 26th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Brooks Macdonald Group currently has an average rating of “Buy” and a consensus price target of GBX 2,211.25 ($28.89).

COPYRIGHT VIOLATION NOTICE: This report was posted by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this report on another publication, it was illegally stolen and republished in violation of US and international trademark & copyright law. The original version of this report can be accessed at https://sportsperspectives.com/2018/11/09/insider-selling-brooks-macdonald-group-plc-brk-insider-sells-5646-shares-of-stock.html.

About Brooks Macdonald Group

Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, charities, professional intermediaries, and trustees in the United Kingdom and internationally. It operates through four segments: Investment Management, Financial Planning, Funds and Property Management, and International.

Recommended Story: How Investors Use a Balance Sheet

Receive News & Ratings for Brooks Macdonald Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brooks Macdonald Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply