STV Group (STVG) Earns “Buy” Rating from Peel Hunt

Peel Hunt restated their buy rating on shares of STV Group (LON:STVG) in a report released on Monday morning, ThisIsMoney.Co.Uk reports.

Separately, Shore Capital reiterated a buy rating on shares of STV Group in a research note on Monday, March 4th.

Shares of STV Group stock opened at GBX 381.30 ($4.98) on Monday. STV Group has a twelve month low of GBX 300 ($3.92) and a twelve month high of GBX 458 ($5.98). The stock has a market capitalization of $149.29 million and a price-to-earnings ratio of 93.00.

The firm also recently disclosed a dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, April 11th will be paid a GBX 14 ($0.18) dividend. This is a boost from STV Group’s previous dividend of $6.00. The ex-dividend date of this dividend is Thursday, April 11th. This represents a yield of 3.85%. STV Group’s payout ratio is 4.88%.

In other STV Group news, insider George Watt sold 40,000 shares of STV Group stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of GBX 380 ($4.97), for a total value of £152,000 ($198,614.92).

STV Group Company Profile

STV Group plc, together with its subsidiaries, produces and broadcasts television programs in the United Kingdom and internationally. The company operates in three segments: Consumer, Productions, and External Lottery Management. It creates and produces news, sports, and weather content for broadcast networks.

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