Virgin Money Holdings PLC (LON:VM) announced a dividend on Tuesday, July 25th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 10th will be paid a dividend of GBX 1.90 ($0.03) per share on Friday, September 22nd. This represents a dividend yield of 0.68%. The ex-dividend date of this dividend is Thursday, August 10th. The official announcement can be seen at this link.
Shares of Virgin Money Holdings PLC (LON VM) traded up 2.20% during midday trading on Friday, hitting GBX 297.70. 1,447,002 shares of the stock were exchanged. The stock’s market cap is GBX 1.32 billion. Virgin Money Holdings PLC has a 12 month low of GBX 228.00 and a 12 month high of GBX 353.30. The firm has a 50 day moving average of GBX 285.21 and a 200-day moving average of GBX 307.29.
In other Virgin Money Holdings PLC news, insider Jayne-Anne Gadhia bought 35,365 shares of Virgin Money Holdings PLC stock in a transaction that occurred on Tuesday, July 25th. The shares were purchased at an average cost of GBX 281 ($3.71) per share, for a total transaction of £99,375.65 ($131,085.15). Also, insider Mark Parker sold 7,100 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of GBX 308 ($4.06), for a total value of £21,868 ($28,845.80). Insiders sold 719,641 shares of company stock worth $217,606,559 in the last three months.
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A number of equities analysts have recently commented on VM shares. Shore Capital reissued a “buy” rating on shares of Virgin Money Holdings PLC in a research report on Tuesday, April 25th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a GBX 370 ($4.88) price target on shares of Virgin Money Holdings PLC in a report on Monday, June 12th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 380 ($5.01) price target on shares of Virgin Money Holdings PLC in a report on Wednesday, April 26th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 430 ($5.67) price objective on shares of Virgin Money Holdings PLC in a research note on Wednesday, April 12th. Finally, Investec boosted their price objective on Virgin Money Holdings PLC from GBX 385 ($5.08) to GBX 390 ($5.14) and gave the company a “buy” rating in a research note on Wednesday, June 7th. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Virgin Money Holdings PLC has a consensus rating of “Buy” and a consensus price target of GBX 369.07 ($4.87).
About Virgin Money Holdings PLC
Virgin Money Holdings (UK) plc is a United Kingdom-based retail bank. The Company is engaged in the business of residential mortgages, savings and credit cards. The Company provides residential and buy-to-let mortgages and credit cards to customers across the United Kingdom. Mortgages are sold primarily through its intermediary partners and retail deposits are originated directly through its digital channel.
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