River and Mercantile Group PLC (LON:RIV) insider Jonathan Dawson bought 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 5th. The stock was purchased at an average cost of GBX 330 ($4.38) per share, with a total value of £99,000 ($131,317.15).
Shares of River and Mercantile Group PLC (LON RIV) opened at 332.50 on Friday. The company’s market capitalization is GBX 266.70 million. The firm’s 50-day moving average price is GBX 321.87 and its 200-day moving average price is GBX 308.76. River and Mercantile Group PLC has a one year low of GBX 205.50 and a one year high of GBX 380.19.
The firm also recently announced a dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 23rd will be paid a dividend of GBX 6 ($0.08) per share. This represents a dividend yield of 1.92%. The ex-dividend date of this dividend is Thursday, November 23rd.
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A number of brokerages have commented on RIV. N+1 Singer reissued a “buy” rating and set a GBX 400 ($5.31) price objective on shares of River and Mercantile Group PLC in a report on Friday, September 15th. Canaccord Genuity raised River and Mercantile Group PLC to a “buy” rating and set a GBX 350 ($4.64) price objective for the company in a report on Tuesday, September 12th. Finally, Numis Securities Ltd reissued a “hold” rating and set a GBX 335 ($4.44) price objective on shares of River and Mercantile Group PLC in a report on Monday, September 25th.
River and Mercantile Group PLC Company Profile
River and Mercantile Group PLC is engaged in advisory and asset management business with a range of services, from consulting and advisory to fiduciary and fund management. The Company’s segments include Fiduciary Management Division, Derivative Solutions Division, Equity Solutions Division and Advisory Division.
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