Nicholas Holmes Sells 2,362 Shares of Brooks Macdonald Group (BRK) Stock

Brooks Macdonald Group (LON:BRK) insider Nicholas Holmes sold 2,362 shares of the company’s stock in a transaction on Wednesday, April 11th. The shares were sold at an average price of GBX 1,830 ($25.87), for a total value of £43,224.60 ($61,094.84).

LON:BRK traded down GBX 3.50 ($0.05) during trading on Friday, reaching GBX 1,884 ($26.63). The company’s stock had a trading volume of 7,551 shares, compared to its average volume of 4,657. Brooks Macdonald Group has a 12 month low of GBX 1,810 ($25.58) and a 12 month high of GBX 2,582 ($36.49).

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Brooks Macdonald Group (LON:BRK) last posted its quarterly earnings results on Tuesday, March 13th. The company reported GBX 47.70 ($0.67) earnings per share for the quarter, topping the consensus estimate of GBX 47.50 ($0.67) by GBX 0.20 ($0.00). The company had revenue of GBX 4,879 million during the quarter. Brooks Macdonald Group had a negative return on equity of 1.75% and a negative net margin of 1.63%.

The company also recently declared a dividend, which will be paid on Tuesday, April 24th. Stockholders of record on Thursday, March 22nd will be paid a dividend of GBX 17 ($0.24) per share. The ex-dividend date of this dividend is Thursday, March 22nd. This represents a dividend yield of 0.85%.

BRK has been the subject of a number of recent analyst reports. Shore Capital restated a “hold” rating on shares of Brooks Macdonald Group in a research note on Wednesday, January 24th. Peel Hunt downgraded Brooks Macdonald Group to a “hold” rating and set a GBX 2,150 ($30.39) price objective for the company. in a research note on Tuesday, March 13th. Canaccord Genuity restated a “buy” rating and issued a GBX 2,305 ($32.58) price objective on shares of Brooks Macdonald Group in a research note on Wednesday, January 24th. N+1 Singer restated a “buy” rating on shares of Brooks Macdonald Group in a research note on Wednesday, January 24th. Finally, Numis Securities restated a “buy” rating and issued a GBX 2,300 ($32.51) price objective on shares of Brooks Macdonald Group in a research note on Wednesday, January 24th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of GBX 2,220.67 ($31.39).

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Brooks Macdonald Group Company Profile

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.

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