St. James’s Place plc (LON:STJ) Plans Dividend of GBX 6

St. James’s Place plc (LON:STJ) announced a dividend on Tuesday, July 30th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 22nd will be paid a dividend of GBX 6 ($0.08) per share on Friday, September 20th. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend is Thursday, August 22nd. The official announcement can be seen at this link.

St. James’s Place Stock Performance

LON STJ traded up GBX 142.77 ($1.84) on Tuesday, hitting GBX 701.27 ($9.02). 10,931,176 shares of the company’s stock were exchanged, compared to its average volume of 3,155,826. St. James’s Place has a fifty-two week low of GBX 393.60 ($5.06) and a fifty-two week high of GBX 948.36 ($12.20). The company has a debt-to-equity ratio of 37.81, a current ratio of 1.10 and a quick ratio of 3.85. The firm’s 50-day moving average price is GBX 536.51 and its two-hundred day moving average price is GBX 526.35. The firm has a market cap of £3.85 billion, a price-to-earnings ratio of -34,425.00, a P/E/G ratio of 1.10 and a beta of 1.20.

Analyst Ratings Changes

STJ has been the topic of a number of research analyst reports. Barclays reiterated an “overweight” rating and set a GBX 700 ($9.00) price objective on shares of St. James’s Place in a research note on Wednesday, May 1st. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 750 ($9.65) price objective on shares of St. James’s Place in a research note on Friday, June 28th. Finally, JPMorgan Chase & Co. upgraded shares of St. James’s Place to an “overweight” rating in a research note on Monday, June 3rd. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, St. James’s Place currently has an average rating of “Moderate Buy” and an average price target of GBX 646.75 ($8.32).

St. James’s Place Company Profile

St. James's Place plc is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in public equity and fixed income market across the globe. The firm was formerly known as St. James's Place Capital plc. St.