STV Group (LON:STVG) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reissued their buy rating on shares of STV Group (LON:STVG) in a report released on Monday, April 1st, ThisIsMoney.Co.Uk reports.

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

Shares of STV Group stock traded up GBX 2.50 ($0.03) on Monday, reaching GBX 372.50 ($4.87). The stock had a trading volume of 21,047 shares, compared to its average volume of 60,382. STV Group has a 1 year low of GBX 316 ($4.13) and a 1 year high of GBX 458 ($5.98). The company has a market cap of $145.84 million and a price-to-earnings ratio of 90.85.

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

In other news, insider George Watt sold 40,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was 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. The company operates in Broadcast, Digital, Productions, and External Lottery Management segments. It provides news, sports, entertainment, weather, competitions, video on demand, and STV programs.

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