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Legal & General Group PLC Add to portfolio

LON100:LGEN, Aug 17, 03:52 UTC

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Sunday, August 05


News

Legal & General inks lifetime mortgage deal with Virgin Money

LGEN VM

Aug 6 (Reuters) - British insurer Legal & General (LSE: LGEN.L - news) said on Monday it has teamed up with Virgin Money to offer lifetime mortgages to Virgin customers at the end of their interest-only home loan term. Under the five-year deal, Virgin Money customers aged over 55 with interest-only mortgages will be eligible to apply for the loans. Regulators told Britain's banks earlier this year to step up checks on 1.7 million customers with interest-only home loans as in many cases these customers have no clear plan for repaying capital. "Solving the interest-only challenge is just one area where we see lifetime mortgages as a potentially transformative solution for the lives of UK borrowers," Steve Ellis, CEO, Legal & General Home Finance, said.

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Wednesday, July 25


Social Chatter

Sunday, July 15


News

Why Legal & General is one of my top FTSE 100 dividend stocks

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Shares in insurance and investment specialist Legal & General Group(LSE: LGEN) currently offer a high dividend yield of 5.8%. Here’s why I think the stock is currently one of the best dividend stocks in the FTSE 100. At 5.8%, Legal & General’s is over twice that, meaning investors in the stock are pocketing some big cash payouts. Sometimes, you need to be a little careful with high-yielding stocks. A good example is BT Group, which currently yields nearly 7% — investors clearly have their doubts about the dividend. Yet, in Legal & General’s case, the dividend looks sustainable, to my mind.

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Wednesday, June 27


News

E*TRADE Financial Corp (ETFC) Position Reduced by Legal & General Group Plc – RealistInvestor.com

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Legal & General Group Plc decreased its position in shares of E*TRADE Financial Corp (NASDAQ:ETFC) by 4.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The company has a market cap of $16.55 billion, a price-to-earnings ratio of 24.21, a PEG ratio of 1.04 and a beta of 1.27. The financial services provider reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.09. Wells Fargo & Co lifted their price target on shares of E*TRADE Financial from $67.00 to $73.00 and gave the stock an “outperform” rating in a research report on Monday, May 21st.

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News

Torchmark Co. (TMK) Shares Bought by Barclays PLC

LGEN TMK

Goldman Sachs Group Inc. now owns 1,825,563 shares of the insurance provider’s stock valued at $165,597,000 after purchasing an additional 426,500 shares during the period. In related news, CEO Gary L. Coleman sold 10,000 shares of Torchmark stock in a transaction that occurred on Friday, April 20th. In the last quarter, insiders have sold 104,375 shares of company stock worth $9,005,254. Morgan Stanley decreased their target price on Torchmark from $84.00 to $82.00 and set an “underweight” rating on the stock in a research report on Thursday, April 5th.

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Tuesday, June 26


News

Legal & General Group Plc Sells 48,297 Shares of FedEx Co. (NYSE:FDX)

LGEN FDX +1 more LGEN FDX DHR

Legal & General Group Plc trimmed its stake in Danaher Co. (NYSE:DHR) by 7.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. Zacks Investment Research raised Danaher from a “hold” rating to a “buy” rating and set a $113.00 price target for the company in a research report on Thursday, May 17th. 133,634 shares of the stock traded hands, compared to its average volume of 2,337,121. In other news, CFO Daniel L. Comas sold 78,379 shares of the company’s stock in a transaction dated Monday, April 23rd.

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Friday, June 22


News

Why Barclays Capital Has Just Restated Their "Overweight" Rating For Legal General Group PLC (LON:LGEN) Shares

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This Morning, Barclays Capital reiterated their Overweight rating on Legal General Group PLC (LON:LGEN) shares in analysts report sent to clients and investors. Among 11 analysts covering Legal General Group PLC (LON:LGEN), 7 have Buy rating, 2 Sell and 2 Hold. Therefore 64% are positive. Legal General Group PLC had 24 analyst reports since January 4, 2018 according to SRatingsIntel. It operates through Legal & General Retirement , Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), Savings, and General Insurance (GI) divisions.

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Tuesday, June 19


News

Legal & General Group Plc Lowers Stake in Chubb Ltd (CB) – Enterprise Leader

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Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chubb and related companies with MarketBeat.com's FREE daily email newsletter. Amundi Pioneer Asset Management Inc. now owns 605,121 shares of the financial services provider’s stock valued at $82,763,000 after acquiring an additional 432,290 shares during the last quarter. Deutsche Bank decreased their target price on shares of Chubb from $149.00 to $140.00 and set a “hold” rating for the company in a research report on Thursday, March 29th. In other Chubb news, Director Michael G. Atieh sold 920 shares of the firm’s stock in a transaction on Monday, June 4th.

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Friday, June 15


News

MOVES- State Street, Legal & General, Franklin Templeton Investments

LGEN BEN

The custody bank said it had named Maria Cantillon head of sector solutions for Europe, Middle East and Africa. Legal & General Capital, the principal investment arm of Legal & General Group, said it has expanded its housebuilding arm's team by hiring Chris Sly and Matthew Stubblefield. The firm said it has hired Jennifer Ockwell as head of UK Institutional, where she will be responsible for institutional sales and client service in the UK. Frederic Jallot, head of credit trading at Nomura, is to leave the bank only a year after joining from Citigroup, where he was head of EMEA credit trading.

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Monday, June 11


Social Chatter

Legal & General Group PLC (LON100:LGEN) social chatter is higher than usual

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Legal & General dumps holdings in eight ‘climate laggards’, writes @Fanfaronade https://t.co/GdV6rPi21d