Sabre Insurance Group plc (LON:SBRE) Insider Purchases £150.51 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 87 shares of the business’s stock in a transaction that occurred on Wednesday, April 10th. The stock was acquired at an average price of GBX 173 ($2.19) per share, for a total transaction of £150.51 ($190.49).

Geoffrey Richard Carter also recently made the following trade(s):

• On Monday, February 12th, Geoffrey Richard Carter purchased 95 shares of Sabre Insurance Group stock. The stock was acquired at an average price of GBX 157 ($1.99) per share, for a total transaction of £149.15 ($188.77).

Sabre Insurance Group Trading Down 0.1 %

Shares of SBRE stock opened at GBX 171.60 ($2.17) on Friday. The stock’s fifty day moving average is GBX 164.37 and its two-hundred day moving average is GBX 154.78. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.21 and a current ratio of 0.53. The firm has a market capitalization of £426.27 million, a P/E ratio of 2,451.43, a PEG ratio of 4.08 and a beta of 0.19. Sabre Insurance Group plc has a fifty-two week low of GBX 117.20 ($1.48) and a fifty-two week high of GBX 183.60 ($2.32).

Sabre Insurance Group Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Thursday, April 25th will be issued a dividend of GBX 8.10 ($0.10) per share. This represents a dividend yield of 5.09%. The ex-dividend date of this dividend is Thursday, April 25th. This is a positive change from Sabre Insurance Group’s previous dividend of $0.90. Sabre Insurance Group’s payout ratio is currently 7,142.86%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Royal Bank of Canada raised their price objective on shares of Sabre Insurance Group from GBX 200 ($2.53) to GBX 220 ($2.78) and gave the stock an “outperform” rating in a research note on Wednesday, March 20th. Berenberg Bank raised their price objective on shares of Sabre Insurance Group from GBX 170 ($2.15) to GBX 200 ($2.53) and gave the stock a “buy” rating in a research note on Monday, February 19th.

Sabre Insurance Group Company Profile

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles and motorcycles in the United Kingdom. It offers its products through a network of insurance brokers, as well as through its own direct brands, including Go Girl, Insure 2 Drive, and Drive Smart.