Direct Line Insurance Group plc (LON:DLG - Get Free Report) insider Neil Manser purchased 80 shares of the firm's stock in a transaction that occurred on Monday, April 29th. The stock was bought at an average price of GBX 186 ($2.34) per share, with a total value of £148.80 ($186.91).
Neil Manser also recently made the following trade(s):
- On Wednesday, March 27th, Neil Manser purchased 78 shares of Direct Line Insurance Group stock. The stock was bought at an average price of GBX 192 ($2.41) per share, with a total value of £149.76 ($188.12).
- On Tuesday, February 27th, Neil Manser purchased 93 shares of Direct Line Insurance Group stock. The stock was bought at an average price of GBX 162 ($2.03) per share, with a total value of £150.66 ($189.25).
Direct Line Insurance Group Trading Down 0.9 %
Shares of LON DLG opened at GBX 185.80 ($2.33) on Wednesday. Direct Line Insurance Group plc has a one year low of GBX 132.12 ($1.66) and a one year high of GBX 240.10 ($3.02). The firm has a market capitalization of £2.42 billion, a PE ratio of 1,161.25, a PEG ratio of 2.22 and a beta of 0.44. The company has a current ratio of 8.31, a quick ratio of 0.28 and a debt-to-equity ratio of 18.89. The business has a 50-day moving average price of GBX 196.01 and a two-hundred day moving average price of GBX 181.95.
Direct Line Insurance Group Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, May 17th. Shareholders of record on Thursday, April 4th will be given a dividend of GBX 4 ($0.05) per share. The ex-dividend date is Thursday, April 4th. This represents a yield of 1.89%. Direct Line Insurance Group's payout ratio is presently 5,000.00%.
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A number of equities analysts recently weighed in on the company. Barclays upgraded Direct Line Insurance Group to an "equal weight" rating and increased their price target for the company from GBX 188 ($2.36) to GBX 219 ($2.75) in a research report on Thursday, February 29th. Berenberg Bank raised their price objective on Direct Line Insurance Group from GBX 195 ($2.45) to GBX 220 ($2.76) and gave the stock a "buy" rating in a research report on Wednesday, April 3rd. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 212.50 ($2.67).
View Our Latest Stock Report on Direct Line Insurance Group
About Direct Line Insurance Group
(
Get Free Report)
Direct Line Insurance Group plc engages in the provision of general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers motor, home, van, landlord, rescue, pet, tradesperson, business, creditor and select, and travel insurance products, as well as commercial insurance for small and medium-sized enterprises.
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