Quilter plc (LON:QLT - Get Free Report) insider Mark Satchel sold 41,557 shares of the company's stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of GBX 103 ($1.30), for a total transaction of £42,803.71 ($54,175.05).
Quilter Price Performance
Shares of QLT opened at GBX 102.10 ($1.29) on Friday. The business's 50-day moving average is GBX 102.62 and its 200-day moving average is GBX 96.70. The company has a debt-to-equity ratio of 18.37, a current ratio of 1.21 and a quick ratio of 0.05. The company has a market capitalization of £1.42 billion, a price-to-earnings ratio of 3,403.33, a P/E/G ratio of 4.18 and a beta of 1.08. Quilter plc has a fifty-two week low of GBX 71.20 ($0.90) and a fifty-two week high of GBX 109.80 ($1.39).
Quilter Increases Dividend
The business also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Thursday, April 18th will be paid a GBX 3.70 ($0.05) dividend. This represents a yield of 3.64%. The ex-dividend date is Thursday, April 18th. This is a positive change from Quilter's previous dividend of $1.50. Quilter's dividend payout ratio is currently 16,666.67%.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank boosted their target price on shares of Quilter from GBX 95 ($1.20) to GBX 105 ($1.33) and gave the company a "hold" rating in a research note on Tuesday, March 12th.
Check Out Our Latest Analysis on QLT
About Quilter
(
Get Free Report)
The Best AI Stock to Own in the World Today is Trading for Just $25
From Banyan Hill Publishing | Ad
“Titan of Tech” Bets Big on Tiny AI Company
He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal…
But our research shows his latest investment could be his most successful venture yet.
See how you can invest alongside him
Quilter plc provides advice-led investment solutions and investment administration services in the United Kingdom and internationally. It operates through High Net Worth and Affluent segments. The High Net Worth segment provides discretionary investment management services to high-net worth customers, charities, companies, and institutions through a network of branches; and financial advice services for protection, mortgages, savings, investment, and pensions primarily to high net worth clients.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
