Quilter (LON:QLT) Insider Sells £1,009,687.65 in Stock

Key Points

  • Insider sale: Director Mark Satchel sold 570,445 shares on April 7 at an average price of GBX 177, generating proceeds of £1,009,687.65.
  • Quilter shares trade around GBX 184.10 with a market cap of £2.54 billion and a 52‑week range of GBX 125.20–201.60, and analysts have a consensus rating of Moderate Buy with an average target of GBX 210.29.

Quilter plc (LON:QLT - Get Free Report) insider Mark Satchel sold 570,445 shares of the business's stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of GBX 177, for a total value of £1,009,687.65.

Quilter Stock Up 0.5%

Quilter stock opened at GBX 184.10 on Friday. Quilter plc has a fifty-two week low of GBX 125.20 and a fifty-two week high of GBX 201.60. The company has a debt-to-equity ratio of 18.49, a quick ratio of 0.05 and a current ratio of 3.92. The company has a market capitalization of £2.54 billion, a P/E ratio of 21.41, a PEG ratio of 2.50 and a beta of 0.80. The stock has a 50-day simple moving average of GBX 182.80 and a 200-day simple moving average of GBX 181.56.

Quilter (LON:QLT - Get Free Report) last posted its earnings results on Wednesday, March 4th. The company reported GBX 8.90 earnings per share for the quarter. Quilter had a return on equity of 8.35% and a net margin of 1.28%. Equities research analysts expect that Quilter plc will post 9.004676 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on QLT. JPMorgan Chase & Co. reduced their target price on Quilter from GBX 223 to GBX 212 and set an "overweight" rating for the company in a report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft boosted their target price on Quilter from GBX 170 to GBX 175 and gave the company a "buy" rating in a report on Thursday, March 5th. Citigroup boosted their target price on Quilter from GBX 198 to GBX 200 and gave the company a "neutral" rating in a report on Monday, January 26th. UBS Group reissued a "buy" rating and issued a GBX 210 target price on shares of Quilter in a report on Friday, January 16th. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 215 target price on shares of Quilter in a report on Thursday, March 5th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Quilter currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 210.29.




Read Our Latest Report on Quilter

Quilter Company Profile

(Get Free Report)

Quilter is a leading UK and cross-border full-service wealth management business, whose purpose is to help create prosperity for the generations of today and tomorrow. It has leading positions in one of the world's largest wealth markets, and its multi-channel proposition and investment performance are delivering attractive growth.

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