Key Points
- Quilter insider Andrew Ross bought 27,100 shares on May 20 at an average price of GBX 186, for a total of about £50,406.
- The stock was trading at GBX 190.40, near its 52-week high of GBX 201.60 and above both its 50-day and 200-day moving averages.
- Analysts remain broadly positive on Quilter, with an average rating of Moderate Buy and a consensus price target of GBX 201.57.
Quilter plc (LON:QLT - Get Free Report) insider Andrew Ross purchased 27,100 shares of the stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average cost of GBX 186 per share, for a total transaction of £50,406.
Quilter Price Performance
LON QLT opened at GBX 190.40 on Friday. The business's fifty day moving average price is GBX 180.57 and its 200-day moving average price is GBX 183.97. The stock has a market capitalization of £2.61 billion, a price-to-earnings ratio of 22.14, a PEG ratio of 2.50 and a beta of 0.80. The company has a debt-to-equity ratio of 18.49, a current ratio of 3.92 and a quick ratio of 0.05. Quilter plc has a 1-year low of GBX 143.70 and a 1-year high of GBX 201.60.
Quilter (LON:QLT - Get Free Report) last released its quarterly 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%. On average, equities analysts predict that Quilter plc will post 9.004676 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on QLT. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 220 target price on shares of Quilter in a report on Wednesday, April 15th. Berenberg Bank raised their price objective on Quilter from GBX 190 to GBX 195 and gave the company a "neutral" rating in a research report on Friday, April 24th. Citigroup lifted their price target on Quilter from GBX 190 to GBX 195 and gave the stock a "neutral" rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft lifted their price target on Quilter from GBX 170 to GBX 175 and gave the stock a "buy" rating in a research report on Thursday, March 5th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Quilter from GBX 212 to GBX 206 and set an "overweight" rating for the company in a research note on Tuesday, April 21st. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of GBX 201.57.
Read Our Latest Report on QLT
About Quilter
(
Get Free Report)
Quilter is a leading UK-focused full-service wealth manager, providing advice-led investment solutions and investment platform services to over 500,000 clients.
Its purpose is to create brighter financial futures for every generation.
Quilter strives to do this through supporting long-term advice-based relationships, delivering good investment management performance while maintaining consistently high-quality customer service.
It has leading positions in one of the world's largest wealth markets, and its multi-channel distribution, award-winning platform and investment solutions are delivering attractive growth.
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