Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Adam Richard Westwood sold 24,008 shares of Sabre Insurance Group stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of GBX 178 ($2.25), for a total value of £42,734.24 ($54,087.13).
Sabre Insurance Group Stock Performance
Shares of Sabre Insurance Group stock opened at GBX 173 ($2.19) on Wednesday. Sabre Insurance Group plc has a 52 week low of GBX 117.20 ($1.48) and a 52 week high of GBX 183.60 ($2.32). The business's fifty day simple moving average is GBX 163.69 and its 200-day simple moving average is GBX 154.55. The firm has a market cap of £429.75 million, a PE ratio of 2,471.43, a price-to-earnings-growth ratio of 4.08 and a beta of 0.19. The company has a quick ratio of 0.21, a current ratio of 0.53 and a debt-to-equity ratio of 0.03.
Sabre Insurance Group Increases Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, June 5th. Investors of record on Thursday, April 25th will be issued a GBX 8.10 ($0.10) dividend. This represents a dividend yield of 5.09%. The ex-dividend date of this dividend is Thursday, April 25th. This is an increase from Sabre Insurance Group's previous dividend of $0.90. Sabre Insurance Group's payout ratio is currently 7,142.86%.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on SBRE. Royal Bank of Canada lifted their price target on 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 boosted their price objective on 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.
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Check Out Our Latest Analysis on SBRE
Sabre Insurance Group Company Profile
(
Get Free Report)
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.
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