Sabre Insurance Group plc (LON:SBRE – Get Rating) insider Geoffrey Richard Carter acquired 124 shares of the business’s stock in a transaction dated Tuesday, April 11th. The shares were acquired at an average cost of GBX 121 ($1.50) per share, with a total value of £150.04 ($185.81).
Geoffrey Richard Carter also recently made the following trade(s):
- On Friday, March 10th, Geoffrey Richard Carter bought 147 shares of Sabre Insurance Group stock. The stock was bought at an average price of GBX 102 ($1.26) per share, for a total transaction of £149.94 ($185.68).
- On Friday, February 10th, Geoffrey Richard Carter acquired 155 shares of Sabre Insurance Group stock. The stock was acquired at an average price of GBX 97 ($1.20) per share, for a total transaction of £150.35 ($186.19).
Sabre Insurance Group Stock Up 0.3 %
Shares of LON:SBRE opened at GBX 121.40 ($1.50) on Thursday. The company has a current ratio of 0.48, a quick ratio of 0.21 and a debt-to-equity ratio of 0.03. Sabre Insurance Group plc has a 12-month low of GBX 81.90 ($1.01) and a 12-month high of GBX 231 ($2.86). The company has a fifty day simple moving average of GBX 103.97 and a 200 day simple moving average of GBX 99.99. The firm has a market cap of £303.50 million, a PE ratio of 3,035.00, a price-to-earnings-growth ratio of 4.08 and a beta of 0.27.
Sabre Insurance Group Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, June 1st. Shareholders of record on Thursday, April 20th will be issued a dividend of GBX 1.70 ($0.02) per share. The ex-dividend date is Thursday, April 20th. This represents a yield of 1.76%. Sabre Insurance Group’s payout ratio is presently 17,500.00%.
Wall Street Analyst Weigh In
A number of brokerages have commented on SBRE. Shore Capital reduced their target price on shares of Sabre Insurance Group from GBX 112 ($1.39) to GBX 93 ($1.15) and set a “hold” rating on the stock in a research note on Wednesday, March 22nd. Peel Hunt reiterated an “add” rating and set a GBX 130 ($1.61) price target on shares of Sabre Insurance Group in a research note on Tuesday, March 14th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of GBX 136.80 ($1.69).
About Sabre Insurance Group
(Get Rating)
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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