Sabre Insurance Group plc (LON:SBRE) Insider Buys £4,984.55 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 3,805 shares of Sabre Insurance Group stock in a transaction dated Thursday, March 20th. The shares were purchased at an average cost of GBX 131 ($1.70) per share, for a total transaction of £4,984.55 ($6,484.39).

Geoffrey Richard Carter also recently made the following trade(s):

• On Friday, January 10th, Geoffrey Richard Carter bought 112 shares of Sabre Insurance Group stock. The shares were acquired at an average price of GBX 133 ($1.73) per share, for a total transaction of £148.96 ($193.78).

Sabre Insurance Group Stock Down 0.3 %

Shares of LON:SBRE traded down GBX 0.40 ($0.01) during midday trading on Thursday, reaching GBX 130.40 ($1.70). 825,945 shares of the company were exchanged, compared to its average volume of 511,918. The firm has a market cap of £324.91 million, a PE ratio of 11.00, a P/E/G ratio of 4.08 and a beta of 0.22. Sabre Insurance Group plc has a fifty-two week low of GBX 123 ($1.60) and a fifty-two week high of GBX 183.60 ($2.39). The stock has a fifty day simple moving average of GBX 130.44 and a two-hundred day simple moving average of GBX 136.01.

Sabre Insurance Group (LON:SBRE) last issued its quarterly earnings results on Tuesday, March 18th. The company reported GBX 14.48 ($0.19) EPS for the quarter. Sabre Insurance Group had a return on equity of 12.19% and a net margin of 12.82%. As a group, analysts forecast that Sabre Insurance Group plc will post 19.083558 earnings per share for the current year.

Sabre Insurance Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Thursday, April 17th will be issued a GBX 11.30 ($0.15) dividend. The ex-dividend date of this dividend is Thursday, April 17th. This is an increase from Sabre Insurance Group’s previous dividend of $1.70. This represents a dividend yield of 8.59%. Sabre Insurance Group’s dividend payout ratio (DPR) is 50.62%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank cut their price objective on Sabre Insurance Group from GBX 213 ($2.77) to GBX 210 ($2.73) and set a “buy” rating on the stock in a report on Monday, March 10th.

Sabre Insurance Group Company Profile

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles in the United Kingdom. It offers taxi, private car, and motorcycle insurance through a network of insurance brokers, as well as through its Go Girl and Insure 2 Drive brands. The company was founded in 1982 and is based in Dorking, the United Kingdom.