Insider Selling: Lancashire Holdings Limited (LON:LRE) Insider Sells £943,393 in Stock

Lancashire Holdings Limited (LON:LRE) insider Alex Maloney sold 171,526 shares of the business’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of GBX 550 ($7.08), for a total transaction of £943,393 ($1,214,616.97).

Lancashire Stock Performance

Shares of LRE stock opened at GBX 578 ($7.44) on Thursday. The firm has a market cap of £1.74 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 0.21 and a beta of 0.62. Lancashire Holdings Limited has a 52-week low of GBX 547 ($7.04) and a 52-week high of GBX 721 ($9.28). The company has a quick ratio of 1.18, a current ratio of 33.62 and a debt-to-equity ratio of 31.26. The company’s 50 day moving average is GBX 610.70 and its 200 day moving average is GBX 639.83.

Lancashire Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Thursday, March 20th were given a GBX 5 ($0.06) dividend. This represents a dividend yield of 1.05%. This is a positive change from Lancashire’s previous dividend of $0.15. The ex-dividend date was Thursday, March 20th. Lancashire’s payout ratio is presently 34.29%.

Lancashire Company Profile

Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, Australia, and the United States. The company operates through two segments, Reinsurance and Insurance. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products.