Aviva plc (LON:AV) Insider Purchases £4,826.43 in Stock

Aviva plc (LON:AV) insider Pippa Lambert acquired 987 shares of the company’s stock in a transaction on Monday, September 30th. The stock was acquired at an average price of GBX 489 ($6.54) per share, for a total transaction of £4,826.43 ($6,455.90).

Aviva Stock Performance

LON:AV opened at GBX 475.20 ($6.36) on Friday. The company has a market cap of £12.64 billion, a P/E ratio of 1,033.04, a price-to-earnings-growth ratio of 1.97 and a beta of 0.89. The company has a current ratio of 2.17, a quick ratio of 1.57 and a debt-to-equity ratio of 67.09. The firm’s fifty day moving average is GBX 491.64 and its two-hundred day moving average is GBX 484.26.

Aviva Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, October 17th. Stockholders of record on Thursday, September 5th will be issued a dividend of GBX 11.90 ($0.16) per share. This represents a dividend yield of 2.44%. The ex-dividend date is Thursday, September 5th. Aviva’s dividend payout ratio (DPR) is presently 7,391.30%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 545 ($7.29) price objective on shares of Aviva in a report on Friday, July 5th. The Goldman Sachs Group began coverage on Aviva in a research note on Wednesday, September 18th. They set a “buy” rating on the stock. Finally, Jefferies Financial Group raised their price target on shares of Aviva from GBX 525 ($7.02) to GBX 550 ($7.36) and gave the stock a “buy” rating in a research report on Monday, September 9th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Aviva has an average rating of “Moderate Buy” and a consensus price target of GBX 524.80 ($7.02).

Aviva Company Profile

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.