Sabre Insurance Group plc (LON:SBRE) Insider Purchases £201.15 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 149 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The stock was purchased at an average price of GBX 135 ($1.80) per share, with a total value of £201.15 ($267.70).

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

• On Thursday, March 20th, Geoffrey Richard Carter bought 3,805 shares of Sabre Insurance Group stock. The stock was purchased at an average price of GBX 131 ($1.74) per share, with a total value of £4,984.55 ($6,633.68).

Sabre Insurance Group Stock Performance

LON SBRE opened at GBX 136.20 ($1.81) on Friday. Sabre Insurance Group plc has a fifty-two week low of GBX 118.60 ($1.58) and a fifty-two week high of GBX 173.60 ($2.31). The firm’s fifty day moving average price is GBX 128.58 and its two-hundred day moving average price is GBX 131.59. The stock has a market cap of £339.36 million, a PE ratio of 11.49, a PEG ratio of 4.08 and a beta of 0.22.

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

Sabre Insurance Group Increases Dividend

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

Wall Street Analyst Weigh In

Separately, Berenberg Bank cut their price objective on shares of Sabre Insurance Group from GBX 213 ($2.83) to GBX 210 ($2.79) and set a “buy” rating for the company in a research 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.