Quilter (LON:QLT) Insider Andrew Ross Buys 27,100 Shares

Quilter plc (LON:QLTGet Free Report) insider Andrew Ross purchased 27,100 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was bought at an average price of GBX 186 per share, with a total value of £50,406.

Quilter Trading Up 0.7%

LON QLT traded up GBX 1.40 during trading hours on Thursday, hitting GBX 189. 569,860 shares of the company were exchanged, compared to its average volume of 25,603,543. Quilter plc has a 52 week low of GBX 143.70 and a 52 week high of GBX 201.60. The company has a quick ratio of 0.05, a current ratio of 3.92 and a debt-to-equity ratio of 18.49. The stock has a 50-day moving average price of GBX 180.47 and a 200 day moving average price of GBX 183.91. The stock has a market cap of £2.60 billion, a PE ratio of 21.98, a price-to-earnings-growth ratio of 2.50 and a beta of 0.80.

Quilter (LON:QLTGet Free Report) last released its quarterly earnings results on Wednesday, March 4th. The company reported GBX 8.90 earnings per share for the quarter. Quilter had a return on equity of 8.35% and a net margin of 1.28%. Analysts forecast that Quilter plc will post 9.004676 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Jefferies Financial Group reiterated a “buy” rating and set a GBX 220 price target on shares of Quilter in a report on Wednesday, April 15th. Berenberg Bank raised their price objective on shares of Quilter from GBX 190 to GBX 195 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft boosted their target price on Quilter from GBX 170 to GBX 175 and gave the company a “buy” rating in a research report on Thursday, March 5th. Citigroup upped their target price on Quilter from GBX 190 to GBX 195 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. reduced their price target on Quilter from GBX 212 to GBX 206 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 201.57.

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About Quilter

(Get Free Report)

Quilter is a leading UK-focused full-service wealth manager, providing advice-led investment solutions and investment platform services to over 500,000 clients.

Its purpose is to create brighter financial futures for every generation.

Quilter strives to do this through supporting long-term advice-based relationships, delivering good investment management performance while maintaining consistently high-quality customer service.

It has leading positions in one of the world’s largest wealth markets, and its multi-channel distribution, award-winning platform and investment solutions are delivering attractive growth.

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