Aviva (LON:AV) Trading 0.9% Higher - What's Next?

Aviva plc (LON:AV - Get Free Report) traded up 0.9% on Tuesday . The company traded as high as GBX 553.59 ($7.42) and last traded at GBX 548.60 ($7.36). 5,643,525 shares were traded during trading, The stock had previously closed at GBX 543.80 ($7.29).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. boosted their price objective on Aviva from GBX 615 ($8.25) to GBX 635 ($8.52) and gave the stock an "overweight" rating in a research note on Thursday, March 6th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Aviva has a consensus rating of "Buy" and a consensus target price of GBX 585.67 ($7.85).

Aviva Trading Up 1.4 %

The firm has a market capitalization of £14.94 billion, a price-to-earnings ratio of 11.46, a PEG ratio of 2.01 and a beta of 0.89. The business's 50-day simple moving average is GBX 534 and its two-hundred day simple moving average is GBX 499.88. The company has a quick ratio of 1.57, a current ratio of 2.93 and a debt-to-equity ratio of 68.87.

Aviva (LON:AV - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The company reported GBX 23.60 ($0.32) earnings per share for the quarter. Aviva had a net margin of 3.52% and a return on equity of 14.82%. Equities analysts forecast that Aviva plc will post 46.4942529 earnings per share for the current year.

Aviva Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 20th. Investors of record on Thursday, April 24th will be issued a GBX 23.80 ($0.32) dividend. The ex-dividend date of this dividend is Thursday, April 24th. This represents a dividend yield of 4.25%. This is a boost from Aviva's previous dividend of $11.90. Aviva's payout ratio is 70.07%.

Insider Activity at Aviva

In related news, insider Amanda Blanc sold 523,728 shares of Aviva stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of GBX 555 ($7.44), for a total value of £2,906,690.40 ($3,898,458.15). Company insiders own 0.17% of the company's stock.

About Aviva

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.

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