Insider Buying: Lancashire Holdings Limited (LON:LRE) Insider Acquires 1,800 Shares of Stock

Lancashire Holdings Limited (LON:LRE - Get Free Report) insider Philip Broadley bought 1,800 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The stock was purchased at an average cost of GBX 583 ($7.76) per share, with a total value of £10,494 ($13,960.36).

Lancashire Trading Down 0.9 %

Shares of LON:LRE traded down GBX 5 ($0.07) during midday trading on Friday, reaching GBX 573 ($7.62). The company's stock had a trading volume of 199,718 shares, compared to its average volume of 1,645,425. The business has a 50 day moving average price of GBX 573.78 and a 200 day moving average price of GBX 616.65. The company has a quick ratio of 1.18, a current ratio of 33.62 and a debt-to-equity ratio of 31.26. Lancashire Holdings Limited has a 1 year low of GBX 505 ($6.72) and a 1 year high of GBX 721 ($9.59). The firm has a market cap of £1.73 billion, a price-to-earnings ratio of 10.92, a price-to-earnings-growth ratio of 0.21 and a beta of 0.62.

Lancashire Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Thursday, March 20th were issued a dividend of GBX 5 ($0.07) per share. This is a positive change from Lancashire's previous dividend of $0.15. This represents a dividend yield of 1.05%. The ex-dividend date was Thursday, March 20th. Lancashire's dividend 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.