Shares of Beazley plc (LON:BEZ - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 573.20 ($7.14) and traded as high as GBX 666.01 ($8.29). Beazley shares last traded at GBX 647.50 ($8.06), with a volume of 1,888,304 shares.
Analyst Ratings Changes
A number of research firms have commented on BEZ. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Beazley in a research note on Tuesday, April 9th. Berenberg Bank reissued a "buy" rating and issued a GBX 880 ($10.95) price target on shares of Beazley in a research note on Thursday, March 7th.
Check Out Our Latest Research Report on Beazley
Beazley Trading Up 0.6 %
The firm has a market cap of £4.24 billion, a PE ratio of 542.92, a PEG ratio of 1.57 and a beta of 0.68. The company has a debt-to-equity ratio of 16.26, a quick ratio of 6.45 and a current ratio of 20.77. The stock's 50 day simple moving average is GBX 642.81 and its 200 day simple moving average is GBX 573.88.
Beazley Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, May 3rd. Stockholders of record on Thursday, March 21st will be issued a GBX 14.20 ($0.18) dividend. This represents a dividend yield of 2.17%. This is a positive change from Beazley's previous dividend of $13.50. The ex-dividend date is Thursday, March 21st. Beazley's payout ratio is presently 1,166.67%.
Insider Transactions at Beazley
In other news, insider Sally Lake sold 7,500 shares of the business's stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of GBX 671 ($8.35), for a total value of £50,325 ($62,647.83). In related news, insider Adrian Cox sold 26,323 shares of the company's stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of GBX 646 ($8.04), for a total transaction of £170,046.58 ($211,685.02). Also, insider Sally Lake sold 7,500 shares of the company's stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of GBX 671 ($8.35), for a total transaction of £50,325 ($62,647.83). Company insiders own 2.20% of the company's stock.
Beazley Company Profile
(
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Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks.
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