Quilter plc (LON:QLT) Insider Sells £42,803.71 in Stock

Quilter plc (LON:QLT - Get Free Report) insider Mark Satchel sold 41,557 shares of the stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of GBX 103 ($1.30), for a total transaction of £42,803.71 ($54,175.05).

Quilter Price Performance

Quilter stock traded down GBX 2 ($0.03) during midday trading on Friday, reaching GBX 102.10 ($1.29). The company had a trading volume of 816,369 shares, compared to its average volume of 1,748,717. The company has a market capitalization of £1.42 billion, a P/E ratio of 3,403.33, a P/E/G ratio of 4.18 and a beta of 1.08. Quilter plc has a 12-month low of GBX 71.20 ($0.90) and a 12-month high of GBX 109.80 ($1.39). The firm's fifty day simple moving average is GBX 102.62 and its 200-day simple moving average is GBX 96.70. The company has a debt-to-equity ratio of 18.37, a current ratio of 1.21 and a quick ratio of 0.05.

Quilter Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 28th. Investors of record on Thursday, April 18th will be paid a GBX 3.70 ($0.05) dividend. The ex-dividend date is Thursday, April 18th. This is a positive change from Quilter's previous dividend of $1.50. This represents a yield of 3.64%. Quilter's dividend payout ratio (DPR) is currently 16,666.67%.

Analysts Set New Price Targets

QLT has been the topic of several recent analyst reports. Berenberg Bank increased their target price on shares of Quilter from GBX 95 ($1.20) to GBX 105 ($1.33) and gave the stock a "hold" rating in a research note on Tuesday, March 12th. The Goldman Sachs Group initiated coverage on shares of Quilter in a research note on Thursday, December 14th. They set a "neutral" rating and a GBX 100 ($1.27) target price on the stock.

Quilter Company Profile

Quilter plc provides advice-led investment solutions and investment administration services in the United Kingdom and internationally. It operates through High Net Worth and Affluent segments. The High Net Worth segment provides discretionary investment management services to high-net worth customers, charities, companies, and institutions through a network of branches; and financial advice services for protection, mortgages, savings, investment, and pensions primarily to high net worth clients.