Geoffrey Richard Carter Purchases 87 Shares of Sabre Insurance Group plc (LON:SBRE) Stock

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter acquired 87 shares of the stock in a transaction dated Wednesday, April 10th. The stock was acquired at an average cost of GBX 173 ($2.19) per share, with a total value of £150.51 ($190.49).

Geoffrey Richard Carter also recently made the following trade(s):

• On Monday, February 12th, Geoffrey Richard Carter acquired 95 shares of Sabre Insurance Group stock. The stock was acquired at an average cost of GBX 157 ($1.99) per share, for a total transaction of £149.15 ($188.77).

Sabre Insurance Group Stock Performance

Sabre Insurance Group stock traded down GBX 0.20 ($0.00) during mid-day trading on Thursday, reaching GBX 171.60 ($2.17). The company's stock had a trading volume of 123,499 shares, compared to its average volume of 236,987. The firm has a market cap of £426.27 million, a price-to-earnings ratio of 2,451.43, a PEG ratio of 4.08 and a beta of 0.19. Sabre Insurance Group plc has a twelve month low of GBX 117.20 ($1.48) and a twelve month high of GBX 183.60 ($2.32). The business has a 50 day moving average price of GBX 164.37 and a 200-day moving average price of GBX 154.78. The company has a current ratio of 0.53, a quick ratio of 0.21 and a debt-to-equity ratio of 0.03.

Sabre Insurance Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Thursday, April 25th will be issued a GBX 8.10 ($0.10) dividend. This is a positive change from Sabre Insurance Group's previous dividend of $0.90. The ex-dividend date is Thursday, April 25th. This represents a dividend yield of 5.09%. Sabre Insurance Group's dividend payout ratio is 7,142.86%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on SBRE. Royal Bank of Canada boosted their target price on shares of Sabre Insurance Group from GBX 200 ($2.53) to GBX 220 ($2.78) and gave the company an "outperform" rating in a research note on Wednesday, March 20th. Berenberg Bank increased their price objective on shares of Sabre Insurance Group from GBX 170 ($2.15) to GBX 200 ($2.53) and gave the company a "buy" rating in a report on Monday, February 19th.

Sabre Insurance Group Company Profile

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles and motorcycles in the United Kingdom. It offers its products through a network of insurance brokers, as well as through its own direct brands, including Go Girl, Insure 2 Drive, and Drive Smart.