Sabre Insurance Group plc (LON:SBRE) Insider Purchases £199.12 in Stock

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter acquired 131 shares of the company's stock in a transaction dated Friday, May 10th. The shares were bought at an average cost of GBX 152 ($1.91) per share, with a total value of £199.12 ($250.09).

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

• On Wednesday, April 10th, Geoffrey Richard Carter acquired 87 shares of Sabre Insurance Group stock. The shares were purchased at an average price of GBX 173 ($2.17) per share, with a total value of £150.51 ($189.04).

Sabre Insurance Group Stock Performance

LON:SBRE traded up GBX 0.20 ($0.00) during midday trading on Monday, reaching GBX 155.40 ($1.95). 272,026 shares of the company traded hands, compared to its average volume of 320,402. The firm has a market capitalization of £386.03 million, a price-to-earnings ratio of 2,220.00, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22. The company has a fifty day moving average price of GBX 167.36 and a 200 day moving average price of GBX 156.25. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.53 and a quick ratio of 0.21. Sabre Insurance Group plc has a twelve month low of GBX 117.20 ($1.47) and a twelve month high of GBX 183.60 ($2.31).

Sabre Insurance Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, June 5th. Investors of record on Thursday, April 25th will be given a GBX 8.10 ($0.10) dividend. This is a boost from Sabre Insurance Group's previous dividend of $0.90. This represents a yield of 5.09%. The ex-dividend date is Thursday, April 25th. Sabre Insurance Group's dividend payout ratio (DPR) is currently 7,142.86%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on SBRE. Royal Bank of Canada increased their price objective on shares of Sabre Insurance Group from GBX 200 ($2.51) to GBX 220 ($2.76) and gave the stock an "outperform" rating in a research report on Wednesday, March 20th. Berenberg Bank raised their target price on Sabre Insurance Group from GBX 170 ($2.14) to GBX 200 ($2.51) 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 in the United Kingdom. It offers taxi, private car, and motorcycle insurance through a network of insurance brokers, as well as through its Go Girl and Insure 2 Drive brands. The company was founded in 1982 and is based in Dorking, the United Kingdom.