Insider Buying: Sabre Insurance Group plc (LON:SBRE) Insider Buys 146 Shares of Stock

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter purchased 146 shares of the business's stock in a transaction that occurred on Monday, June 9th. The shares were purchased at an average price of GBX 137 ($1.86) per share, for a total transaction of £200.02 ($271.14).

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

• On Monday, May 12th, Geoffrey Richard Carter acquired 149 shares of Sabre Insurance Group stock. The stock was acquired at an average cost of GBX 135 ($1.83) per share, for a total transaction of £201.15 ($272.67).
• On Thursday, March 20th, Geoffrey Richard Carter acquired 3,805 shares of Sabre Insurance Group stock. The stock was purchased at an average price of GBX 131 ($1.78) per share, for a total transaction of £4,984.55 ($6,756.88).

Sabre Insurance Group Price Performance

LON SBRE traded up GBX 1.40 ($0.02) during trading hours on Thursday, reaching GBX 139 ($1.88). 134,907 shares of the stock traded hands, compared to its average volume of 670,753. The company has a market cap of £346.33 million, a price-to-earnings ratio of 11.73, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22. Sabre Insurance Group plc has a 1 year low of GBX 118.60 ($1.61) and a 1 year high of GBX 167 ($2.26). The stock has a 50 day simple moving average of GBX 130.86 and a two-hundred day simple moving average of GBX 131.75.

Sabre Insurance Group (LON:SBRE - Get Free Report) last posted its quarterly earnings results on Tuesday, March 18th. The company reported GBX 14.48 ($0.20) EPS for the quarter. Sabre Insurance Group had a net margin of 12.82% and a return on equity of 12.19%. On average, sell-side analysts forecast that Sabre Insurance Group plc will post 19.083558 EPS for the current fiscal year.

Sabre Insurance Group Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, June 4th. Investors of record on Thursday, April 17th were issued a dividend of GBX 11.30 ($0.15) per share. This represents a yield of 8.59%. The ex-dividend date of this dividend was Thursday, April 17th. This is an increase from Sabre Insurance Group's previous dividend of $1.70. Sabre Insurance Group's payout ratio is currently 50.62%.

Analyst Ratings Changes

Separately, Berenberg Bank cut their price target on Sabre Insurance Group from GBX 213 ($2.89) to GBX 210 ($2.85) and set a "buy" rating for the company in a report on Monday, March 10th.

About Sabre Insurance Group

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.