Sabre Insurance Group plc (LON:SBRE) Insider Acquires £200.02 in Stock

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter bought 146 shares of the business's stock in a transaction on Monday, June 9th. The stock was bought at an average cost of GBX 137 ($1.86) per share, with a total value of £200.02 ($271.58).

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

• On Monday, May 12th, Geoffrey Richard Carter purchased 149 shares of Sabre Insurance Group stock. The shares were acquired at an average price of GBX 135 ($1.83) per share, for a total transaction of £201.15 ($273.12).
• On Thursday, March 20th, Geoffrey Richard Carter purchased 3,805 shares of Sabre Insurance Group stock. The shares were acquired at an average price of GBX 131 ($1.78) per share, for a total transaction of £4,984.55 ($6,767.89).

Sabre Insurance Group Trading Down 0.7%

Shares of SBRE traded down GBX 1 ($0.01) during trading hours on Friday, reaching GBX 137 ($1.86). 286,254 shares of the stock traded hands, compared to its average volume of 667,350. Sabre Insurance Group plc has a 52-week low of GBX 118.60 ($1.61) and a 52-week high of GBX 167 ($2.27). The company's 50-day moving average price is GBX 131.49 and its two-hundred day moving average price is GBX 131.85. The company has a market cap of £341.35 million, a P/E ratio of 11.56, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22.

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

Sabre Insurance Group Increases Dividend

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

Analyst Ratings Changes

Separately, Berenberg Bank dropped their price target on shares of Sabre Insurance Group from GBX 213 ($2.89) to GBX 210 ($2.85) and set a "buy" rating on the stock in a research note 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.