Insider Selling: Aviva plc (LON:AV) Insider Sells £38,793.15 in Stock

Aviva plc (LON:AV) insider Charlotte Jones sold 7,837 shares of the stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of GBX 495 ($6.26), for a total value of £38,793.15 ($49,024.58).

Aviva Stock Performance

AV opened at GBX 496.60 ($6.28) on Friday. Aviva plc has a twelve month low of GBX 366 ($4.63) and a twelve month high of GBX 498 ($6.29). The stock has a market cap of £13.56 billion, a PE ratio of 1,341.08, a price-to-earnings-growth ratio of 8.09 and a beta of 0.91. The business’s 50 day moving average is GBX 449.61 and its 200-day moving average is GBX 425.43. The company has a current ratio of 2.25, a quick ratio of 1.57 and a debt-to-equity ratio of 70.27.

Aviva Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Thursday, April 11th will be given a GBX 22.30 ($0.28) dividend. This represents a yield of 4.9%. This is an increase from Aviva’s previous dividend of $11.10. The ex-dividend date is Thursday, April 11th. Aviva’s dividend payout ratio is 8,918.92%.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada reissued an “outperform” rating on shares of Aviva in a research report on Thursday, February 22nd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 506 ($6.39).

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.