Sabre Insurance Group plc (LON:SBRE) Insider Geoffrey Richard Carter Buys 3,805 Shares

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 3,805 shares of the company’s stock in a transaction that occurred on Thursday, March 20th. The shares were acquired at an average price of GBX 131 ($1.70) per share, for a total transaction of £4,984.55 ($6,463.37).

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

• On Friday, January 10th, Geoffrey Richard Carter bought 112 shares of Sabre Insurance Group stock. The stock was purchased at an average price of GBX 133 ($1.72) per share, for a total transaction of £148.96 ($193.15).

Sabre Insurance Group Stock Performance

Shares of LON SBRE opened at GBX 130.40 ($1.69) on Friday. The stock has a market cap of £324.91 million, a PE ratio of 11.00, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22. Sabre Insurance Group plc has a fifty-two week low of GBX 123 ($1.59) and a fifty-two week high of GBX 183.60 ($2.38). The stock has a fifty day moving average of GBX 130.22 and a 200-day moving average of GBX 135.75.

Sabre Insurance Group (LON:SBRE) last announced its quarterly earnings results on Tuesday, March 18th. The company reported GBX 14.48 ($0.19) earnings per share for the quarter. Sabre Insurance Group had a return on equity of 12.19% and a net margin of 12.82%. On average, sell-side analysts predict that Sabre Insurance Group plc will post 19.083558 EPS for the current year.

Sabre Insurance Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, June 4th. Investors of record on Thursday, April 17th will be given a dividend of GBX 11.30 ($0.15) per share. This represents a yield of 8.59%. This is a boost from Sabre Insurance Group’s previous dividend of $1.70. The ex-dividend date of this dividend is Thursday, April 17th. Sabre Insurance Group’s payout ratio is presently 50.62%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank lowered their target price on Sabre Insurance Group from GBX 213 ($2.76) to GBX 210 ($2.72) and set a “buy” rating on the stock in a research note on Monday, March 10th.

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.