Ian Chapple Purchases 15,611 Shares of Sabre Insurance Group plc (LON:SBRE) Stock

Sabre Insurance Group plc (LON:SBRE) insider Ian Chapple acquired 15,611 shares of the business’s stock in a transaction on Wednesday, March 26th. The shares were purchased at an average price of GBX 127 ($1.64) per share, with a total value of £19,825.97 ($25,668.01).

Sabre Insurance Group Stock Down 0.6 %

Sabre Insurance Group stock opened at GBX 126.20 ($1.63) on Friday. The company has a fifty day simple moving average of GBX 129.70 and a 200-day simple moving average of GBX 134.80. The firm has a market capitalization of £314.44 million, a price-to-earnings ratio of 10.65, a PEG ratio of 4.08 and a beta of 0.22. Sabre Insurance Group plc has a 52-week low of GBX 123 ($1.59) and a 52-week high of GBX 180 ($2.33).

Sabre Insurance Group (LON:SBRE) last released its quarterly earnings data on Tuesday, March 18th. The company reported GBX 14.48 ($0.19) EPS 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 anticipate that Sabre Insurance Group plc will post 19.083558 EPS for the current fiscal year.

Sabre Insurance Group Increases Dividend

The business also recently disclosed 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 is an increase from Sabre Insurance Group’s previous dividend of $1.70. The ex-dividend date is Thursday, April 17th. This represents a yield of 8.59%. Sabre Insurance Group’s dividend payout ratio (DPR) is presently 50.62%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lowered their price target 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.

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.