Insider Buying: Sabre Insurance Group plc (LON:SBRE) Insider Buys 149 Shares of Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 149 shares of the firm’s stock in a transaction dated Monday, May 12th. The stock was bought at an average cost of GBX 135 ($1.80) per share, for a total transaction of £201.15 ($267.70).

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

• On Thursday, March 20th, Geoffrey Richard Carter purchased 3,805 shares of Sabre Insurance Group stock. The stock was bought at an average cost of GBX 131 ($1.74) per share, for a total transaction of £4,984.55 ($6,633.68).

Sabre Insurance Group Stock Performance

SBRE stock opened at GBX 134.80 ($1.79) on Wednesday. Sabre Insurance Group plc has a 52 week low of GBX 118.60 ($1.58) and a 52 week high of GBX 173.60 ($2.31). The firm’s fifty day moving average is GBX 128.20 and its 200 day moving average is GBX 131.53. The firm has a market cap of £335.87 million, a P/E ratio of 11.37, a P/E/G ratio of 4.08 and a beta of 0.22.

Sabre Insurance Group (LON:SBRE) last released its earnings results 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%. As a group, analysts forecast that Sabre Insurance Group plc will post 19.083558 EPS for the current year.

Sabre Insurance Group Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Thursday, April 17th will be given a dividend of GBX 11.30 ($0.15) per share. The ex-dividend date of this dividend is 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 dividend payout ratio is presently 50.62%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank decreased their price target on shares of Sabre Insurance Group from GBX 213 ($2.83) to GBX 210 ($2.79) and set a “buy” rating on the stock in a report 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.