AJ Bell plc (LON:AJB) Insider Sells £118,665.27 in Stock

AJ Bell plc (LON:AJB) insider Peter Birch sold 25,853 shares of AJ Bell stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of GBX 459 ($5.74), for a total value of £118,665.27 ($148,313.05).

AJ Bell Trading Down 0.8 %

LON AJB opened at GBX 454 ($5.67) on Friday. The business’s 50-day moving average price is GBX 464.74 and its two-hundred day moving average price is GBX 436.18. AJ Bell plc has a 12 month low of GBX 280.60 ($3.51) and a 12 month high of GBX 529 ($6.61). The firm has a market capitalization of £1.87 billion, a PE ratio of 2,270.00, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99. The company has a current ratio of 3.75, a quick ratio of 7.16 and a debt-to-equity ratio of 6.44.

AJ Bell Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 9th will be given a GBX 8.25 ($0.10) dividend. The ex-dividend date is Thursday, January 9th. This represents a dividend yield of 1.66%. This is an increase from AJ Bell’s previous dividend of $4.25. AJ Bell’s payout ratio is 6,000.00%.

Wall Street Analysts Forecast Growth

AJB has been the subject of a number of research reports. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 565 ($7.06) price objective on shares of AJ Bell in a report on Friday, December 6th. Shore Capital restated a “hold” rating on shares of AJ Bell in a research report on Friday, December 6th.

AJ Bell Company Profile

AJ Bell plc, through its subsidiaries, operates investment platforms in the United Kingdom. The company offers AJ Bell Investcentre, which offers advisers and clients service, easy-to-use functionality, and a comprehensive investment range at competitive prices; and AJ Bell, an investment platform. It also provides Touch by AJ Bell, an investment platform which help advisers to streamline their businesses with investment solutions delivered and managed digitally on their clients' smartphones; and Dodl by AJ Bell, an investment app.