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

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter acquired 3,805 shares of the company’s stock in a transaction on Thursday, March 20th. The stock was bought at an average price of GBX 131 ($1.69) per share, for a total transaction of £4,984.55 ($6,435.83).

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 acquired at an average cost of GBX 133 ($1.72) per share, with a total value of £148.96 ($192.33).

Sabre Insurance Group Stock Down 4.0 %

SBRE stock opened at GBX 125.20 ($1.62) on Friday. The company has a market capitalization of £311.95 million, a price-to-earnings ratio of 10.56, a P/E/G ratio of 4.08 and a beta of 0.22. Sabre Insurance Group plc has a 12 month low of GBX 123 ($1.59) and a 12 month high of GBX 182.60 ($2.36). The firm has a 50 day moving average of GBX 130.07 and a two-hundred day moving average of GBX 135.53.

Sabre Insurance Group (LON:SBRE) last posted 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%. On average, research analysts expect that Sabre Insurance Group plc will post 19.083558 EPS for the current fiscal year.

Sabre Insurance Group Increases Dividend

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

Analyst Upgrades and Downgrades

Separately, Berenberg Bank decreased their target price on shares of Sabre Insurance Group from GBX 213 ($2.75) to GBX 210 ($2.71) and set a “buy” rating for the company in a research report 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.