Alex Maloney Sells 171,526 Shares of Lancashire Holdings Limited (LON:LRE) Stock

Lancashire Holdings Limited (LON:LRE) insider Alex Maloney sold 171,526 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of GBX 550 ($7.12), for a total transaction of £943,393 ($1,221,378.82).

Lancashire Stock Performance

LRE stock opened at GBX 572 ($7.41) on Wednesday. The stock has a market capitalization of £1.72 billion, a PE ratio of 10.90, a price-to-earnings-growth ratio of 0.21 and a beta of 0.62. The company has a debt-to-equity ratio of 31.26, a current ratio of 33.62 and a quick ratio of 1.18. The company has a 50 day moving average price of GBX 611.86 and a 200 day moving average price of GBX 640.43. Lancashire Holdings Limited has a fifty-two week low of GBX 547 ($7.08) and a fifty-two week high of GBX 721 ($9.33).

Lancashire Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Thursday, March 20th were given a dividend of GBX 5 ($0.06) per share. The ex-dividend date was Thursday, March 20th. This represents a dividend yield of 1.05%. This is an increase from Lancashire’s previous dividend of $0.15. Lancashire’s payout ratio is presently 34.29%.

Lancashire Company Profile

Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, Australia, and the United States. The company operates through two segments, Reinsurance and Insurance. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products.