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

Sabre Insurance Group plc (LON:SBRE) insider Ian Chapple purchased 15,611 shares of the firm’s stock in a transaction on Wednesday, March 26th. The stock was bought at an average price of GBX 127 ($1.64) per share, for a total transaction of £19,825.97 ($25,661.36).

Sabre Insurance Group Stock Down 0.8 %

Shares of LON:SBRE opened at GBX 125.98 ($1.63) on Friday. The company has a market capitalization of £313.89 million, a price-to-earnings ratio of 10.63, a price-to-earnings-growth 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). The firm has a 50 day moving average of GBX 129.54 and a 200 day moving average of GBX 134.67.

Sabre Insurance Group (LON:SBRE) last issued its quarterly earnings results on Tuesday, March 18th. The company reported GBX 14.48 ($0.19) earnings per share for the quarter. Sabre Insurance Group had a return on equity of 12.19% and a net margin of 12.82%. On average, sell-side analysts expect that Sabre Insurance Group plc will post 19.083558 EPS for the current year.

Sabre Insurance Group Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Thursday, April 17th will be paid a dividend of GBX 11.30 ($0.15) per share. This is a positive change 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 is presently 50.62%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank decreased their price objective 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 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.