Direct Line Insurance Group plc (LON:DLG) Insider Acquires £150.41 in Stock

Direct Line Insurance Group plc (LON:DLG) insider Adam Winslow purchased 89 shares of the stock in a transaction on Monday, October 28th. The shares were purchased at an average price of GBX 169 ($2.19) per share, with a total value of £150.41 ($195.06).

Adam Winslow also recently made the following trade(s):

• On Friday, September 27th, Adam Winslow purchased 81 shares of Direct Line Insurance Group stock. The shares were purchased at an average price of GBX 186 ($2.41) per share, with a total value of £150.66 ($195.38).

Direct Line Insurance Group Trading Up 0.4 %

Shares of Direct Line Insurance Group stock opened at GBX 166.80 ($2.16) on Thursday. The company has a fifty day simple moving average of GBX 181.34 and a 200-day simple moving average of GBX 189.41. Direct Line Insurance Group plc has a 12-month low of GBX 149.50 ($1.94) and a 12-month high of GBX 240.10 ($3.11). The company has a current ratio of 0.57, a quick ratio of 0.28 and a debt-to-equity ratio of 20.04. The stock has a market cap of £2.17 billion, a price-to-earnings ratio of 725.22, a PEG ratio of 2.42 and a beta of 0.42.

Direct Line Insurance Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, October 11th. Stockholders of record on Thursday, September 12th were issued a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.04%. The ex-dividend date of this dividend was Thursday, September 12th. Direct Line Insurance Group’s payout ratio is 2,608.70%.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 240 ($3.11) price target on shares of Direct Line Insurance Group in a report on Thursday, September 5th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Direct Line Insurance Group presently has an average rating of “Hold” and an average target price of GBX 217.25 ($2.82).

Direct Line Insurance Group Company Profile

Direct Line Insurance Group plc engages in the provision of general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers motor, home, van, landlord, rescue, pet, tradesperson, business, creditor and select, and travel insurance products, as well as commercial insurance for small and medium-sized enterprises.