Bryan Joseph Purchases 3,000 Shares of Sabre Insurance Group plc (LON:SBRE) Stock

Sabre Insurance Group plc (LON:SBRE) insider Bryan Joseph bought 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 20th. The stock was purchased at an average cost of GBX 178 ($2.27) per share, with a total value of £5,340 ($6,798.22).

Sabre Insurance Group Price Performance

Shares of SBRE stock opened at GBX 179.40 ($2.28) on Friday. The stock has a market cap of £448.50 million, a P/E ratio of 5,980.00, a price-to-earnings-growth ratio of 4.08 and a beta of 0.19. The stock has a fifty day moving average price of GBX 158.11 and a 200 day moving average price of GBX 152.35. Sabre Insurance Group plc has a one year low of GBX 104.41 ($1.33) and a one year high of GBX 183.60 ($2.34). The company has a debt-to-equity ratio of 0.03, a current ratio of 0.53 and a quick ratio of 0.21.

Sabre Insurance Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, June 5th. Investors of record on Thursday, April 25th will be issued a GBX 8.10 ($0.10) dividend. This represents a dividend yield of 5.09%. This is a boost from Sabre Insurance Group’s previous dividend of $0.90. The ex-dividend date of this dividend is Thursday, April 25th. Sabre Insurance Group’s payout ratio is currently 13,333.33%.

Analyst Ratings Changes

Several research firms recently weighed in on SBRE. Royal Bank of Canada raised their price objective on Sabre Insurance Group from GBX 200 ($2.55) to GBX 220 ($2.80) and gave the company an “outperform” rating in a research note on Wednesday. Berenberg Bank upped their price target on shares of Sabre Insurance Group from GBX 170 ($2.16) to GBX 200 ($2.55) and gave the company a “buy” rating in a report on Monday, February 19th.

Sabre Insurance Group Company Profile

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles and motorcycles in the United Kingdom. It offers its products through a network of insurance brokers, as well as through its own direct brands, including Go Girl, Insure 2 Drive, and Drive Smart.