Aviva plc (LON:AV) Insider Buys £31,187.50 in Stock

Aviva plc (LON:AV) insider Amanda Blanc acquired 6,250 shares of the company’s stock in a transaction dated Wednesday, September 4th. The shares were bought at an average cost of GBX 499 ($6.56) per share, for a total transaction of £31,187.50 ($41,009.20).

Amanda Blanc also recently made the following trade(s):

• On Tuesday, August 27th, Amanda Blanc purchased 15,000 shares of Aviva stock. The shares were purchased at an average cost of GBX 495 ($6.51) per share, with a total value of £74,250 ($97,633.14).

Aviva Stock Performance

AV opened at GBX 488.40 ($6.42) on Friday. The stock has a market cap of £12.99 billion, a P/E ratio of 1,066.96, a P/E/G ratio of 2.17 and a beta of 0.93. The company has a debt-to-equity ratio of 67.09, a current ratio of 2.17 and a quick ratio of 1.57. The firm has a fifty day moving average price of GBX 488.31 and a 200 day moving average price of GBX 479.67. Aviva plc has a 1 year low of GBX 366 ($4.81) and a 1 year high of GBX 510.20 ($6.71).

Aviva Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, October 17th. Shareholders of record on Thursday, September 5th will be issued a GBX 11.90 ($0.16) dividend. This represents a yield of 2.44%. The ex-dividend date is Thursday, September 5th. Aviva’s payout ratio is currently 7,391.30%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on AV shares. Berenberg Bank lifted their target price on Aviva from GBX 550 ($7.23) to GBX 572 ($7.52) and gave the stock a “buy” rating in a report on Friday, May 10th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 545 ($7.17) price objective on shares of Aviva in a report on Friday, July 5th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of GBX 518.50 ($6.82).

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.