Aviva (LON:AV) Stock Price Down 0.1% – Should You Sell?

Shares of Aviva plc (LON:AV) were down 0.1% on Friday . The stock traded as low as GBX 473.60 ($6.15) and last traded at GBX 473.80 ($6.15). Approximately 3,057,116 shares changed hands during trading, The stock had previously closed at GBX 474.10 ($6.16).

Wall Street Analyst Weigh In

AV has been the topic of a number of research reports. The Goldman Sachs Group started coverage on shares of Aviva in a report on Wednesday, September 18th. They issued a “buy” rating on the stock. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 545 ($7.08) price objective on shares of Aviva in a research report on Friday, July 5th. Finally, Jefferies Financial Group lifted their target price on Aviva from GBX 525 ($6.82) to GBX 550 ($7.14) and gave the stock a “buy” rating in a report on Monday, September 9th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 524.80 ($6.81).

Aviva Stock Performance

The firm’s 50 day simple moving average is GBX 489.36 and its 200-day simple moving average is GBX 482.82. The company has a market capitalization of £12.31 billion, a price-to-earnings ratio of 1,005.65, a P/E/G ratio of 2.01 and a beta of 0.89. The company has a debt-to-equity ratio of 67.09, a quick ratio of 1.57 and a current ratio of 2.17.

Aviva Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 17th. Stockholders of record on Thursday, September 5th were issued a GBX 11.90 ($0.15) dividend. The ex-dividend date was Thursday, September 5th. This represents a dividend yield of 2.44%. Aviva’s dividend payout ratio is 7,391.30%.

Insider Buying and Selling

In related news, insider Pippa Lambert purchased 987 shares of the company’s stock in a transaction dated Monday, September 30th. The shares were acquired at an average cost of GBX 489 ($6.35) per share, with a total value of £4,826.43 ($6,266.46). In other news, insider Pippa Lambert purchased 987 shares of Aviva stock in a transaction dated Monday, September 30th. The stock was acquired at an average cost of GBX 489 ($6.35) per share, for a total transaction of £4,826.43 ($6,266.46). Also, insider Amanda Blanc purchased 6,250 shares of the stock in a transaction that occurred on Wednesday, September 4th. The stock was purchased at an average cost of GBX 499 ($6.48) per share, with a total value of £31,187.50 ($40,492.73). 0.17% of the stock is currently owned by corporate insiders.

Aviva Company Profile

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.