Sabre Insurance Group plc (LON:SBRE) Insider Buys £4,984.55 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter acquired 3,805 shares of Sabre Insurance Group stock in a transaction on Thursday, March 20th. The shares were bought at an average cost of GBX 131 ($1.69) per share, with a total value of £4,984.55 ($6,435.83).

Geoffrey Richard Carter also recently made the following trade(s):

• On Friday, January 10th, Geoffrey Richard Carter acquired 112 shares of Sabre Insurance Group stock. The shares were bought at an average cost of GBX 133 ($1.72) per share, with a total value of £148.96 ($192.33).

Sabre Insurance Group Stock Performance

Shares of Sabre Insurance Group stock opened at GBX 125.20 ($1.62) on Friday. The firm has a 50-day moving average of GBX 130.07 and a 200-day moving average of GBX 135.53. The stock has a market cap of £311.95 million, a PE ratio of 10.56, a PEG 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 182.60 ($2.36).

Sabre Insurance Group (LON:SBRE) last announced its earnings results on Tuesday, March 18th. The company reported GBX 14.48 ($0.19) earnings per share (EPS) for the quarter. Sabre Insurance Group had a net margin of 12.82% and a return on equity of 12.19%. Equities research analysts predict that Sabre Insurance Group plc will post 19.083558 earnings per share for the current fiscal year.

Sabre Insurance Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Thursday, April 17th will be given a GBX 11.30 ($0.15) dividend. This represents a dividend yield of 8.59%. The ex-dividend date of this dividend is Thursday, April 17th. This is a boost from Sabre Insurance Group’s previous dividend of $1.70. Sabre Insurance Group’s payout ratio is presently 50.62%.

Analysts Set New Price Targets

Separately, Berenberg Bank reduced their price objective on shares of Sabre Insurance Group from GBX 213 ($2.75) to GBX 210 ($2.71) and set a “buy” rating for the company 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.