Lancashire Holdings Limited (LON:LRE) Insider Sells £943,393 in Stock

Lancashire Holdings Limited (LON:LRE) insider Alex Maloney sold 171,526 shares of the company’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of GBX 550 ($7.10), for a total transaction of £943,393 ($1,218,224.43).

Lancashire Trading Up 1.4 %

Shares of LON:LRE traded up GBX 8 ($0.10) during trading hours on Monday, hitting GBX 567 ($7.32). 281,461 shares of the company’s stock traded hands, compared to its average volume of 1,859,319. The firm has a market capitalization of £1.71 billion, a P/E ratio of 10.80, a price-to-earnings-growth ratio of 0.21 and a beta of 0.62. The business has a fifty day moving average price of GBX 613.94 and a 200-day moving average price of GBX 641.86. Lancashire Holdings Limited has a 1 year low of GBX 547 ($7.06) and a 1 year high of GBX 721 ($9.31). The company has a debt-to-equity ratio of 31.26, a current ratio of 33.62 and a quick ratio of 1.18.

Lancashire Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, March 25th. Investors of record on Thursday, March 20th will be issued a GBX 5 ($0.06) dividend. This is a positive change from Lancashire’s previous dividend of $0.15. The ex-dividend date of this dividend is Thursday, March 20th. This represents a dividend yield of 1.05%. Lancashire’s payout ratio is presently 34.29%.

About Lancashire

Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, Australia, and the United States. The company operates through two segments, Reinsurance and Insurance. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products.