Sabre Insurance Group plc (LON:SBRE) Insider Ian Chapple Acquires 15,611 Shares

Sabre Insurance Group plc (LON:SBREGet Free Report) insider Ian Chapple purchased 15,611 shares of the business’s stock in a transaction on Wednesday, March 26th. The shares were purchased at an average price of GBX 127 ($1.64) per share, with a total value of £19,825.97 ($25,661.36).

Sabre Insurance Group Trading Down 0.8 %

Shares of LON:SBRE opened at GBX 125.98 ($1.63) on Friday. Sabre Insurance Group plc has a 12 month low of GBX 123 ($1.59) and a 12 month high of GBX 180 ($2.33). The company has a market capitalization of £313.89 million, a price-to-earnings ratio of 10.63, a PEG ratio of 4.08 and a beta of 0.22. The firm’s 50-day moving average is GBX 129.54 and its 200 day moving average is GBX 134.67.

Sabre Insurance Group (LON:SBREGet Free Report) last released its earnings results on Tuesday, March 18th. The company reported GBX 14.48 ($0.19) EPS for the quarter. Sabre Insurance Group had a return on equity of 12.19% and a net margin of 12.82%. As a group, equities analysts forecast that Sabre Insurance Group plc will post 19.083558 EPS 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. Shareholders of record on Thursday, April 17th will be paid a GBX 11.30 ($0.15) dividend. This is a positive change from Sabre Insurance Group’s previous dividend of $1.70. The ex-dividend date is Thursday, April 17th. This represents a yield of 8.59%. Sabre Insurance Group’s dividend payout ratio (DPR) is presently 50.62%.

Analyst Ratings Changes

Separately, Berenberg Bank lowered their target price on Sabre Insurance Group from GBX 213 ($2.76) to GBX 210 ($2.72) and set a “buy” rating for the company in a research report on Monday, March 10th.

Check Out Our Latest Stock Analysis on Sabre Insurance Group

About Sabre Insurance Group

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Sabre Insurance Group (LON:SBRE)

Receive News & Ratings for Sabre Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sabre Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.