AJ Bell plc (LON:AJB) Insider Peter Birch Acquires 557 Shares

AJ Bell plc (LON:AJB) insider Peter Birch bought 557 shares of the company’s stock in a transaction dated Wednesday, March 5th. The stock was purchased at an average price of GBX 413 ($5.32) per share, for a total transaction of £2,300.41 ($2,964.45).

Peter Birch also recently made the following trade(s):

• On Tuesday, December 17th, Peter Birch sold 25,853 shares of AJ Bell stock. The stock was sold at an average price of GBX 459 ($5.91), for a total transaction of £118,665.27 ($152,919.16).

AJ Bell Trading Down 0.2 %

Shares of AJB stock opened at GBX 416 ($5.36) on Friday. The stock has a market capitalization of £1.72 billion, a P/E ratio of 21.28, a P/E/G ratio of 5.73 and a beta of 0.99. The company has a current ratio of 3.63, a quick ratio of 7.16 and a debt-to-equity ratio of 6.46. The firm’s 50 day moving average is GBX 437.03 and its 200 day moving average is GBX 448.66. AJ Bell plc has a 12-month low of GBX 281 ($3.62) and a 12-month high of GBX 529 ($6.82).

AJ Bell (LON:AJB) last issued its quarterly earnings data on Thursday, December 5th. The company reported GBX 20.46 ($0.26) EPS for the quarter. AJ Bell had a return on equity of 42.30% and a net margin of 33.14%. Research analysts expect that AJ Bell plc will post 23.8118812 earnings per share for the current year.

AJ Bell Increases Dividend

The company also recently declared a dividend, which was paid on Friday, February 7th. Shareholders of record on Thursday, January 9th were paid a dividend of GBX 8.25 ($0.11) per share. This is an increase from AJ Bell’s previous dividend of $4.25. This represents a dividend yield of 1.66%. The ex-dividend date of this dividend was Thursday, January 9th. AJ Bell’s payout ratio is currently 61.37%.

Analyst Ratings Changes

Several analysts have commented on AJB shares. Shore Capital reiterated a “hold” rating on shares of AJ Bell in a research note on Friday, December 6th. Citigroup cut AJ Bell to a “sell” rating and dropped their price objective for the company from GBX 450 ($5.80) to GBX 390 ($5.03) in a research report on Tuesday, January 7th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 565 ($7.28) price objective on shares of AJ Bell in a report on Friday, December 6th.

About AJ Bell

Established in 1995, AJ Bell is one of the largest investment platforms in the UK, operating at scale in both the advised and direct-to-consumer markets.

Our purpose is to help people invest by providing them with easy access to Pensions, ISAs and General investment accounts, great customer service and competitive charges.

Our two core platform propositions are AJ Bell in the D2C market and AJ Bell Investcentre in the advised market, which both provide access to a broad investment range including shares and other instruments traded on the major stock exchanges around the world, as well as all mainstream collective investments available in the UK and our own range of AJ Bell funds.