Sabre Insurance Group plc (LON:SBRE) Insider Geoffrey Richard Carter Buys 3,805 Shares

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 3,805 shares of Sabre Insurance Group stock in a transaction dated Thursday, March 20th. The shares were acquired at an average price of GBX 131 ($1.70) per share, with a total value of £4,984.55 ($6,463.37).

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 stock was purchased at an average cost of GBX 133 ($1.72) per share, for a total transaction of £148.96 ($193.15).

Sabre Insurance Group Trading Down 0.3 %

Sabre Insurance Group stock opened at GBX 130.40 ($1.69) on Friday. Sabre Insurance Group plc has a 12 month low of GBX 123 ($1.59) and a 12 month high of GBX 183.60 ($2.38). The company has a market capitalization of £324.91 million, a PE ratio of 11.00, a P/E/G ratio of 4.08 and a beta of 0.22. The stock has a 50-day moving average price of GBX 130.22 and a two-hundred day moving average price of GBX 135.75.

Sabre Insurance Group (LON:SBRE) 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, 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 business also recently announced a dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Thursday, April 17th will be issued 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 positive change from Sabre Insurance Group’s previous dividend of $1.70. Sabre Insurance Group’s dividend payout ratio (DPR) is currently 50.62%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reduced their target price on Sabre Insurance Group from GBX 213 ($2.76) to GBX 210 ($2.72) and set a “buy” rating on the stock in a 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.