Quilter plc (LON:QLT) Insider Mark Satchel Sells 98,892 Shares of Stock

Quilter plc (LON:QLT) insider Mark Satchel sold 98,892 shares of the firm’s stock in a transaction on Friday, March 28th. The stock was sold at an average price of GBX 157 ($2.03), for a total value of £155,260.44 ($200,724.55).

Quilter Stock Performance

Shares of QLT opened at GBX 146.30 ($1.89) on Wednesday. Quilter plc has a 52-week low of GBX 97.30 ($1.26) and a 52-week high of GBX 169.30 ($2.19). The stock’s 50-day simple moving average is GBX 156.16 and its 200 day simple moving average is GBX 148.58. The company has a debt-to-equity ratio of 18.69, a quick ratio of 0.05 and a current ratio of 1.18. The stock has a market capitalization of £1.95 billion, a price-to-earnings ratio of 39.34, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05.

Quilter (LON:QLT) last released its quarterly earnings data on Wednesday, March 5th. The company reported GBX (2.50) (($0.03)) EPS for the quarter. Quilter had a net margin of 0.78% and a return on equity of 3.33%. Research analysts forecast that Quilter plc will post 9.004676 EPS for the current fiscal year.

Quilter Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Investors of record on Thursday, April 10th will be given a GBX 4.20 ($0.05) dividend. This represents a dividend yield of 2.7%. The ex-dividend date is Thursday, April 10th. This is an increase from Quilter’s previous dividend of $1.70. Quilter’s dividend payout ratio (DPR) is 134.44%.

About Quilter

Quilter is a leading UK and cross-border full-service wealth management business, whose purpose is to help create prosperity for the generations of today and tomorrow. It has leading positions in one of the world’s largest wealth markets, and its multi-channel proposition and investment performance are delivering attractive growth.