AJ Bell plc (LON:AJB) Insider Peter Birch Sells 25,853 Shares of Stock

AJ Bell plc (LON:AJB) insider Peter Birch sold 25,853 shares of the stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of GBX 459 ($5.77), for a total transaction of £118,665.27 ($149,189.43).

AJ Bell Trading Down 0.1 %

Shares of AJ Bell stock opened at GBX 461.26 ($5.80) on Thursday. The company has a 50 day simple moving average of GBX 464.53 and a two-hundred day simple moving average of GBX 436.05. The firm has a market cap of £1.90 billion, a PE ratio of 2,306.32, a PEG ratio of 5.73 and a beta of 0.99. AJ Bell plc has a 1 year low of GBX 280.60 ($3.53) and a 1 year high of GBX 529 ($6.65). The company has a debt-to-equity ratio of 6.44, a current ratio of 3.75 and a quick ratio of 7.16.

AJ Bell Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 9th will be given a GBX 8.25 ($0.10) dividend. The ex-dividend date is Thursday, January 9th. This is a positive change from AJ Bell’s previous dividend of $4.25. This represents a yield of 1.66%. AJ Bell’s payout ratio is 6,000.00%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on AJB. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 565 ($7.10) price objective on shares of AJ Bell in a research report on Friday, December 6th. Shore Capital restated a “hold” rating on shares of AJ Bell in a research note on Friday, December 6th.

AJ Bell Company Profile

AJ Bell plc, through its subsidiaries, operates investment platforms in the United Kingdom. The company offers AJ Bell Investcentre, which offers advisers and clients service, easy-to-use functionality, and a comprehensive investment range at competitive prices; and AJ Bell, an investment platform. It also provides Touch by AJ Bell, an investment platform which help advisers to streamline their businesses with investment solutions delivered and managed digitally on their clients' smartphones; and Dodl by AJ Bell, an investment app.