Sabre Insurance Group plc (LON:SBRE) Insider Geoffrey Richard Carter Purchases 149 Shares

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 149 shares of the firm’s stock in a transaction dated Monday, May 12th. The shares were acquired at an average cost of GBX 135 ($1.80) per share, with a total value of £201.15 ($267.70).

Geoffrey Richard Carter also recently made the following trade(s):

• On Thursday, March 20th, Geoffrey Richard Carter acquired 3,805 shares of Sabre Insurance Group stock. The stock was purchased at an average cost of GBX 131 ($1.74) per share, with a total value of £4,984.55 ($6,633.68).

Sabre Insurance Group Stock Performance

Shares of SBRE stock opened at GBX 136.20 ($1.81) on Friday. Sabre Insurance Group plc has a 52-week low of GBX 118.60 ($1.58) and a 52-week high of GBX 173.60 ($2.31). The company has a 50-day simple moving average of GBX 128.58 and a two-hundred day simple moving average of GBX 131.59. The company has a market capitalization of £339.36 million, a price-to-earnings ratio of 11.49, a PEG ratio of 4.08 and a beta of 0.22.

Sabre Insurance Group (LON:SBRE) last issued its quarterly earnings data on Tuesday, March 18th. The company reported GBX 14.48 ($0.19) earnings per share (EPS) for the quarter. Sabre Insurance Group had a net margin of 12.82% and a return on equity of 12.19%. On average, sell-side analysts forecast that Sabre Insurance Group plc will post 19.083558 EPS 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 given a dividend of GBX 11.30 ($0.15) per share. This is an increase from Sabre Insurance Group’s previous dividend of $1.70. This represents a dividend yield of 8.59%. The ex-dividend date of this dividend is Thursday, April 17th. Sabre Insurance Group’s dividend payout ratio is currently 50.62%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reduced their price objective on shares of Sabre Insurance Group from GBX 213 ($2.83) to GBX 210 ($2.79) and set a “buy” rating for the company in a research 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.