B.P. Marsh & Partners (LON:BPM) Insider Purchases 2,890 Shares

B.P. Marsh & Partners PLC (LON:BPM) insider Daniel Topping acquired 2,890 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was purchased at an average cost of GBX 692 per share, for a total transaction of £19,998.80.

B.P. Marsh & Partners Trading Down 1.3%

Shares of LON:BPM opened at GBX 680 on Wednesday. B.P. Marsh & Partners PLC has a 52-week low of GBX 613 and a 52-week high of GBX 719.92. The stock has a market cap of £239.63 million, a price-to-earnings ratio of 5.40 and a beta of 0.22. The company has a quick ratio of 21.03, a current ratio of 486.99 and a debt-to-equity ratio of 0.06. The business has a 50-day moving average price of GBX 685.74 and a 200-day moving average price of GBX 674.90.

B.P. Marsh & Partners (LON:BPM) last issued its earnings results on Wednesday, May 27th. The insurance provider reported GBX 132.60 EPS for the quarter. B.P. Marsh & Partners had a return on equity of 13.59% and a net margin of 160.46%.The firm had revenue of GBX 1,040 million for the quarter. Equities analysts predict that B.P. Marsh & Partners PLC will post 61.4500021 EPS for the current year.

B.P. Marsh & Partners announced that its board has approved a stock repurchase plan on Thursday, March 26th that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the insurance provider to purchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

B.P. Marsh & Partners Company Profile

B.P. Marsh & Partners PLC is a specialist venture capital / private equity investor in early stage financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers and specialist advisory and consultancy firms. It considers investment opportunities based in the United Kingdom, Europe, North America and Internationally.

The Group invests amounts of up to £5m in the first round. Investment structure is flexible and investment stage ranges from start up to more developed.