Quilter (LON:QLT) Hits New 1-Year High at $110.20

Quilter plc (LON:QLT)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 110.20 ($1.38) and last traded at GBX 106.75 ($1.34), with a volume of 270291 shares changing hands. The stock had previously closed at GBX 107.60 ($1.35).

Analyst Ratings Changes

Separately, Berenberg Bank restated a “hold” rating and issued a GBX 105 ($1.32) price target on shares of Quilter in a report on Thursday, April 25th.

Quilter Stock Performance

The company has a debt-to-equity ratio of 18.37, a quick ratio of 0.05 and a current ratio of 1.21. The stock has a market cap of £1.53 billion, a P/E ratio of 3,660.00, a price-to-earnings-growth ratio of 4.18 and a beta of 1.08. The firm’s 50 day moving average is GBX 102.91 and its 200 day moving average is GBX 98.35.

Quilter Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Investors of record on Thursday, April 18th will be paid a dividend of GBX 3.70 ($0.05) per share. This represents a dividend yield of 3.64%. The ex-dividend date is Thursday, April 18th. This is a positive change from Quilter’s previous dividend of $1.50. Quilter’s payout ratio is 16,666.67%.

Insider Buying and Selling

In related news, insider Mark Satchel sold 41,557 shares of the business’s stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of GBX 103 ($1.29), for a total transaction of £42,803.71 ($53,766.75). 5.28% of the stock is currently owned by company insiders.

Quilter Company Profile

Quilter plc provides advice-led investment solutions in the United Kingdom and internationally. It operates through High Net Worth and Affluent segments. The High Net Worth segment provides discretionary investment management services to high-net worth clients, charities, companies, and institutions through a network of branches; and financial advice services for protection, mortgages, savings, investment, and pensions primarily to high-net-worth clients.