Sabre Insurance Group plc (LON:SBRE) Insider Acquires £4,984.55 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 3,805 shares of the stock in a transaction on Thursday, March 20th. The stock was bought at an average price of GBX 131 ($1.70) per share, for a total transaction of £4,984.55 ($6,484.39).

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

• On Friday, January 10th, Geoffrey Richard Carter bought 112 shares of Sabre Insurance Group stock. The stock was purchased at an average price of GBX 133 ($1.73) per share, for a total transaction of £148.96 ($193.78).

Sabre Insurance Group Trading Down 0.3 %

Shares of SBRE traded down GBX 0.40 ($0.01) during mid-day trading on Thursday, hitting GBX 130.40 ($1.70). 825,945 shares of the company traded hands, compared to its average volume of 511,918. The stock has a market capitalization of £324.91 million, a price-to-earnings ratio of 11.00, a PEG ratio of 4.08 and a beta of 0.22. The business has a 50-day moving average of GBX 130.44 and a 200 day moving average of GBX 136.01. Sabre Insurance Group plc has a one year low of GBX 123 ($1.60) and a one year high of GBX 183.60 ($2.39).

Sabre Insurance Group (LON:SBRE) last released its earnings results on Tuesday, March 18th. The company reported GBX 14.48 ($0.19) EPS for the quarter. Sabre Insurance Group had a return on equity of 12.19% and a net margin of 12.82%. As a group, analysts anticipate that Sabre Insurance Group plc will post 19.083558 earnings per share for the current year.

Sabre Insurance Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Thursday, April 17th will be paid a GBX 11.30 ($0.15) dividend. The ex-dividend date of this dividend is Thursday, April 17th. This is a boost from Sabre Insurance Group’s previous dividend of $1.70. This represents a yield of 8.59%. Sabre Insurance Group’s dividend payout ratio (DPR) is presently 50.62%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank cut their price target on shares of Sabre Insurance Group from GBX 213 ($2.77) to GBX 210 ($2.73) and set a “buy” rating for the company in a report on Monday, March 10th.

About Sabre Insurance Group

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.