Geoffrey Richard Carter Buys 3,805 Shares of Sabre Insurance Group plc (LON:SBRE) Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 3,805 shares of the business’s stock in a transaction dated Thursday, March 20th. The shares were purchased at an average price of GBX 131 ($1.69) per share, for a total transaction of £4,984.55 ($6,435.83).

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

• On Friday, January 10th, Geoffrey Richard Carter purchased 112 shares of Sabre Insurance Group stock. The shares were purchased at an average price of GBX 133 ($1.72) per share, for a total transaction of £148.96 ($192.33).

Sabre Insurance Group Price Performance

SBRE stock opened at GBX 125.20 ($1.62) on Friday. Sabre Insurance Group plc has a 52-week low of GBX 123 ($1.59) and a 52-week high of GBX 182.60 ($2.36). The company’s 50 day simple moving average is GBX 130.07 and its 200-day simple moving average is GBX 135.53. The firm has a market capitalization of £311.95 million, a P/E ratio of 10.56, a P/E/G ratio of 4.08 and a beta of 0.22.

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

Sabre Insurance Group Increases Dividend

The business 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. This represents a yield of 8.59%. The ex-dividend date is Thursday, April 17th. This is a positive change from Sabre Insurance Group’s previous dividend of $1.70. Sabre Insurance Group’s dividend payout ratio is currently 50.62%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut their price target on shares of Sabre Insurance Group from GBX 213 ($2.75) to GBX 210 ($2.71) and set a “buy” rating on the stock 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.