Lancashire Holdings Limited (LON:LRE) Insider Sells £943,393 in Stock

Lancashire Holdings Limited (LON:LRE) insider Alex Maloney sold 171,526 shares of the firm’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of GBX 550 ($7.12), for a total transaction of £943,393 ($1,221,378.82).

Lancashire Stock Performance

LRE stock opened at GBX 572 ($7.41) on Wednesday. The company has a quick ratio of 1.18, a current ratio of 33.62 and a debt-to-equity ratio of 31.26. Lancashire Holdings Limited has a twelve month low of GBX 547 ($7.08) and a twelve month high of GBX 721 ($9.33). The business’s fifty day moving average is GBX 611.86 and its 200-day moving average is GBX 640.43. The company has a market cap of £1.72 billion, a P/E ratio of 10.90, a price-to-earnings-growth ratio of 0.21 and a beta of 0.62.

Lancashire Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Thursday, March 20th were paid a GBX 5 ($0.06) dividend. This is a positive change from Lancashire’s previous dividend of $0.15. The ex-dividend date of this dividend was Thursday, March 20th. This represents a yield of 1.05%. Lancashire’s dividend payout ratio is presently 34.29%.

About Lancashire

Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, Australia, and the United States. The company operates through two segments, Reinsurance and Insurance. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products.