Peter Birch Sells 25,853 Shares of AJ Bell plc (LON:AJB) Stock

AJ Bell plc (LON:AJB) insider Peter Birch sold 25,853 shares of AJ Bell stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of GBX 459 ($5.74), for a total value of £118,665.27 ($148,313.05).

AJ Bell Stock Performance

AJ Bell stock opened at GBX 454 ($5.67) on Friday. The company has a quick ratio of 7.16, a current ratio of 3.75 and a debt-to-equity ratio of 6.44. The stock has a market cap of £1.87 billion, a PE ratio of 2,270.00, a P/E/G ratio of 5.73 and a beta of 0.99. AJ Bell plc has a 12-month low of GBX 280.60 ($3.51) and a 12-month high of GBX 529 ($6.61). The business’s 50-day moving average price is GBX 464.74 and its two-hundred day moving average price is GBX 436.18.

AJ Bell Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 9th will be issued a dividend of GBX 8.25 ($0.10) per share. The ex-dividend date of this dividend is Thursday, January 9th. This is a positive change from AJ Bell’s previous dividend of $4.25. This represents a dividend yield of 1.66%. AJ Bell’s payout ratio is 6,000.00%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AJB. Shore Capital restated a “hold” rating on shares of AJ Bell in a research report on Friday, December 6th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 565 ($7.06) target price on shares of AJ Bell in a report on Friday, December 6th.

About AJ Bell

AJ Bell plc, through its subsidiaries, operates investment platforms in the United Kingdom. The company offers AJ Bell Investcentre, which offers advisers and clients service, easy-to-use functionality, and a comprehensive investment range at competitive prices; and AJ Bell, an investment platform. It also provides Touch by AJ Bell, an investment platform which help advisers to streamline their businesses with investment solutions delivered and managed digitally on their clients' smartphones; and Dodl by AJ Bell, an investment app.