Sabre Insurance Group PLC (LON:SBRE) Insider Acquires £151.05 in Stock

Sabre Insurance Group PLC (LON:SBRE) insider Geoffrey Richard Carter bought 57 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The shares were purchased at an average price of GBX 265 ($3.46) per share, for a total transaction of £151.05 ($197.37).

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

  • On Wednesday, July 10th, Geoffrey Richard Carter purchased 52 shares of Sabre Insurance Group stock. The stock was bought at an average price of GBX 285 ($3.72) per share, for a total transaction of £148.20 ($193.65).

Shares of SBRE opened at GBX 264.50 ($3.46) on Friday. The firm has a market cap of $661.25 million and a PE ratio of 13.70. The company’s fifty day moving average is GBX 275.71 and its two-hundred day moving average is GBX 275.65. Sabre Insurance Group PLC has a fifty-two week low of GBX 240 ($3.14) and a fifty-two week high of GBX 301 ($3.93). The company has a quick ratio of 1.03, a current ratio of 1.25 and a debt-to-equity ratio of 0.12.



The business also recently declared a dividend, which will be paid on Thursday, September 19th. Shareholders of record on Thursday, August 22nd will be issued a GBX 4.70 ($0.06) dividend. The ex-dividend date is Thursday, August 22nd. This represents a dividend yield of 1.74%. Sabre Insurance Group’s dividend payout ratio (DPR) is presently 0.47%.

A number of equities analysts have weighed in on SBRE shares. Numis Securities reiterated a “hold” rating on shares of Sabre Insurance Group in a report on Thursday, May 23rd. Barclays decreased their price target on shares of Sabre Insurance Group from GBX 296 ($3.87) to GBX 273 ($3.57) and set an “equal weight” rating on the stock in a report on Friday, May 24th. Peel Hunt reiterated a “buy” rating and issued a GBX 300 ($3.92) price target (down previously from GBX 310 ($4.05)) on shares of Sabre Insurance Group in a report on Monday, July 29th. Finally, Berenberg Bank decreased their price target on shares of Sabre Insurance Group from GBX 295 ($3.85) to GBX 290 ($3.79) and set a “buy” rating on the stock in a report on Tuesday, July 30th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 293.25 ($3.83).

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. The company offers its products through a network of insurance brokers, as well as through its own direct brands, including the Go Girl, Insure 2 Drive, and Drive Smart.

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