Adam Winslow Purchases 94 Shares of Direct Line Insurance Group plc (LON:DLG) Stock

Direct Line Insurance Group plc (LON:DLG) insider Adam Winslow acquired 94 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were bought at an average cost of GBX 159 ($2.02) per share, with a total value of £149.46 ($189.48).

Adam Winslow also recently made the following trade(s):

• On Monday, October 28th, Adam Winslow bought 89 shares of Direct Line Insurance Group stock. The shares were bought at an average price of GBX 169 ($2.14) per share, with a total value of £150.41 ($190.68).
• On Friday, September 27th, Adam Winslow purchased 81 shares of Direct Line Insurance Group stock. The stock was bought at an average price of GBX 186 ($2.36) per share, for a total transaction of £150.66 ($191.00).

Direct Line Insurance Group Price Performance

DLG stock traded up GBX 65.70 ($0.83) during trading on Thursday, hitting GBX 224.40 ($2.84). 20,212,629 shares of the company’s stock traded hands, compared to its average volume of 5,032,565. The business has a fifty day simple moving average of GBX 171.38 and a 200 day simple moving average of GBX 185.63. Direct Line Insurance Group plc has a 52 week low of GBX 147.10 ($1.86) and a 52 week high of GBX 240.10 ($3.04). The company has a debt-to-equity ratio of 20.04, a quick ratio of 0.28 and a current ratio of 0.57. The stock has a market capitalization of £2.92 billion, a price-to-earnings ratio of 996.09, a P/E/G ratio of 2.42 and a beta of 0.42.

Direct Line Insurance Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 11th. Shareholders of record on Thursday, September 12th were paid a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend was Thursday, September 12th. This represents a yield of 1.04%. Direct Line Insurance Group’s payout ratio is currently 2,608.70%.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 240 ($3.04) target price on shares of Direct Line Insurance Group in a report on Thursday, September 5th.

Direct Line Insurance Group Company Profile

Direct Line Insurance Group plc engages in the provision of general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers motor, home, van, landlord, rescue, pet, tradesperson, business, creditor and select, and travel insurance products, as well as commercial insurance for small and medium-sized enterprises.