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 dated Tuesday, December 17th. The stock was sold at an average price of GBX 459 ($5.84), for a total value of £118,665.27 ($150,858.47).

AJ Bell Trading Down 0.1 %

LON:AJB traded down GBX 0.24 ($0.00) during trading hours on Wednesday, hitting GBX 461.26 ($5.86). The company had a trading volume of 773,060 shares, compared to its average volume of 833,090. AJ Bell plc has a 1 year low of GBX 280.60 ($3.57) and a 1 year high of GBX 529 ($6.73). The company has a market cap of £1.90 billion, a P/E ratio of 2,302.50, a P/E/G ratio of 5.73 and a beta of 0.99. The company has a 50-day moving average of GBX 463.92 and a 200 day moving average of GBX 435.34. The company has a current ratio of 3.75, a quick ratio of 7.16 and a debt-to-equity ratio of 6.44.

AJ Bell Increases Dividend

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

Wall Street Analysts Forecast Growth

AJB has been the topic of a number of research analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 565 ($7.18) price target on shares of AJ Bell in a research note on Friday, December 6th. Shore Capital reaffirmed a “hold” rating on shares of AJ Bell in a research note on Friday, December 6th.

AJ Bell Company Profile

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.