AJ Bell plc (LON:AJB) Insider Purchases £151.71 in Stock

AJ Bell plc (LON:AJB) insider Roger Stott purchased 39 shares of the company’s stock in a transaction dated Thursday, July 11th. The stock was bought at an average price of GBX 389 ($4.98) per share, with a total value of £151.71 ($194.33).

Roger Stott also recently made the following trade(s):

• On Tuesday, June 11th, Roger Stott acquired 39 shares of AJ Bell stock. The stock was bought at an average price of GBX 378 ($4.84) per share, for a total transaction of £147.42 ($188.83).
• On Monday, May 13th, Roger Stott purchased 42 shares of AJ Bell stock. The shares were bought at an average price of GBX 356 ($4.56) per share, with a total value of £149.52 ($191.52).

AJ Bell Stock Up 0.1 %

AJB traded up GBX 0.50 ($0.01) during trading hours on Friday, hitting GBX 394.50 ($5.05). 254,559 shares of the company’s stock were exchanged, compared to its average volume of 627,088. The firm has a market cap of £1.63 billion, a P/E ratio of 1,972.50, a price-to-earnings-growth ratio of 5.73 and a beta of 0.88. AJ Bell plc has a 12-month low of GBX 241.60 ($3.09) and a 12-month high of GBX 415.50 ($5.32). The company has a current ratio of 3.75, a quick ratio of 7.16 and a debt-to-equity ratio of 6.44. The firm has a 50 day moving average of GBX 375.94 and a 200 day moving average of GBX 331.19.

AJ Bell Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 6th were given a dividend of GBX 4.25 ($0.05) per share. This represents a dividend yield of 1.17%. The ex-dividend date was Thursday, June 6th. AJ Bell’s dividend payout ratio is currently 6,000.00%.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Berenberg Bank reiterated a “hold” rating and issued a GBX 370 ($4.74) target price on shares of AJ Bell in a report on Friday, April 19th. Jefferies Financial Group cut AJ Bell to a “hold” rating and set a GBX 361 ($4.62) price objective for the company. in a research note on Friday, May 3rd. Finally, Shore Capital reiterated a “buy” rating on shares of AJ Bell in a report on Thursday, May 23rd.

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.