Aviva plc (LON:AV) Insider Purchases £31,187.50 in Stock

Aviva plc (LON:AV) insider Amanda Blanc bought 6,250 shares of Aviva stock in a transaction dated Wednesday, September 4th. The shares were bought at an average cost of GBX 499 ($6.56) per share, for a total transaction of £31,187.50 ($41,009.20).

Amanda Blanc also recently made the following trade(s):

• On Tuesday, August 27th, Amanda Blanc bought 15,000 shares of Aviva stock. The stock was purchased at an average price of GBX 495 ($6.51) per share, with a total value of £74,250 ($97,633.14).

Aviva Stock Down 0.5 %

LON:AV opened at GBX 488.40 ($6.42) on Friday. The company’s 50-day simple moving average is GBX 488.31 and its 200-day simple moving average is GBX 479.67. The company has a debt-to-equity ratio of 67.09, a quick ratio of 1.57 and a current ratio of 2.17. Aviva plc has a fifty-two week low of GBX 366 ($4.81) and a fifty-two week high of GBX 510.20 ($6.71). The stock has a market capitalization of £12.99 billion, a P/E ratio of 1,066.96, a P/E/G ratio of 2.17 and a beta of 0.93.

Aviva Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, October 17th. Shareholders of record on Thursday, September 5th will be paid a GBX 11.90 ($0.16) dividend. The ex-dividend date of this dividend is Thursday, September 5th. This represents a yield of 2.44%. Aviva’s dividend payout ratio (DPR) is 7,391.30%.

Wall Street Analyst Weigh In

AV has been the subject of a number of research reports. Berenberg Bank upped their price objective on shares of Aviva from GBX 550 ($7.23) to GBX 572 ($7.52) and gave the stock a “buy” rating in a research note on Friday, May 10th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 545 ($7.17) price target on shares of Aviva in a research report on Friday, July 5th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of GBX 518.50 ($6.82).

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.