Insider Buying: Sabre Insurance Group plc (LON:SBRE) Insider Buys £19,825.97 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Ian Chapple acquired 15,611 shares of the stock in a transaction dated Wednesday, March 26th. The shares were bought at an average cost of GBX 127 ($1.64) per share, for a total transaction of £19,825.97 ($25,661.36).

Sabre Insurance Group Stock Down 0.8 %

LON:SBRE opened at GBX 125.98 ($1.63) on Friday. The business’s 50-day simple moving average is GBX 129.54 and its two-hundred day simple moving average is GBX 134.67. Sabre Insurance Group plc has a 52 week low of GBX 123 ($1.59) and a 52 week high of GBX 180 ($2.33). The stock has a market cap of £313.89 million, a PE ratio of 10.63, a P/E/G ratio of 4.08 and a beta of 0.22.

Sabre Insurance Group (LON:SBRE) last released its earnings results on Tuesday, March 18th. The company reported GBX 14.48 ($0.19) earnings per share (EPS) for the quarter. Sabre Insurance Group had a return on equity of 12.19% and a net margin of 12.82%. Sell-side analysts anticipate that Sabre Insurance Group plc will post 19.083558 earnings per share for the current fiscal year.

Sabre Insurance Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Thursday, April 17th will be given a dividend of GBX 11.30 ($0.15) per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a dividend yield of 8.59%. This is a boost from Sabre Insurance Group’s previous dividend of $1.70. Sabre Insurance Group’s dividend payout ratio (DPR) is presently 50.62%.

Analyst Ratings Changes

Separately, Berenberg Bank lowered their price target on shares of Sabre Insurance Group from GBX 213 ($2.76) to GBX 210 ($2.72) and set a “buy” rating on the stock in a report on Monday, March 10th.

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. It offers taxi, private car, and motorcycle insurance through a network of insurance brokers, as well as through its Go Girl and Insure 2 Drive brands. The company was founded in 1982 and is based in Dorking, the United Kingdom.