Lancashire Holdings Limited (LON:LRE) Insider Sells £943,393 in Stock

Lancashire Holdings Limited (LON:LRE) insider Alex Maloney sold 171,526 shares of the company’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of GBX 550 ($7.10), for a total transaction of £943,393 ($1,218,224.43).

Lancashire Trading Up 1.4 %

LRE traded up GBX 8 ($0.10) on Monday, hitting GBX 567 ($7.32). The company had a trading volume of 281,461 shares, compared to its average volume of 1,859,319. Lancashire Holdings Limited has a 12-month low of GBX 547 ($7.06) and a 12-month high of GBX 721 ($9.31). The company has a quick ratio of 1.18, a current ratio of 33.62 and a debt-to-equity ratio of 31.26. The business’s fifty day simple moving average is GBX 613.94 and its 200 day simple moving average is GBX 641.86. The company has a market cap of £1.71 billion, a PE ratio of 10.80, a PEG ratio of 0.21 and a beta of 0.62.

Lancashire Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Thursday, March 20th will be given a dividend of GBX 5 ($0.06) per share. The ex-dividend date is Thursday, March 20th. This represents a dividend yield of 1.05%. This is an increase from Lancashire’s previous dividend of $0.15. Lancashire’s payout ratio is currently 34.29%.

Lancashire Company Profile

Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, Australia, and the United States. The company operates through two segments, Reinsurance and Insurance. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products.