Admiral Group plc (LON:ADM) Insider Milena Mondini de Focatiis Sells 24,674 Shares

Admiral Group plc (LON:ADM – Get Rating) insider Milena Mondini de Focatiis sold 24,674 shares of the firm’s stock in a transaction on Monday, April 24th. The stock was sold at an average price of GBX 2,262 ($28.34), for a total transaction of £558,125.88 ($699,143.03).

Admiral Group Price Performance

ADM opened at GBX 2,249 ($28.17) on Monday. The company has a fifty day simple moving average of GBX 2,154.80 and a 200 day simple moving average of GBX 2,133.27. Admiral Group plc has a 12 month low of GBX 1,691.50 ($21.19) and a 12 month high of GBX 2,373 ($29.73). The company has a quick ratio of 0.42, a current ratio of 1.15 and a debt-to-equity ratio of 107.56. The stock has a market cap of £6.82 billion, a P/E ratio of 1,858.68, a P/E/G ratio of 1.16 and a beta of 0.25.

Admiral Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 2nd. Investors of record on Thursday, May 4th will be paid a dividend of GBX 52 ($0.65) per share. The ex-dividend date of this dividend is Thursday, May 4th. This represents a yield of 2.49%. Admiral Group’s payout ratio is 6,776.86%.

Analyst Upgrades and Downgrades

ADM has been the subject of a number of recent research reports. Morgan Stanley restated an “underweight” rating and issued a GBX 2,150 ($26.93) target price on shares of Admiral Group in a research note on Tuesday, March 28th. JPMorgan Chase & Co. reissued an “underweight” rating and set a GBX 1,650 ($20.67) price objective on shares of Admiral Group in a report on Thursday, March 9th. Deutsche Bank Aktiengesellschaft cut Admiral Group to a “hold” rating and set a GBX 2,150 ($26.93) price target for the company. in a report on Friday, March 10th. Peel Hunt restated a “hold” rating and issued a GBX 2,160 ($27.06) price objective on shares of Admiral Group in a research report on Wednesday, March 8th. Finally, Numis Securities reissued an “add” rating and set a GBX 2,575 ($32.26) price objective on shares of Admiral Group in a report on Friday, February 24th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of GBX 2,201.50 ($27.58).

About Admiral Group

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Admiral Group plc provides financial services in the United Kingdom, Spain, Italy, France, Canada, India, and the United States. It offers insurance products, including motor, household, travel, and pet insurance, as well as personal lending products through Admiral loans. The company operates through UK Insurance, International Insurance, Admiral Loans, and Other segments.