Sabre Insurance Group plc (LON:SBRE) Insider Adam Richard Westwood Sells 28,087 Shares of Stock

Sabre Insurance Group plc (LON:SBRE) insider Adam Richard Westwood sold 28,087 shares of the stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of GBX 167 ($2.12), for a total value of £46,905.29 ($59,615.26).

Adam Richard Westwood also recently made the following trade(s):

• On Monday, April 8th, Adam Richard Westwood sold 24,008 shares of Sabre Insurance Group stock. The shares were sold at an average price of GBX 178 ($2.26), for a total value of £42,734.24 ($54,313.98).

Sabre Insurance Group Trading Down 0.2 %

Shares of SBRE opened at GBX 166.60 ($2.12) on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.21 and a current ratio of 0.53. Sabre Insurance Group plc has a 52-week low of GBX 122.80 ($1.56) and a 52-week high of GBX 183.60 ($2.33). The firm has a market cap of £413.85 million, a price-to-earnings ratio of 2,380.00, a PEG ratio of 4.08 and a beta of 0.24. The business’s fifty day moving average is GBX 167.96 and its 200-day moving average is GBX 156.89.

Sabre Insurance Group Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Thursday, April 25th will be issued a GBX 8.10 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, April 25th. This represents a dividend yield of 5.09%. This is a boost from Sabre Insurance Group’s previous dividend of $0.90. Sabre Insurance Group’s dividend payout ratio is 7,142.86%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on SBRE. Berenberg Bank raised their target price on shares of Sabre Insurance Group from GBX 170 ($2.16) to GBX 200 ($2.54) and gave the stock a “buy” rating in a report on Monday, February 19th. Royal Bank of Canada increased their target price on Sabre Insurance Group from GBX 200 ($2.54) to GBX 220 ($2.80) and gave the stock an “outperform” rating in a report on Wednesday, March 20th.

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.