Roger Stott Purchases 39 Shares of AJ Bell plc (LON:AJB) Stock

AJ Bell plc (LON:AJB) insider Roger Stott purchased 39 shares of the stock in a transaction dated Thursday, July 11th. The stock was acquired at an average cost of GBX 389 ($4.98) per share, for a total transaction of £151.71 ($194.33).

Roger Stott also recently made the following trade(s):

• On Tuesday, June 11th, Roger Stott bought 39 shares of AJ Bell stock. The stock was acquired at an average cost of GBX 378 ($4.84) per share, for a total transaction of £147.42 ($188.83).
• On Monday, May 13th, Roger Stott purchased 42 shares of AJ Bell stock. The shares were acquired at an average price of GBX 356 ($4.56) per share, with a total value of £149.52 ($191.52).

AJ Bell Price Performance

AJB stock traded up GBX 0.50 ($0.01) during midday trading on Friday, reaching GBX 394.50 ($5.05). 254,559 shares of the company’s stock traded hands, compared to its average volume of 627,088. The company has a 50-day simple moving average of GBX 375.94 and a two-hundred day simple moving average of GBX 331.19. The company has a quick ratio of 7.16, a current ratio of 3.75 and a debt-to-equity ratio of 6.44. AJ Bell plc has a 1-year low of GBX 241.60 ($3.09) and a 1-year high of GBX 415.50 ($5.32). The company has a market cap of £1.63 billion, a price-to-earnings ratio of 1,972.50, a PEG ratio of 5.73 and a beta of 0.88.

AJ Bell Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 6th were given a dividend of GBX 4.25 ($0.05) per share. The ex-dividend date was Thursday, June 6th. This represents a dividend yield of 1.17%. AJ Bell’s payout ratio is 6,000.00%.

Analyst Ratings Changes

A number of brokerages recently issued reports on AJB. Shore Capital reaffirmed a “buy” rating on shares of AJ Bell in a research report on Thursday, May 23rd. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 370 ($4.74) target price on shares of AJ Bell in a research report on Friday, April 19th. Finally, Jefferies Financial Group downgraded AJ Bell to a “hold” rating and set a GBX 361 ($4.62) price objective on the stock. in a report on Friday, May 3rd.

About AJ Bell

AJ Bell plc, through its subsidiaries, operates investment platforms in the United Kingdom. The company offers AJ Bell Investcentre, which offers advisers and clients service, easy-to-use functionality, and a comprehensive investment range at competitive prices; and AJ Bell, an investment platform. It also provides Touch by AJ Bell, an investment platform which help advisers to streamline their businesses with investment solutions delivered and managed digitally on their clients' smartphones; and Dodl by AJ Bell, an investment app.