Roger Stott Acquires 35 Shares of AJ Bell plc (LON:AJB) Stock

AJ Bell plc (LON:AJB) insider Roger Stott bought 35 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The shares were acquired at an average cost of GBX 430 ($5.49) per share, for a total transaction of £150.50 ($192.16).

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

• On Thursday, July 11th, Roger Stott bought 39 shares of AJ Bell stock. The shares were acquired at an average cost of GBX 389 ($4.97) per share, for a total transaction of £151.71 ($193.71).
• On Tuesday, June 11th, Roger Stott bought 39 shares of AJ Bell stock. The shares were acquired at an average cost of GBX 378 ($4.83) per share, for a total transaction of £147.42 ($188.23).

AJ Bell Price Performance

Shares of AJ Bell stock opened at GBX 452 ($5.77) on Friday. The stock has a market cap of £1.86 billion, a price-to-earnings ratio of 2,250.00, a price-to-earnings-growth ratio of 5.73 and a beta of 0.88. The company has a debt-to-equity ratio of 6.44, a quick ratio of 7.16 and a current ratio of 3.75. The stock has a 50 day moving average price of GBX 406.69 and a 200-day moving average price of GBX 352.87. AJ Bell plc has a one year low of GBX 241.60 ($3.08) and a one year high of GBX 483.50 ($6.17).

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 issued a GBX 4.25 ($0.05) dividend. This represents a dividend yield of 1.17%. The ex-dividend date was Thursday, June 6th. AJ Bell’s dividend payout ratio (DPR) is 6,000.00%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Jefferies Financial Group cut AJ Bell to a “hold” rating and set a GBX 361 ($4.61) price target for the company. in a report on Friday, May 3rd. Berenberg Bank raised their price target on AJ Bell from GBX 370 ($4.72) to GBX 410 ($5.23) and gave the company a “hold” rating in a report on Thursday, July 18th. Finally, Shore Capital restated a “buy” rating on shares of AJ Bell in a report on Thursday, May 23rd.

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.