Sabre Insurance Group plc (LON:SBRE) Insider Geoffrey Richard Carter Buys 132 Shares

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter acquired 132 shares of Sabre Insurance Group stock in a transaction that occurred on Tuesday, September 10th. The shares were purchased at an average cost of GBX 150 ($1.96) per share, with a total value of £198 ($258.93).

Geoffrey Richard Carter also recently made the following trade(s):

• On Tuesday, August 13th, Geoffrey Richard Carter purchased 96 shares of Sabre Insurance Group stock. The stock was purchased at an average price of GBX 156 ($2.04) per share, with a total value of £149.76 ($195.84).
• On Wednesday, July 10th, Geoffrey Richard Carter acquired 134 shares of Sabre Insurance Group stock. The stock was acquired at an average cost of GBX 150 ($1.96) per share, for a total transaction of £201 ($262.85).

Sabre Insurance Group Stock Up 2.0 %

SBRE opened at GBX 144.20 ($1.89) on Friday. The firm has a market cap of £358.21 million, a P/E ratio of 1,203.33, a PEG ratio of 4.08 and a beta of 0.22. The business’s fifty day simple moving average is GBX 153.85 and its 200 day simple moving average is GBX 160.59. Sabre Insurance Group plc has a 52 week low of GBX 138 ($1.80) and a 52 week high of GBX 183.60 ($2.40). The company has a quick ratio of 0.21, a current ratio of 0.52 and a debt-to-equity ratio of 0.03.

Sabre Insurance Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, September 25th. Shareholders of record on Thursday, August 22nd will be paid a dividend of GBX 1.70 ($0.02) per share. The ex-dividend date is Thursday, August 22nd. This represents a dividend yield of 1.06%. Sabre Insurance Group’s dividend payout ratio is currently 5,000.00%.

Analyst Ratings Changes

A number of brokerages have issued reports on SBRE. Royal Bank of Canada restated an “outperform” rating and set a GBX 220 ($2.88) target price on shares of Sabre Insurance Group in a research report on Thursday, August 1st. Berenberg Bank lifted their price objective on Sabre Insurance Group from GBX 211 ($2.76) to GBX 216 ($2.82) and gave the stock a “buy” rating in a research report on Thursday, May 23rd.

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.