Direct Line Insurance Group plc (LON:DLG) Insider Purchases £149.46 in Stock

Direct Line Insurance Group plc (LON:DLG) insider Adam Winslow acquired 94 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were bought at an average cost of GBX 159 ($2.03) per share, for a total transaction of £149.46 ($190.37).

Adam Winslow also recently made the following trade(s):

• On Monday, October 28th, Adam Winslow bought 89 shares of Direct Line Insurance Group stock. The stock was acquired at an average price of GBX 169 ($2.15) per share, with a total value of £150.41 ($191.58).
• On Friday, September 27th, Adam Winslow bought 81 shares of Direct Line Insurance Group stock. The shares were acquired at an average cost of GBX 186 ($2.37) per share, for a total transaction of £150.66 ($191.90).

Direct Line Insurance Group Price Performance

The firm’s 50-day moving average price is GBX 173.51 and its 200-day moving average price is GBX 186.24. The company has a quick ratio of 0.28, a current ratio of 0.57 and a debt-to-equity ratio of 20.04. The company has a market capitalization of £3.05 billion, a price-to-earnings ratio of 1,020.87, a price-to-earnings-growth ratio of 2.42 and a beta of 0.42. Direct Line Insurance Group plc has a 12 month low of GBX 147.10 ($1.87) and a 12 month high of GBX 240.10 ($3.06).

Direct Line Insurance Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 11th. Stockholders of record on Thursday, September 12th were paid a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.04%. The ex-dividend date was Thursday, September 12th. Direct Line Insurance Group’s dividend payout ratio is 2,608.70%.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 240 ($3.06) price target on shares of Direct Line Insurance Group in a report on Thursday, September 5th.

Direct Line Insurance Group Company Profile

Direct Line Insurance Group plc engages in the provision of general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers motor, home, van, landlord, rescue, pet, tradesperson, business, creditor and select, and travel insurance products, as well as commercial insurance for small and medium-sized enterprises.