Ian Chapple Buys 15,611 Shares of Sabre Insurance Group plc (LON:SBRE) Stock

Sabre Insurance Group plc (LON:SBRE) insider Ian Chapple bought 15,611 shares of Sabre Insurance Group stock in a transaction that occurred on Wednesday, March 26th. The stock was bought at an average cost of GBX 127 ($1.64) per share, with a total value of £19,825.97 ($25,525.90).

Sabre Insurance Group Stock Up 0.2 %

LON SBRE opened at GBX 127.22 ($1.64) on Thursday. Sabre Insurance Group plc has a 12-month low of GBX 123 ($1.58) and a 12-month high of GBX 180 ($2.32). The firm’s 50 day moving average is GBX 129.96 and its 200-day moving average is GBX 135.18. The company has a market capitalization of £316.98 million, a PE ratio of 10.73, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22.

Sabre Insurance Group (LON:SBRE) last issued its quarterly earnings results on Tuesday, March 18th. The company reported GBX 14.48 ($0.19) EPS for the quarter. Sabre Insurance Group had a net margin of 12.82% and a return on equity of 12.19%. As a group, sell-side analysts expect that Sabre Insurance Group plc will post 19.083558 EPS for the current year.

Sabre Insurance Group Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Thursday, April 17th will be paid a GBX 11.30 ($0.15) dividend. This represents a yield of 8.59%. This is an increase from Sabre Insurance Group’s previous dividend of $1.70. The ex-dividend date is Thursday, April 17th. Sabre Insurance Group’s dividend payout ratio (DPR) is currently 50.62%.

Analyst Ratings Changes

Separately, Berenberg Bank reduced their price objective on Sabre Insurance Group from GBX 213 ($2.74) to GBX 210 ($2.70) and set a “buy” rating for the company in a research report on Monday, March 10th.

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.