Sabre Insurance Group plc (LON:SBRE) Plans Dividend of GBX 8.10

Sabre Insurance Group plc (LON:SBRE) declared a dividend on Tuesday, March 19th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 25th will be paid a dividend of GBX 8.10 ($0.10) per share on Wednesday, June 5th. This represents a dividend yield of 5.09%. The ex-dividend date is Thursday, April 25th. This is an increase from Sabre Insurance Group’s previous dividend of $0.90. The official announcement can be viewed at this link.

Sabre Insurance Group Price Performance

Shares of LON:SBRE opened at GBX 170.66 ($2.11) on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.21 and a current ratio of 0.53. The firm has a fifty day moving average price of GBX 166.75 and a 200 day moving average price of GBX 155.87. Sabre Insurance Group has a fifty-two week low of GBX 117.20 ($1.45) and a fifty-two week high of GBX 183.60 ($2.27). The firm has a market cap of £423.94 million, a price-to-earnings ratio of 2,460.00, a P/E/G ratio of 4.08 and a beta of 0.19.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Royal Bank of Canada upped their price target on shares of Sabre Insurance Group from GBX 200 ($2.47) to GBX 220 ($2.72) and gave the company an “outperform” rating in a research note on Wednesday, March 20th. Berenberg Bank upped their price target on shares of Sabre Insurance Group from GBX 170 ($2.10) to GBX 200 ($2.47) and gave the stock a “buy” rating in a report on Monday, February 19th.

Insider Transactions at Sabre Insurance Group

In related news, insider Adam Richard Westwood sold 24,008 shares of Sabre Insurance Group stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of GBX 178 ($2.20), for a total transaction of £42,734.24 ($52,784.39). In related news, insider Adam Richard Westwood sold 24,008 shares of the firm’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of GBX 178 ($2.20), for a total transaction of £42,734.24 ($52,784.39). Also, insider Bryan Joseph acquired 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The shares were bought at an average cost of GBX 178 ($2.20) per share, for a total transaction of £5,340 ($6,595.85). In the last quarter, insiders acquired 3,182 shares of company stock valued at $563,966. Company insiders own 8.26% of the company’s stock.

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.