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

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Ian Chapple bought 15,611 shares of the firm's stock in a transaction on Wednesday, March 26th. The shares were purchased at an average price of GBX 127 ($1.64) per share, for a total transaction of £19,825.97 ($25,634.82).

Sabre Insurance Group Stock Performance

Shares of LON:SBRE traded up GBX 3.80 ($0.05) during mid-day trading on Monday, hitting GBX 129.20 ($1.67). 1,560,257 shares of the company traded hands, compared to its average volume of 543,440. The firm has a market cap of £321.92 million, a P/E ratio of 10.90, a PEG ratio of 4.08 and a beta of 0.22. Sabre Insurance Group plc has a 52-week low of GBX 123 ($1.59) and a 52-week high of GBX 180 ($2.33). The firm's 50 day simple moving average is GBX 129.54 and its 200 day simple moving average is GBX 134.67.

Sabre Insurance Group (LON:SBRE - Get Free Report) last issued its quarterly earnings data 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%. Equities research analysts expect that Sabre Insurance Group plc will post 19.083558 EPS for the current fiscal year.

Sabre Insurance Group Increases Dividend

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

Wall Street Analyst Weigh In

Separately, Berenberg Bank dropped their price objective on Sabre Insurance Group from GBX 213 ($2.75) to GBX 210 ($2.72) 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.