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

Sabre Insurance Group plc (LON:SBRE) announced a dividend on Tuesday, March 19th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 25th will be given 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 a boost from Sabre Insurance Group’s previous dividend of $0.90. The official announcement can be seen at this link.

Sabre Insurance Group Trading Down 0.9 %

SBRE opened at GBX 170.66 ($2.11) on Wednesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.53 and a quick ratio of 0.21. 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 capitalization of £423.94 million, a PE ratio of 2,460.00, a P/E/G ratio of 4.08 and a beta of 0.19. The company’s 50-day moving average is GBX 166.75 and its 200 day moving average is GBX 155.87.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other news, insider Bryan Joseph acquired 3,000 shares of Sabre Insurance Group stock in a transaction on Wednesday, March 20th. The stock was acquired at an average cost of GBX 178 ($2.20) per share, with a total value of £5,340 ($6,595.85). In related news, insider Bryan Joseph bought 3,000 shares of Sabre Insurance Group stock in a transaction dated Wednesday, March 20th. The stock was purchased at an average cost of GBX 178 ($2.20) per share, with a total value of £5,340 ($6,595.85). Also, insider Adam Richard Westwood sold 24,008 shares of the 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 the last ninety days, insiders bought 3,182 shares of company stock valued at $563,966. Corporate 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.