Direct Line Insurance Group plc (LON:DLG - Get Free Report) insider Adam Winslow purchased 81 shares of Direct Line Insurance Group stock in a transaction dated Friday, September 27th. The stock was bought at an average price of GBX 186 ($2.49) per share, with a total value of £150.66 ($201.52).
Direct Line Insurance Group Trading Up 0.5 %
Shares of Direct Line Insurance Group stock opened at GBX 187.30 ($2.51) on Tuesday. The company has a 50 day simple moving average of GBX 183.86 and a two-hundred day simple moving average of GBX 193.97. The firm has a market cap of £2.43 billion, a PE ratio of 814.35, a PEG ratio of 2.38 and a beta of 0.42. Direct Line Insurance Group plc has a 1 year low of GBX 149.50 ($2.00) and a 1 year high of GBX 240.10 ($3.21). The company has a debt-to-equity ratio of 20.04, a current ratio of 0.57 and a quick ratio of 0.28.
Direct Line Insurance Group Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, October 11th. Investors of record on Thursday, September 12th will be given a GBX 2 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, September 12th. This represents a yield of 1.04%. Direct Line Insurance Group's dividend payout ratio (DPR) is presently 2,608.70%.
Analyst Ratings Changes
A number of research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 240 ($3.21) target price on shares of Direct Line Insurance Group in a report on Thursday, September 5th. Berenberg Bank reduced their price objective on shares of Direct Line Insurance Group from GBX 220 ($2.94) to GBX 215 ($2.88) and set a "hold" rating for the company in a research note on Tuesday, July 2nd. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a GBX 195 ($2.61) target price on shares of Direct Line Insurance Group in a research note on Monday, June 24th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of GBX 206 ($2.76).
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View Our Latest Stock Analysis on Direct Line Insurance Group
About Direct Line Insurance Group
(
Get Free Report)
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.
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