Lancashire Holdings Limited (LON:LRE - Get Free Report) insider Alex Maloney sold 171,526 shares of the business's stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of GBX 550 ($7.11), for a total value of £943,393 ($1,219,011.50).
Lancashire Trading Up 1.4 %
Shares of LRE opened at GBX 567 ($7.33) on Tuesday. The stock has a fifty day moving average price of GBX 612.92 and a two-hundred day moving average price of GBX 641.13. The company has a debt-to-equity ratio of 31.26, a quick ratio of 1.18 and a current ratio of 33.62. The company has a market cap of £1.71 billion, a price-to-earnings ratio of 10.80, a PEG ratio of 0.21 and a beta of 0.62. Lancashire Holdings Limited has a 52-week low of GBX 547 ($7.07) and a 52-week high of GBX 721 ($9.32).
Lancashire Increases Dividend
The business also recently declared a dividend, which will be paid on Tuesday, March 25th. Investors of record on Thursday, March 20th will be given a dividend of GBX 5 ($0.06) per share. This is an increase from Lancashire's previous dividend of $0.15. The ex-dividend date is Thursday, March 20th. This represents a yield of 1.05%. Lancashire's dividend payout ratio is 34.29%.
Lancashire Company Profile
(
Get Free Report)
Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, Australia, and the United States. The company operates through two segments, Reinsurance and Insurance. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products.
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