Direct Line Insurance Group PLC (DLG) Insider Steven Maddock Acquires 42 Shares

Direct Line Insurance Group PLC (LON:DLG) insider Steven Maddock purchased 42 shares of the firm’s stock in a transaction that occurred on Wednesday, September 27th. The stock was bought at an average price of GBX 360 ($4.84) per share, for a total transaction of £151.20 ($203.34).

Steven Maddock also recently made the following trade(s):

  • On Tuesday, August 29th, Steven Maddock purchased 39 shares of Direct Line Insurance Group PLC stock. The stock was bought at an average price of GBX 380 ($5.11) per share, for a total transaction of £148.20 ($199.30).
  • On Thursday, July 27th, Steven Maddock purchased 41 shares of Direct Line Insurance Group PLC stock. The stock was bought at an average price of GBX 370 ($4.98) per share, for a total transaction of £151.70 ($204.01).

Direct Line Insurance Group PLC (LON:DLG) traded up 1.26% during mid-day trading on Thursday, hitting GBX 361.40. The stock had a trading volume of 6,720,024 shares. The firm’s market cap is GBX 4.94 billion. Direct Line Insurance Group PLC has a 52 week low of GBX 328.40 and a 52 week high of GBX 411.30. The company’s 50 day moving average price is GBX 386.91 and its 200 day moving average price is GBX 360.94.

The company also recently disclosed a dividend, which was paid on Friday, September 8th. Stockholders of record on Thursday, August 10th were given a dividend of GBX 6.80 ($0.09) per share. The ex-dividend date was Thursday, August 10th. This represents a dividend yield of 1.67%.

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A number of research analysts recently commented on the company. Shore Capital restated a “sell” rating on shares of Direct Line Insurance Group PLC in a research report on Monday, August 7th. Deutsche Bank AG raised their price target on Direct Line Insurance Group PLC from GBX 375 ($5.04) to GBX 390 ($5.24) and gave the stock a “buy” rating in a research report on Friday, June 23rd. Jefferies Group LLC reiterated an “overweight” rating and issued a GBX 415 ($5.58) target price on shares of Direct Line Insurance Group PLC in a research report on Thursday, July 6th. Credit Suisse Group reiterated an “outperform” rating on shares of Direct Line Insurance Group PLC in a research report on Friday, September 8th. Finally, Morgan Stanley lifted their target price on Direct Line Insurance Group PLC from GBX 423 ($5.69) to GBX 451 ($6.07) and gave the company an “overweight” rating in a research report on Thursday, August 17th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 396.62 ($5.33).

About Direct Line Insurance Group PLC

Direct Line Insurance Group plc is a United Kingdom-based personal and small business general insurer. The principal activity of the Company is managing its investments in subsidiaries, providing loans to those subsidiaries, raising funds for the Group and the receipt and payment of dividends. The Company’s operating segments include Motor, Home, Rescue and other personal lines, Commercial and Run-off.

Insider Buying and Selling by Quarter for Direct Line Insurance Group PLC (LON:DLG)

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