Mark Satchel Sells 98,892 Shares of Quilter plc (LON:QLT) Stock

Quilter plc (LON:QLT) insider Mark Satchel sold 98,892 shares of the company’s stock in a transaction dated Friday, March 28th. The shares were sold at an average price of GBX 157 ($2.03), for a total transaction of £155,260.44 ($200,594.88).

Quilter Price Performance

Shares of LON:QLT traded down GBX 1.10 ($0.01) on Tuesday, hitting GBX 146.30 ($1.89). The company had a trading volume of 1,606,699 shares, compared to its average volume of 6,996,262. The company has a current ratio of 1.18, a quick ratio of 0.05 and a debt-to-equity ratio of 18.69. The company has a market cap of £1.95 billion, a PE ratio of 39.34, a PEG ratio of 2.50 and a beta of 1.05. Quilter plc has a 52-week low of GBX 97.30 ($1.26) and a 52-week high of GBX 169.30 ($2.19). The business has a 50 day moving average of GBX 156.41 and a 200 day moving average of GBX 148.48.

Quilter (LON:QLT) last issued its quarterly earnings results on Wednesday, March 5th. The company reported GBX (2.50) (($0.03)) earnings per share for the quarter. Quilter had a net margin of 0.78% and a return on equity of 3.33%. As a group, equities analysts anticipate that Quilter plc will post 9.004676 earnings per share for the current fiscal year.

Quilter Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Thursday, April 10th will be paid a dividend of GBX 4.20 ($0.05) per share. The ex-dividend date is Thursday, April 10th. This represents a dividend yield of 2.7%. This is an increase from Quilter’s previous dividend of $1.70. Quilter’s dividend payout ratio is currently 134.44%.

Quilter Company Profile

Quilter is a leading UK and cross-border full-service wealth management business, whose purpose is to help create prosperity for the generations of today and tomorrow. It has leading positions in one of the world’s largest wealth markets, and its multi-channel proposition and investment performance are delivering attractive growth.