AJ Bell plc (LON:AJB) Insider Purchases £2,300.41 in Stock

AJ Bell plc (LON:AJB) insider Peter Birch acquired 557 shares of the firm’s stock in a transaction on Wednesday, March 5th. The shares were acquired at an average price of GBX 413 ($5.32) per share, with a total value of £2,300.41 ($2,965.21).

Peter Birch also recently made the following trade(s):

• On Tuesday, December 17th, Peter Birch sold 25,853 shares of AJ Bell stock. The stock was sold at an average price of GBX 459 ($5.92), for a total value of £118,665.27 ($152,958.58).

AJ Bell Price Performance

AJ Bell stock traded down GBX 1 ($0.01) during midday trading on Thursday, hitting GBX 416 ($5.36). The company’s stock had a trading volume of 447,029 shares, compared to its average volume of 1,673,741. The company has a market capitalization of £1.72 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99. AJ Bell plc has a 12 month low of GBX 281 ($3.62) and a 12 month high of GBX 529 ($6.82). The company has a quick ratio of 7.16, a current ratio of 3.63 and a debt-to-equity ratio of 6.46. The stock’s 50-day moving average price is GBX 437.75 and its 200-day moving average price is GBX 448.88.

AJ Bell (LON:AJB) last released its earnings results on Thursday, December 5th. The company reported GBX 20.46 ($0.26) earnings per share for the quarter. AJ Bell had a return on equity of 42.30% and a net margin of 33.14%. Analysts anticipate that AJ Bell plc will post 23.8118812 earnings per share for the current fiscal year.

AJ Bell Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 7th. Investors of record on Thursday, January 9th were paid a dividend of GBX 8.25 ($0.11) per share. This is a positive change from AJ Bell’s previous dividend of $4.25. The ex-dividend date of this dividend was Thursday, January 9th. This represents a yield of 1.66%. AJ Bell’s dividend payout ratio (DPR) is presently 61.37%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Shore Capital reissued a “hold” rating on shares of AJ Bell in a research report on Friday, December 6th. Citigroup lowered shares of AJ Bell to a “sell” rating and decreased their price objective for the stock from GBX 450 ($5.80) to GBX 390 ($5.03) in a report on Tuesday, January 7th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 565 ($7.28) target price on shares of AJ Bell in a research note on Friday, December 6th.

AJ Bell Company Profile

Established in 1995, AJ Bell is one of the largest investment platforms in the UK, operating at scale in both the advised and direct-to-consumer markets.

Our purpose is to help people invest by providing them with easy access to Pensions, ISAs and General investment accounts, great customer service and competitive charges.

Our two core platform propositions are AJ Bell in the D2C market and AJ Bell Investcentre in the advised market, which both provide access to a broad investment range including shares and other instruments traded on the major stock exchanges around the world, as well as all mainstream collective investments available in the UK and our own range of AJ Bell funds.