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

AJ Bell plc (LON:AJB) insider Peter Birch bought 557 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The shares were bought at an average cost of GBX 413 ($5.34) per share, with a total value of £2,300.41 ($2,972.49).

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

• On Tuesday, December 17th, Peter Birch sold 25,853 shares of AJ Bell stock. The shares were sold at an average price of GBX 459 ($5.93), for a total transaction of £118,665.27 ($153,334.11).

AJ Bell Stock Performance

Shares of LON:AJB opened at GBX 423 ($5.47) on Friday. AJ Bell plc has a 52 week low of GBX 281 ($3.63) and a 52 week high of GBX 529 ($6.84). The stock has a market capitalization of £1.74 billion, a P/E ratio of 21.63, a PEG ratio of 5.73 and a beta of 0.99. The firm has a fifty day simple moving average of GBX 435.68 and a two-hundred day simple moving average of GBX 448.25. The company has a quick ratio of 7.16, a current ratio of 3.63 and a debt-to-equity ratio of 6.46.

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

AJ Bell Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Thursday, January 9th. This is a boost from AJ Bell’s previous dividend of $4.25. This represents a dividend yield of 1.66%. AJ Bell’s payout ratio is currently 61.37%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on AJB shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 565 ($7.30) target price on shares of AJ Bell in a research note on Friday, December 6th. Shore Capital reaffirmed a “hold” rating on shares of AJ Bell in a research note on Friday, December 6th. Finally, Citigroup cut shares of AJ Bell to a “sell” rating and dropped their price objective for the stock from GBX 450 ($5.81) to GBX 390 ($5.04) in a research note on Tuesday, January 7th.

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.