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 that occurred on Wednesday, March 5th. The shares were bought at an average price 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 Trading Up 1.7 %

LON:AJB opened at GBX 423 ($5.47) on Friday. AJ Bell plc has a one year low of GBX 281 ($3.63) and a one year high of GBX 529 ($6.84). The company has a debt-to-equity ratio of 6.46, a quick ratio of 7.16 and a current ratio of 3.63. The firm has a market cap of £1.74 billion, a P/E ratio of 21.63, a P/E/G ratio of 5.73 and a beta of 0.99. The firm has a 50-day simple moving average of GBX 435.68 and a 200-day simple moving average of GBX 448.25.

AJ Bell (LON:AJB) last posted its quarterly earnings results 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%. Equities analysts anticipate that AJ Bell plc will post 23.8118812 EPS for the current fiscal year.

AJ Bell Increases Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and set a GBX 565 ($7.30) price objective on shares of AJ Bell in a report on Friday, December 6th. Shore Capital reiterated a “hold” rating on shares of AJ Bell in a report on Friday, December 6th. Finally, Citigroup lowered shares of AJ Bell to a “sell” rating and decreased their price objective for the company from GBX 450 ($5.81) to GBX 390 ($5.04) in a report 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.