Insider Selling: Aviva plc (LON:AV) Insider Sells 523,728 Shares of Stock

Aviva plc (LON:AV) insider Amanda Blanc sold 523,728 shares of the stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of GBX 555 ($7.18), for a total value of £2,906,690.40 ($3,762,219.00).

Aviva Price Performance

Shares of LON:AV opened at GBX 559 ($7.24) on Friday. The company has a market capitalization of £15.02 billion, a P/E ratio of 11.52, a P/E/G ratio of 2.01 and a beta of 0.89. The company has a debt-to-equity ratio of 68.87, a current ratio of 2.93 and a quick ratio of 1.57. The firm’s 50 day simple moving average is GBX 523.77 and its two-hundred day simple moving average is GBX 492.96. Aviva plc has a 1-year low of GBX 390.70 ($5.06) and a 1-year high of GBX 510.20 ($6.60).

Aviva (LON:AV) last announced its quarterly earnings results on Thursday, February 27th. The company reported GBX 23.60 ($0.31) EPS for the quarter. Aviva had a return on equity of 14.82% and a net margin of 3.52%. Research analysts expect that Aviva plc will post 46.4942529 EPS for the current fiscal year.

Aviva Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, April 10th will be issued a GBX 23.80 ($0.31) dividend. The ex-dividend date is Thursday, April 10th. This is an increase from Aviva’s previous dividend of $11.90. This represents a dividend yield of 4.25%. Aviva’s payout ratio is 70.07%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AV. JPMorgan Chase & Co. increased their price objective on Aviva from GBX 615 ($7.96) to GBX 635 ($8.22) and gave the stock an “overweight” rating in a report on Thursday, March 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “top pick” rating on shares of Aviva in a research note on Friday, December 6th. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 585.67 ($7.58).

Aviva Company Profile

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.