AJ Bell plc (LON:AJB) Insider Peter Birch Sells 25,853 Shares

AJ Bell plc (LON:AJB) insider Peter Birch sold 25,853 shares of the company’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of GBX 459 ($5.77), for a total transaction of £118,665.27 ($149,189.43).

AJ Bell Trading Down 0.1 %

Shares of AJB opened at GBX 461.26 ($5.80) on Thursday. The firm has a fifty day simple moving average of GBX 464.53 and a two-hundred day simple moving average of GBX 436.05. AJ Bell plc has a twelve month low of GBX 280.60 ($3.53) and a twelve month high of GBX 529 ($6.65). The stock has a market capitalization of £1.90 billion, a P/E ratio of 2,306.32, a PEG ratio of 5.73 and a beta of 0.99. The company has a quick ratio of 7.16, a current ratio of 3.75 and a debt-to-equity ratio of 6.44.

AJ Bell Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 9th will be issued a dividend of GBX 8.25 ($0.10) per share. This is a positive change from AJ Bell’s previous dividend of $4.25. This represents a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, January 9th. AJ Bell’s dividend payout ratio is currently 6,000.00%.

Analyst Ratings Changes

AJB has been the subject of several recent research reports. Jefferies Financial Group reissued a “buy” rating and issued a GBX 565 ($7.10) price target on shares of AJ Bell in a research note on Friday, December 6th. Shore Capital reissued a “hold” rating on shares of AJ Bell in a research note on Friday, December 6th.

About AJ Bell

AJ Bell plc, through its subsidiaries, operates investment platforms in the United Kingdom. The company offers AJ Bell Investcentre, which offers advisers and clients service, easy-to-use functionality, and a comprehensive investment range at competitive prices; and AJ Bell, an investment platform. It also provides Touch by AJ Bell, an investment platform which help advisers to streamline their businesses with investment solutions delivered and managed digitally on their clients' smartphones; and Dodl by AJ Bell, an investment app.