Quilter (LON:QLT) Sets New 52-Week High at $113.10

Posted by Defense World Staff on May 7th, 2024

Quilter plc (LON:QLT – Get Free Report)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 113.10 ($1.42) and last traded at GBX 109.70 ($1.38), with a volume of 241415 shares trading hands. The stock had previously closed at GBX 111.10 ($1.40).

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “hold” rating and set a GBX 105 ($1.32) price objective on shares of Quilter in a research report on Thursday, April 25th.

Check Out Our Latest Stock Analysis on QLT

Quilter Price Performance

The company has a debt-to-equity ratio of 18.37, a quick ratio of 0.05 and a current ratio of 1.21. The stock’s 50-day moving average is GBX 103.72 and its two-hundred day moving average is GBX 99.16. The stock has a market cap of £1.54 billion, a PE ratio of 3,683.33, a PEG ratio of 4.18 and a beta of 1.08.

Quilter Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Thursday, April 18th will be given a dividend of GBX 3.70 ($0.05) per share. This is a positive change from Quilter’s previous dividend of $1.50. This represents a dividend yield of 3.64%. The ex-dividend date of this dividend is Thursday, April 18th. Quilter’s dividend payout ratio (DPR) is currently 16,666.67%.

Insider Activity at Quilter

In related news, insider Mark Satchel sold 41,557 shares of the firm’s stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of GBX 103 ($1.29), for a total transaction of £42,803.71 ($53,773.51). Company insiders own 5.28% of the company’s stock.

Quilter Company Profile

(Get Free Report)

Quilter plc provides advice-led investment solutions in the United Kingdom and internationally. It operates through High Net Worth and Affluent segments. The High Net Worth segment provides discretionary investment management services to high-net worth clients, charities, companies, and institutions through a network of branches; and financial advice services for protection, mortgages, savings, investment, and pensions primarily to high-net-worth clients.