AJ Bell plc (LON:AJB) Insider Leslie Michael Platts Sells 9,494 Shares of Stock

AJ Bell plc (LON:AJB) insider Leslie Michael Platts sold 9,494 shares of AJ Bell stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of GBX 419 ($5.55), for a total transaction of £39,779.86 ($52,709.50).

AJ Bell Trading Up 0.5 %

Shares of AJB stock opened at GBX 413.80 ($5.48) on Wednesday. The stock has a market cap of £1.71 billion, a price-to-earnings ratio of 21.16, a PEG ratio of 5.73 and a beta of 0.99. AJ Bell plc has a 1-year low of GBX 303 ($4.01) and a 1-year high of GBX 529 ($7.01). The company has a current ratio of 3.63, a quick ratio of 7.16 and a debt-to-equity ratio of 6.46. The stock has a 50-day moving average of GBX 411.70 and a 200-day moving average of GBX 439.73.

AJ Bell Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 17th. Shareholders of record on Thursday, April 10th were given a dividend of GBX 11.40 ($0.15) per share. The ex-dividend date was Thursday, April 10th. This represents a yield of 4.11%. This is a boost from AJ Bell’s previous dividend of $8.25. AJ Bell’s dividend payout ratio is 61.37%.

Analyst Ratings Changes

Separately, Citigroup cut shares of AJ Bell to a “sell” rating and decreased their target price for the stock from GBX 450 ($5.96) to GBX 390 ($5.17) 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.