Lancashire Holdings Limited (LON:LRE – Get Free Report) insider Philip Broadley acquired 1,800 shares of the business’s stock in a transaction on Friday, May 2nd. The shares were bought at an average cost of GBX 583 ($7.78) per share, with a total value of £10,494 ($14,012.55).
Lancashire Stock Performance
Shares of LON LRE opened at GBX 585 ($7.81) on Wednesday. The firm’s fifty day moving average is GBX 576.34 and its two-hundred day moving average is GBX 618.15. Lancashire Holdings Limited has a 52-week low of GBX 505 ($6.74) and a 52-week high of GBX 721 ($9.63). The company has a market cap of £1.76 billion, a P/E ratio of 11.14, a P/E/G ratio of 0.21 and a beta of 0.62. The company has a debt-to-equity ratio of 31.26, a quick ratio of 1.18 and a current ratio of 33.62.
Lancashire Increases Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Thursday, March 20th were paid a GBX 5 ($0.07) dividend. This is an increase from Lancashire’s previous dividend of $0.15. The ex-dividend date of this dividend was Thursday, March 20th. This represents a yield of 1.05%. Lancashire’s payout ratio is presently 34.29%.
About Lancashire
Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, Australia, and the United States. The company operates through two segments, Reinsurance and Insurance. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products.
Further Reading
- Five stocks we like better than Lancashire
- What is Forex and How Does it Work?
- 3 Mid-Cap Medical Stocks Outperforming the Market
- Learn Technical Analysis Skills to Master the Stock Market
- The Top-Ranked Insider Buys From April by Market Cap
- What is the Australian Securities Exchange (ASX)
- Is Eli Lilly a Buy After Weak Earnings and CVS-Novo Partnership?
Receive News & Ratings for Lancashire Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lancashire and related companies with MarketBeat.com's FREE daily email newsletter.