Quilter (LON:QLT) Insider Mark Satchel Sells 570,445 Shares

Quilter plc (LON:QLT) insider Mark Satchel sold 570,445 shares of Quilter stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of GBX 177, for a total value of £1,009,687.65.

Quilter Trading Up 0.5%

QLT opened at GBX 184.10 on Friday. Quilter plc has a 12 month low of GBX 125.20 and a 12 month high of GBX 201.60. The stock has a market capitalization of £2.54 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 2.50 and a beta of 0.80. The company has a debt-to-equity ratio of 18.49, a current ratio of 3.92 and a quick ratio of 0.05. The business has a fifty day moving average price of GBX 182.80 and a 200 day moving average price of GBX 181.56.

Quilter (LON:QLT) last released its earnings results on Wednesday, March 4th. The company reported GBX 8.90 EPS for the quarter. Quilter had a return on equity of 8.35% and a net margin of 1.28%. Sell-side analysts expect that Quilter plc will post 9.004676 earnings per share for the current fiscal year.

Analyst Ratings Changes

QLT has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on Quilter from GBX 170 to GBX 175 and gave the stock a “buy” rating in a research note on Thursday, March 5th. UBS Group reissued a “buy” rating and set a GBX 210 target price on shares of Quilter in a research note on Friday, January 16th. Berenberg Bank reissued a “buy” rating and set a GBX 215 target price on shares of Quilter in a research note on Thursday, March 5th. JPMorgan Chase & Co. lowered their target price on Quilter from GBX 223 to GBX 212 and set an “overweight” rating for the company in a research note on Thursday, March 19th. Finally, Citigroup boosted their target price on Quilter from GBX 198 to GBX 200 and gave the stock a “neutral” rating in a research note on Monday, January 26th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 210.29.

Quilter Company Profile

Quilter is a leading UK and cross-border full-service wealth management business, whose purpose is to help create prosperity for the generations of today and tomorrow. It has leading positions in one of the world’s largest wealth markets, and its multi-channel proposition and investment performance are delivering attractive growth.