Quilter (LON:QLT) Insider Steven Levin Sells 679,997 Shares of Stock

Quilter plc (LON:QLT) insider Steven Levin sold 679,997 shares of the business’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of GBX 177, for a total transaction of £1,203,594.69.

Quilter Trading Up 0.5%

QLT opened at GBX 184.10 on Friday. 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 company has a market cap of £2.54 billion, a price-to-earnings ratio of 21.41, a price-to-earnings-growth ratio of 2.50 and a beta of 0.80. The firm has a 50 day simple moving average of GBX 182.80 and a 200 day simple moving average of GBX 181.56. Quilter plc has a fifty-two week low of GBX 125.20 and a fifty-two week high of GBX 201.60.

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

Analysts Set New Price Targets

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

About Quilter

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.