Adam Winslow Buys 71 Shares of Direct Line Insurance Group plc (LON:DLG) Stock

Adam Winslow, an insider at Direct Line Insurance Group, purchased 71 shares of the company's stock. The average cost per share was GBX 210 ($2.68), resulting in a total transaction of £149.10 ($190.42). Winslow also recently sold 454,979 shares of the company's stock. The stock price of Direct Line Insurance Group increased to GBX 211 ($2.69) per share.

Direct Line Insurance Group plc (LON:DLG - Get Free Report) insider Adam Winslow acquired 71 shares of Direct Line Insurance Group stock in a transaction on Tuesday, May 28th. The shares were purchased at an average cost of GBX 210 ($2.68) per share, with a total value of £149.10 ($190.42).

Adam Winslow also recently made the following trade(s):

On Tuesday, May 21st, Adam Winslow sold 454,979 shares of Direct Line Insurance Group stock. The shares were sold at an average price of GBX 203 ($2.59), for a total value of £923,607.37 ($1,179,575.19).

Direct Line Insurance Group Price Performance

DLG traded up GBX 6.60 ($0.08) during trading on Thursday, reaching GBX 211 ($2.69). 3,156,155 shares of the company were exchanged, compared to its average volume of 5,072,701. Direct Line Insurance Group plc has a 12-month low of GBX 132.12 ($1.69) and a 12-month high of GBX 240.10 ($3.07). The company's 50-day moving average is GBX 194.26 and its two-hundred day moving average is GBX 187.25. The company has a quick ratio of 0.28, a current ratio of 8.31 and a debt-to-equity ratio of 18.89. The company has a market cap of £2.74 billion, a price-to-earnings ratio of 1,393.33, a P/E/G ratio of 2.22 and a beta of 0.44.

Direct Line Insurance Group Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, May 17th. Stockholders of record on Thursday, April 4th were issued a GBX 4 ($0.05) dividend. This represents a dividend yield of 1.89%. The ex-dividend date was Thursday, April 4th. Direct Line Insurance Group's payout ratio is 5,333.33%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on DLG shares. Berenberg Bank boosted their price objective on Direct Line Insurance Group from GBX 195 ($2.49) to GBX 220 ($2.81) and gave the company a "buy" rating in a research note on Wednesday, April 3rd. Barclays raised shares of Direct Line Insurance Group to an "equal weight" rating and boosted their price target for the company from GBX 188 ($2.40) to GBX 219 ($2.80) in a research report on Thursday, February 29th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of GBX 212.50 ($2.71).

Read Our Latest Stock Report on Direct Line Insurance Group

About Direct Line Insurance Group

(Get Free Report)

Direct Line Insurance Group plc engages in the provision of general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers motor, home, van, landlord, rescue, pet, tradesperson, business, creditor and select, and travel insurance products, as well as commercial insurance for small and medium-sized enterprises.

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