Quilter (LON:QLT) Insider Sells £1,009,687.65 in Stock
by Amy Steele · The Cerbat GemQuilter plc (LON:QLT – Get Free Report) insider Mark Satchel sold 570,445 shares of the business’s stock in a transaction on 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%
Shares of QLT opened at GBX 184.10 on Monday. The stock has a fifty day moving average of GBX 182.80 and a two-hundred day moving average of GBX 181.84. The company has a debt-to-equity ratio of 18.49, a quick ratio of 0.05 and a current ratio of 3.92. The company has a market capitalization of £2.54 billion, a PE ratio of 21.41, a price-to-earnings-growth ratio of 2.50 and a beta of 0.80. 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 – Get Free Report) last issued its quarterly earnings results on Wednesday, March 4th. The company reported GBX 8.90 earnings per share for the quarter. Quilter had a return on equity of 8.35% and a net margin of 1.28%. As a group, analysts forecast that Quilter plc will post 9.004676 EPS for the current year.
Analysts Set New Price Targets
QLT has been the subject of a number of research analyst reports. Berenberg Bank restated a “buy” rating and set a GBX 215 price objective on shares of Quilter in a report on Thursday, March 5th. Deutsche Bank Aktiengesellschaft upped their price objective on Quilter from GBX 170 to GBX 175 and gave the stock a “buy” rating in a report on Thursday, March 5th. Jefferies Financial Group upped their price objective on Quilter from GBX 210 to GBX 250 and gave the stock a “buy” rating in a report on Thursday, January 22nd. UBS Group restated a “buy” rating and set a GBX 210 price objective on shares of Quilter in a report on Friday, January 16th. Finally, Citigroup upped their price objective on Quilter from GBX 198 to GBX 200 and gave the stock a “neutral” rating in a report on Monday, January 26th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Quilter has an average rating of “Moderate Buy” and a consensus target price 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.