AJ Bell (LON:AJB) Shares Down 0.7%

AJ Bell plc (LON:AJB)’s stock price was down 0.7% during trading on Wednesday . The stock traded as low as GBX 292.50 ($3.64) and last traded at GBX 295 ($3.67). Approximately 474,320 shares traded hands during trading, a decline of 18% from the average daily volume of 580,852 shares. The stock had previously closed at GBX 297 ($3.70).

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on AJB shares. Berenberg Bank reiterated a “hold” rating and set a GBX 370 ($4.61) target price on shares of AJ Bell in a report on Tuesday, January 23rd. Shore Capital restated a “buy” rating on shares of AJ Bell in a report on Thursday, January 25th.

AJ Bell Stock Performance

The company has a market cap of £1.22 billion, a P/E ratio of 1,735.29, a P/E/G ratio of 5.73 and a beta of 0.90. The firm has a 50 day moving average price of GBX 305.78 and a 200-day moving average price of GBX 293.30. The company has a debt-to-equity ratio of 7.47, a quick ratio of 7.16 and a current ratio of 3.71.

AJ Bell Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 9th. Investors of record on Thursday, January 11th were paid a dividend of GBX 7.25 ($0.09) per share. This represents a yield of 2.81%. The ex-dividend date of this dividend was Thursday, January 11th. This is an increase from AJ Bell’s previous dividend of $3.50. AJ Bell’s dividend payout ratio (DPR) is presently 6,470.59%.

Insider Buying and Selling

In other AJ Bell news, insider Peter Birch sold 17,000 shares of AJ Bell stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of GBX 327 ($4.07), for a total value of £55,590 ($69,202.04). In related news, insider Simon Turner sold 27,267 shares of AJ Bell stock in a transaction dated Monday, March 4th. The stock was sold at an average price of GBX 308 ($3.83), for a total transaction of £83,982.36 ($104,546.69). Also, insider Peter Birch sold 17,000 shares of AJ Bell stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of GBX 327 ($4.07), for a total value of £55,590 ($69,202.04). 33.23% of the stock is currently owned by company insiders.

AJ Bell Company Profile

AJ Bell plc, through its subsidiaries, operates investment platforms in the United Kingdom. The company offers AJ Bell Investcentre, which offers advisers and clients service, easy-to-use functionality, and a comprehensive investment range at competitive prices; and AJ Bell, an investment platform. It also provides Touch by AJ Bell, an investment platform which help advisers to streamline their businesses with investment solutions delivered and managed digitally on their clients' smartphones; and Dodl by AJ Bell, an investment app.