Hiscox Ltd (LON:HSX) insider Bronek E. Masojada sold 37,500 shares of Hiscox stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of GBX 1,575 ($20.58), for a total value of £590,625 ($771,756.17).

HSX opened at GBX 1,585 ($20.71) on Friday. The company has a debt-to-equity ratio of 30.74, a current ratio of 0.44 and a quick ratio of 0.10. The stock has a market capitalization of $4.57 billion and a price-to-earnings ratio of 36.52. The business has a 50-day moving average of GBX 1,679.67 and a two-hundred day moving average of GBX 1,633.80. Hiscox Ltd has a 12 month low of GBX 1,411 ($18.44) and a 12 month high of GBX 1,795 ($23.45).

The firm also recently declared a dividend, which will be paid on Wednesday, September 11th. Shareholders of record on Thursday, August 8th will be issued a $0.14 dividend. This represents a yield of 0.63%. The ex-dividend date of this dividend is Thursday, August 8th. Hiscox’s dividend payout ratio (DPR) is 0.78%.

HSX has been the subject of a number of recent research reports. Royal Bank of Canada lifted their price objective on Hiscox from GBX 1,675 ($21.89) to GBX 1,700 ($22.21) and gave the stock a “sector performer” rating in a research report on Tuesday, June 11th. Barclays lifted their price objective on Hiscox from GBX 1,390 ($18.16) to GBX 1,506 ($19.68) and gave the stock an “underweight” rating in a research report on Monday, July 8th. Canaccord Genuity lifted their price objective on Hiscox from GBX 1,580 ($20.65) to GBX 1,600 ($20.91) and gave the stock a “sell” rating in a research report on Tuesday, July 30th. JPMorgan Chase & Co. dropped their price objective on Hiscox from GBX 1,715 ($22.41) to GBX 1,675 ($21.89) and set an “overweight” rating for the company in a research report on Monday, July 15th. Finally, Shore Capital reiterated a “hold” rating on shares of Hiscox in a research report on Monday, July 29th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company’s stock. Hiscox currently has a consensus rating of “Hold” and an average price target of GBX 1,569.73 ($20.51).

Hiscox Company Profile

Hiscox Ltd, together with its subsidiaries, provides insurance and reinsurance services. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It provides commercial insurance for small-and medium-sized businesses, including household, fine art and collectibles, and luxury motor via brokers, through a growing network of partnerships, and directly to consumers.

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Insider Buying and Selling by Quarter for Hiscox (LON:HSX)

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