Aviva plc (LON:AV) Insider Acquires £4,826.43 in Stock

Aviva plc (LON:AV) insider Pippa Lambert purchased 987 shares of the firm’s stock in a transaction on Monday, September 30th. The shares were acquired at an average price of GBX 489 ($6.54) per share, for a total transaction of £4,826.43 ($6,455.90).

Aviva Price Performance

Shares of AV stock opened at GBX 479.70 ($6.42) on Thursday. Aviva plc has a 52 week low of GBX 375.10 ($5.02) and a 52 week high of GBX 510.20 ($6.82). The stock has a market capitalization of £12.76 billion, a PE ratio of 1,042.83, a PEG ratio of 1.93 and a beta of 0.89. The company has a debt-to-equity ratio of 67.09, a quick ratio of 1.57 and a current ratio of 2.17. The stock’s fifty day moving average is GBX 491.81 and its 200-day moving average is GBX 484.33.

Aviva Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, October 17th. Shareholders of record on Thursday, September 5th will be issued a dividend of GBX 11.90 ($0.16) per share. This represents a yield of 2.44%. The ex-dividend date is Thursday, September 5th. Aviva’s dividend payout ratio is currently 7,391.30%.

Wall Street Analyst Weigh In

AV has been the topic of several recent research reports. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 545 ($7.29) target price on shares of Aviva in a research report on Friday, July 5th. Jefferies Financial Group upped their price objective on Aviva from GBX 525 ($7.02) to GBX 550 ($7.36) and gave the company a “buy” rating in a research note on Monday, September 9th. Finally, The Goldman Sachs Group initiated coverage on Aviva in a research report on Wednesday, September 18th. They set a “buy” rating for the company. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Aviva has a consensus rating of “Moderate Buy” and an average target price of GBX 524.80 ($7.02).

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.