Aviva plc (LON:AV) Insider Sells 523,728 Shares

Aviva plc (LON:AV) insider Amanda Blanc sold 523,728 shares of the business’s stock in a transaction on Friday, March 21st. The stock was sold at an average price of GBX 555 ($7.19), for a total value of £2,906,690.40 ($3,763,193.16).

Aviva Price Performance

AV stock traded up GBX 0.80 ($0.01) on Wednesday, hitting GBX 558.40 ($7.23). 5,756,851 shares of the company’s stock traded hands. The stock has a market cap of £15.00 billion, a price-to-earnings ratio of 11.51, a P/E/G ratio of 2.01 and a beta of 0.89. Aviva plc has a 1-year low of GBX 390.70 ($5.06) and a 1-year high of GBX 510.20 ($6.61). The company has a current ratio of 2.93, a quick ratio of 1.57 and a debt-to-equity ratio of 68.87. The stock has a fifty day moving average of GBX 519.14 and a 200-day moving average of GBX 491.53.

Aviva (LON:AV) last announced its quarterly earnings data on Thursday, February 27th. The company reported GBX 23.60 ($0.31) EPS for the quarter. Aviva had a return on equity of 14.82% and a net margin of 3.52%. On average, analysts forecast that Aviva plc will post 46.4942529 EPS for the current fiscal year.

Aviva Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, April 10th will be issued a dividend of GBX 23.80 ($0.31) per share. This represents a dividend yield of 4.25%. This is an increase from Aviva’s previous dividend of $11.90. The ex-dividend date is Thursday, April 10th. Aviva’s dividend payout ratio is currently 70.07%.

Wall Street Analysts Forecast Growth

AV has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “top pick” rating on shares of Aviva in a report on Friday, December 6th. JPMorgan Chase & Co. raised their price objective on shares of Aviva from GBX 615 ($7.96) to GBX 635 ($8.22) and gave the company an “overweight” rating in a research note on Thursday, March 6th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 585.67 ($7.58).

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.