Quilter PLC (LON:QLT) insider Paul Feeney sold 45,045 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of GBX 161 ($2.12), for a total transaction of £72,522.45 ($95,399.17).
Shares of LON:QLT traded up GBX 14.25 ($0.19) on Wednesday, reaching GBX 174.70 ($2.30). 17,444,470 shares of the company were exchanged. The firm has a market cap of $3.32 billion and a price-to-earnings ratio of 25.32. Quilter PLC has a 1-year low of GBX 119.98 ($1.58) and a 1-year high of GBX 168.57 ($2.22). The company has a current ratio of 0.25, a quick ratio of 0.05 and a debt-to-equity ratio of 14.48. The company has a 50-day moving average of GBX 160.70 and a 200-day moving average of GBX 144.65.
A number of equities analysts have recently commented on QLT shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Quilter in a report on Tuesday, January 7th. Royal Bank of Canada dropped their price objective on shares of Quilter from GBX 175 ($2.30) to GBX 170 ($2.24) and set an “outperform” rating on the stock in a research note on Friday, October 25th. Liberum Capital reissued a “buy” rating on shares of Quilter in a research note on Wednesday. Finally, Goldman Sachs Group reissued a “buy” rating on shares of Quilter in a research note on Wednesday. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of GBX 174.17 ($2.29).
About Quilter
Quilter plc provides advice-led investment solutions and investment platforms in the United Kingdom and internationally. The company operates in two segments, Advice and Wealth Management, and Wealth Platforms. The Advice and Wealth Management segment offers face-to-face financial advice services; mortgage and financial planning advice, and financial solutions for individuals and businesses; multi-asset investment solutions for its customers’ accumulation and decumulation needs; and discretionary and advisory wealth management services to private investors and corporate pension funds, trusts, and charities.
