B.P. Marsh & Partners (LON:BPM) Receives Buy Rating from Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of B.P. Marsh & Partners (LON:BPM) in a research note issued to investors on Wednesday morning, Marketbeat Ratings reports. Jefferies Financial Group currently has a GBX 560 ($7.13) target price on the insurance provider’s stock.

B.P. Marsh & Partners Stock Performance

BPM opened at GBX 512.50 ($6.53) on Wednesday. The firm has a market capitalization of £190.80 million, a P/E ratio of 753.68 and a beta of 0.72. The stock’s 50 day moving average price is GBX 485.61 and its two-hundred day moving average price is GBX 466.89. The company has a quick ratio of 21.03, a current ratio of 44.86 and a debt-to-equity ratio of 0.34. B.P. Marsh & Partners has a 12-month low of GBX 347.20 ($4.42) and a 12-month high of GBX 519.85 ($6.62).

B.P. Marsh & Partners Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 26th. Stockholders of record on Thursday, June 27th will be issued a dividend of GBX 5.36 ($0.07) per share. This represents a dividend yield of 1.13%. The ex-dividend date is Thursday, June 27th. This is a positive change from B.P. Marsh & Partners’s previous dividend of $2.68. B.P. Marsh & Partners’s dividend payout ratio (DPR) is presently 1,029.41%.

Insider Transactions at B.P. Marsh & Partners

In other news, insider Alice Hannah Daisy Foulk acquired 373 shares of the firm’s stock in a transaction dated Thursday, April 11th. The shares were bought at an average price of GBX 482 ($6.14) per share, with a total value of £1,797.86 ($2,289.39). In other news, insider Daniel Topping acquired 1,309 shares of the firm’s stock in a transaction dated Tuesday, June 11th. The shares were bought at an average price of GBX 496 ($6.32) per share, with a total value of £6,492.64 ($8,267.72). Also, insider Alice Hannah Daisy Foulk purchased 373 shares of the firm’s stock in a transaction that occurred on Thursday, April 11th. The stock was bought at an average cost of GBX 482 ($6.14) per share, for a total transaction of £1,797.86 ($2,289.39). 83.28% of the stock is owned by insiders.

B.P. Marsh & Partners Company Profile

B.P. Marsh & Partners PLC engages in the provision of consulting services, making and trading in investments, and financial services businesses in the United Kingdom and internationally. The company primarily invests in financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers, and specialist advisory and consultancy firms.