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

HSX stock traded down GBX 15 ($0.20) during trading on Tuesday, reaching GBX 1,583 ($20.68). 601,347 shares of the stock were exchanged, compared to its average volume of 721,158. The company has a current ratio of 0.44, a quick ratio of 0.10 and a debt-to-equity ratio of 30.74. The business has a 50 day moving average price of GBX 1,689.27 and a 200-day moving average price of GBX 1,631.24. Hiscox Ltd has a 1 year low of GBX 1,411 ($18.44) and a 1 year high of GBX 1,795 ($23.45). The firm has a market capitalization of $4.56 billion and a price-to-earnings ratio of 36.47.

The business also recently declared a dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Thursday, August 8th will be paid a $0.14 dividend. This represents a dividend 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 topic of several research analyst reports. Barclays lifted their target price on shares of Hiscox from GBX 1,390 ($18.16) to GBX 1,506 ($19.68) and gave the company an “underweight” rating in a research report on Monday, July 8th. HSBC dropped their target price on shares of Hiscox from GBX 1,571 ($20.53) to GBX 1,490 ($19.47) and set a “hold” rating on the stock in a research report on Wednesday, May 15th. Morgan Stanley initiated coverage on shares of Hiscox in a research report on Friday, May 17th. They issued an “equal weight” rating and a GBX 1,619 ($21.16) target price on the stock. Berenberg Bank reiterated a “hold” rating and issued a GBX 1,581 ($20.66) target price on shares of Hiscox in a research report on Tuesday, June 11th. Finally, Royal Bank of Canada lifted their target price on shares of Hiscox from GBX 1,675 ($21.89) to GBX 1,700 ($22.21) and gave the company a “sector performer” rating in a research report on Tuesday, June 11th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price 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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