Standard Life Aberdeen PLC (LON:SLA) Insider Douglas J. Flint Buys 7,750 Shares

Standard Life Aberdeen PLC (LON:SLA) insider Douglas J. Flint purchased 7,750 shares of the firm’s stock in a transaction on Friday, March 29th. The stock was bought at an average cost of GBX 263 ($3.44) per share, with a total value of £20,382.50 ($26,633.35).

Shares of SLA stock traded up GBX 3.30 ($0.04) during mid-day trading on Friday, reaching GBX 280.30 ($3.66). 7,108,924 shares of the company’s stock traded hands, compared to its average volume of 9,330,000. Standard Life Aberdeen PLC has a 12 month low of GBX 219.10 ($2.86) and a 12 month high of GBX 382.70 ($5.00). The company has a debt-to-equity ratio of 17.20, a current ratio of 1.58 and a quick ratio of 1.01. The company has a market cap of $6.77 billion and a price-to-earnings ratio of 9.63.

The company also recently disclosed a dividend, which will be paid on Tuesday, May 21st. Investors of record on Thursday, April 11th will be given a GBX 14.30 ($0.19) dividend. This is a positive change from Standard Life Aberdeen’s previous dividend of $7.30. This represents a yield of 5.7%. The ex-dividend date of this dividend is Thursday, April 11th. Standard Life Aberdeen’s dividend payout ratio is 0.79%.

A number of research analysts have weighed in on the stock. Jefferies Financial Group cut their price objective on shares of Standard Life Aberdeen from GBX 488 ($6.38) to GBX 361 ($4.72) and set a “buy” rating for the company in a report on Tuesday, April 9th. JPMorgan Chase & Co. lowered their target price on shares of Standard Life Aberdeen from GBX 365 ($4.77) to GBX 350 ($4.57) and set an “overweight” rating for the company in a report on Wednesday, March 20th. Goldman Sachs Group restated a “buy” rating and issued a GBX 315 ($4.12) target price (up previously from GBX 310 ($4.05)) on shares of Standard Life Aberdeen in a report on Monday, April 1st. Barclays cut shares of Standard Life Aberdeen to an “equal weight” rating and lowered their target price for the company from GBX 338 ($4.42) to GBX 295 ($3.85) in a report on Friday, April 12th. Finally, Deutsche Bank cut shares of Standard Life Aberdeen to a “hold” rating and lowered their target price for the company from GBX 405 ($5.29) to GBX 295 ($3.85) in a report on Monday, January 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. Standard Life Aberdeen currently has an average rating of “Buy” and an average price target of GBX 331.83 ($4.34).

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Standard Life Aberdeen Company Profile

Standard Life Aberdeen plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.

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