Quilter Director Acquires Shares Through Dividend Reinvestment

Quilter ( (GB:QLT) ) has provided an announcement.

Quilter plc announced that Chris Samuel, a Non-executive Director, acquired 516 ordinary shares through dividend reinvestment at a price of £1.601235 per share. This transaction, conducted on the London Stock Exchange, highlights the ongoing engagement of Quilter’s leadership in the company’s financial activities, potentially reinforcing stakeholder confidence in its market strategies.

The most recent analyst rating on (GB:QLT) stock is a Buy with a £175.00 price target. To see the full list of analyst forecasts on Quilter stock, see the GB:QLT Stock Forecast page.

Spark’s Take on GB:QLT Stock

According to Spark, TipRanks’ AI Analyst, GB:QLT is a Neutral.

Quilter’s overall stock score is influenced by its solid cash flow and strategic corporate events, which bolster confidence. However, challenges in consistent revenue generation and negative valuation indicators weigh on the score. Strong technical momentum and high dividend yield provide additional support, but the lack of recent earnings call data leaves some uncertainty.

To see Spark’s full report on GB:QLT stock, click here.

More about Quilter

Quilter plc operates in the financial services industry, primarily focusing on wealth management and investment solutions. The company provides a range of services including financial planning, investment management, and advice to individual and institutional clients.

YTD Price Performance: 8.07%

Average Trading Volume: 1,897,467

Technical Sentiment Signal: Buy

Current Market Cap: £2.18B

For detailed information about QLT stock, go to TipRanks’ Stock Analysis page.