Direct Line Insurance Group (LON:DLG) PT Lowered to GBX 331

Direct Line Insurance Group (LON:DLG) had its price target lowered by equities research analysts at Berenberg Bank from GBX 344 ($4.49) to GBX …

Direct Line Insurance Group logoDirect Line Insurance Group (LON:DLG) had its price target lowered by equities research analysts at Berenberg Bank from GBX 344 ($4.49) to GBX 331 ($4.33) in a research note issued to investors on Thursday, August 29th, Digital Look reports. The brokerage presently has a “hold” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 9.64% from the stock’s previous close.

A number of other research firms have also recently commented on DLG. UBS Group reiterated a “buy” rating on shares of Direct Line Insurance Group in a research report on Monday, July 29th. Morgan Stanley reissued an “overweight” rating on shares of Direct Line Insurance Group in a research note on Wednesday, June 19th. JPMorgan Chase & Co. decreased their price target on Direct Line Insurance Group from GBX 360 ($4.70) to GBX 345 ($4.51) and set a “neutral” rating on the stock in a research note on Monday, July 8th. Shore Capital reaffirmed a “buy” rating on shares of Direct Line Insurance Group in a research note on Wednesday, July 31st. Finally, Peel Hunt reaffirmed an “add” rating and issued a GBX 350 ($4.57) price objective (up from GBX 345 ($4.51)) on shares of Direct Line Insurance Group in a research note on Monday, July 29th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. Direct Line Insurance Group presently has a consensus rating of “Hold” and a consensus price target of GBX 354.36 ($4.63).

Shares of DLG stock opened at GBX 301.90 ($3.94) on Thursday. The stock has a market cap of $4.15 billion and a P/E ratio of 9.68. The business has a fifty day simple moving average of GBX 303.49 and a 200-day simple moving average of GBX 329.03. Direct Line Insurance Group has a fifty-two week low of GBX 278.80 ($3.64) and a fifty-two week high of GBX 366.60 ($4.79). The company has a quick ratio of 0.34, a current ratio of 0.55 and a debt-to-equity ratio of 16.68.

About Direct Line Insurance Group

Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. It operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. The company offers personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance for small and medium-sized enterprises.

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Analyst Recommendations for Direct Line Insurance Group (LON:DLG)

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As Voya Finl (VOYA) Share Value Rose, Lomas Capital Management Cut by $3.31 Million Its …

Some Historical IBM News: 14/05/2018 – Zerto Wins Big at The Channel Company’s Annual Midsize Enterprise Summit; 21/03/2018 – IBM Watson, …

Voya Financial, Inc. (NYSE:VOYA) Logo

Allsquare Wealth Management Llc decreased its stake in Intl Business Machines (IBM) by 51.48% based on its latest 2019Q2 regulatory filing with the SEC. Allsquare Wealth Management Llc sold 2,318 shares as the company’s stock rose 5.46% . The institutional investor held 2,185 shares of the computer manufacturing company at the end of 2019Q2, valued at $301,000, down from 4,503 at the end of the previous reported quarter. Allsquare Wealth Management Llc who had been investing in Intl Business Machines for a number of months, seems to be less bullish one the $126.47 billion market cap company. The stock decreased 0.58% or $0.84 during the last trading session, reaching $142.76. About 87,408 shares traded. International Business Machines Corporation (NYSE:IBM) has risen 1.89% since September 12, 2018 and is uptrending. It has outperformed by 1.89% the S&P500. Some Historical IBM News: 14/05/2018 – Zerto Wins Big at The Channel Company’s Annual Midsize Enterprise Summit; 21/03/2018 – IBM Watson, Mastercard, Walmart, CBS and PepsiCo Executives to Speak at the ARF’s CONSUMERxSClENCE; 20/03/2018 – IBM Launches Watson Data Kits to Help Accelerate Enterprise Al Adoption; 25/04/2018 – Techedge picks Banca Imi, Intermonte and NCTM for STAR IPO; 17/04/2018 – IBM Had $3 Billion Remaining in Current Share Repurchase Authorization at End of March; 24/05/2018 – IBM Leads ‘Call for Code’ to Use Cloud, Data, AI, Blockchain for Natural Disaster Relief; 15/05/2018 – BERKSHIRE HATHAWAY DISSOLVES SHARE STAKE IN GRAHAM HOLDINGS CO -SEC FILING; 27/03/2018 – ITALY’S CARIGE SAYS APPROVES DEAL WITH IBM FOR OUTSOURCING ITS IT SYSTEM; 14/05/2018 – IBM Executives Press U.S. Lawmakers Not to Adopt EU Privacy Law; 30/05/2018 – Dr. Vanila M. Singh to Join Oracle, IBM, and Wipro at Tulip’s Inaugural Blockchain Conference

Lomas Capital Management Llc decreased its stake in Voya Finl Inc (VOYA) by 8.69% based on its latest 2019Q2 regulatory filing with the SEC. Lomas Capital Management Llc sold 60,148 shares as the company’s stock rose 3.14% . The hedge fund held 631,784 shares of the finance company at the end of 2019Q2, valued at $34.94 million, down from 691,932 at the end of the previous reported quarter. Lomas Capital Management Llc who had been investing in Voya Finl Inc for a number of months, seems to be less bullish one the $7.51B market cap company. The stock decreased 0.17% or $0.09 during the last trading session, reaching $53.24. About 70,733 shares traded. Voya Financial, Inc. (NYSE:VOYA) has risen 10.03% since September 12, 2018 and is uptrending. It has outperformed by 10.03% the S&P500. Some Historical VOYA News: 08/03/2018 – U.S. SEC SAYS VOYA ADVISERS AGREE TO REPAY CLIENTS AND SETTLE CHARGES THAT THEY FAILED TO DISCLOSE SECURITIES LENDING CONFLICT; 04/04/2018 – BofA Finance LLC Launches Offering of Cash-Settled Equity-Linked Notes Linked to the Common Stk of Voya Fincl, Inc. Due May 1, 2023; 17/04/2018 – S&PGR Assigns Voya CLO 2014-1 Prelim Rtgs Re: Refinancing; 30/04/2018 – Voya Real Estate Adds Healthcare Realty, Buys More SL Green; 29/03/2018 – S&PGR Assigns Ratings To 7 Classes From Voya CLO 2013-2 Ltd; 24/05/2018 – Dina Santoro Appointed to the Board of Trustees for Several of Voya Investment Management’s Funds; 30/04/2018 – Voya MidCap Opportunities Adds NetApp, Exits Amphenol; 16/05/2018 – Moody’s assigns definitive ratings to seven classes of notes issued by Voya Euro CLO l Designated Activity Company; 30/04/2018 – Voya SmallCap Opportunities Adds Envestnet; 01/05/2018 – Voya Financial Closes Below 50-Day Moving Average: Technicals

Lomas Capital Management Llc, which manages about $667.52M and $930.19 million US Long portfolio, upped its stake in Pdvwireless Inc by 1.00 million shares to 1.43 million shares, valued at $67.17 million in 2019Q2, according to the filing. It also increased its holding in Barrick Gold Corporation (NYSE:ABX) by 1.56M shares in the quarter, for a total of 4.30 million shares, and has risen its stake in American Finl Group Inc Ohio (NYSE:AFG).

Since May 31, 2019, it had 2 buys, and 0 sales for $100,557 activity.

Analysts await Voya Financial, Inc. (NYSE:VOYA) to report earnings on October, 29. They expect $1.40 earnings per share, up 4.48% or $0.06 from last year’s $1.34 per share. VOYA’s profit will be $197.46 million for 9.51 P/E if the $1.40 EPS becomes a reality. After $1.52 actual earnings per share reported by Voya Financial, Inc. for the previous quarter, Wall Street now forecasts -7.89% negative EPS growth.

Investors sentiment decreased to 0.87 in 2019 Q2. Its down 0.14, from 1.01 in 2019Q1. It dropped, as 25 investors sold VOYA shares while 123 reduced holdings. 44 funds opened positions while 85 raised stakes. 139.55 million shares or 3.86% less from 145.15 million shares in 2019Q1 were reported. Legal General Public Limited Com reported 998,868 shares. 531 are owned by Brown Brothers Harriman. Korea Invest owns 276,910 shares or 0.07% of their US portfolio. Moreover, Renaissance Tech Ltd has 0% invested in Voya Financial, Inc. (NYSE:VOYA) for 92,800 shares. Smith Asset Mgmt Group Incorporated Ltd Partnership holds 0.87% in Voya Financial, Inc. (NYSE:VOYA) or 473,050 shares. Us Bankshares De reported 1,438 shares. Aviva Public Ltd reported 54,827 shares. Atria Invs Limited Liability Corporation stated it has 14,554 shares or 0.01% of all its holdings. Brown Advisory Securities Lc has invested 0.2% in Voya Financial, Inc. (NYSE:VOYA). M&T Bank Corp owns 9,004 shares. Manufacturers Life Insurance The has invested 0.02% in Voya Financial, Inc. (NYSE:VOYA). Riverhead Cap Management Limited Co stated it has 0.26% in Voya Financial, Inc. (NYSE:VOYA). Snow Capital Lp has 322,189 shares. Stone Ridge Asset Mngmt Ltd Liability invested in 0.06% or 19,033 shares. Macquarie Grp Limited accumulated 3,693 shares.

More notable recent Voya Financial, Inc. (NYSE:VOYA) news were published by: Finance.Yahoo.com which released: “If You Had Bought Voya Financial (NYSE:VOYA) Stock Three Years Ago, You Could Pocket A 68% Gain Today – Yahoo Finance” on April 29, 2019, also Finance.Yahoo.com with their article: “What Does Voya Financial, Inc.’s (NYSE:VOYA) Share Price Indicate? – Yahoo Finance” published on July 18, 2019, Tucson.com published: “Voya Equity Closed End Funds Declare Distributions | Business News – Arizona Daily Star” on August 15, 2019. More interesting news about Voya Financial, Inc. (NYSE:VOYA) were released by: Finance.Yahoo.com and their article: “Voya Financial, Inc. (NYSE:VOYA) Passed Our Checks, And It’s About To Pay A 0.3% Dividend – Yahoo Finance” published on August 23, 2019 as well as Finance.Yahoo.com‘s news article titled: “Voya Financial Releases 2018/2019 Impact Report: A Secure Financial Future for All – Yahoo Finance” with publication date: August 28, 2019.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Bizjournals.com which released: “Mayo Clinic taps Google for AI partnership – Phoenix Business Journal” on September 10, 2019, also Investorplace.com with their article: “IBM Stock and Jim Whitehurst’s Toughest Test – Investorplace.com” published on August 22, 2019, Finance.Yahoo.com published: “IBM and Å KODA AUTO University Collaborate on new Digital Skills for Students – Yahoo Finance” on September 11, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Finance.Yahoo.com and their article: “Win the Cloud Wars with a Position in IBM Stock – Yahoo Finance” published on September 09, 2019 as well as Seekingalpha.com‘s news article titled: “Wait on IT hardware stocks, says Bernstein – Seeking Alpha” with publication date: September 10, 2019.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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Why The iSignthis (ASX:ISX) Share Price Could Be A Big Mover

At the end of August 2019 the financial technology business reported that its annualised monthly gross processing turnover volume (GPTV) has …

The iSignthis Ltd (ASX: ISX) share price could be a big mover today after announcing an operational update.

iSignthis is listed on the ASX and Frankfurt Stock Exchange. It provides remote identity verification and payment authentication combined with e-money, transactional banking, IBAN issue and payment processing capability. Its products and businesses are iSignthis Paydentity, ISXPay, UAB Baltic Banking Service and Probanx Information Systems.

iSignthis’ Impressive Operational Update

At the end of August 2019 the financial technology business reported that its annualised monthly gross processing turnover volume (GPTV) has exceeded $1.1 billion, which is 160% higher than what it was at 30th June 2019.

The GPTV is the volume of funds processed by the company on behalf of any of its merchants. Meaning that the GPTV is the merchant’s revenue from which the company calculates and deducts fees.

Actual processed transactional volumes within the EU and Australia networks continue to grow in line with the management’s expectations as new business customers are brought onto the system.

Business customers at the end of August 2019 were up 28% to 270, up from 210 at 30 June 2019. iSignthis said that the underwriting/approvals team continues to work through a growing pipeline of business customer applications that has been generated by the sales team.

Group approvals continue to grow consistently in line with expectations according to the company.

The company will provide another GPTV update with the quarterly report for the third quarter of 2019.

Is The iSignthis Share Price A Buy?

iSignthis is growing operationally and on a revenue basis at a fast pace.

In the recent reporting season for the first half of 2019, iSignthis said that its operating revenue increased by 49% to $7.5 million and total revenue rose by 48% to $8.2 million.

In mid-May the company said it was cash flow positive and its half year loss improved to $0.7 million from a $2.9 million loss in the 2018 half year.

iSignthis is at the more speculative end of potential investments that I write about, but it could be one to watch if it continues to grow customers, transactions and revenue at this pace. It seems to have good network effects.

But, you may prefer to invest in the exciting growth shares in the free report below instead.

After searching through a market with over 2,000 shares, our lead expert investment analyst has narrowed it down to just 2 of his favourite rapid-growth shares in a FREE report to Rask Media readers.

Over the past five years, these two shares have gone from being ‘tiny caps’ to being serious contenders for the ASX 200.

Idea #1 is taking on the world, starting with the huge USA market. In a just a few short years the company has snatched market share away from rivals and is on its way to being the market leader.

Idea #2 uses a ‘printer and cartridge’ type model to get large and established customers: a) using their healthcare industry-leading product, b) paying for it again and again and again… so it’s little wonder this company is tipped to grow at a rapid pace in 2019.

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Disclaimer: Any information contained in this article is limited to general financial/investment advice only. The information has not taken into account your specific needs, goals or objectives, so please consider consulting a licenced and trusted adviser before acting on the information. Please read The Rask Group’s Financial Services Guide (FSG) for more information. This article is authorised by Owen Raszkiewicz of The Rask Group, which is a corporate authorised representative No. 1264179 of Strawman Pty Ltd (ACN: 610 908 211) (AFSL: 501 223).

At the time of publishing, Jaz does not have a financial interest in any of the companies mentioned.

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Berenberg Bank Trims Direct Line Insurance Group (LON:DLG) Target Price to GBX 331

Direct Line Insurance Group (LON:DLG) had its price objective decreased by investment analysts at Berenberg Bank from GBX 344 ($4.49) to GBX …

Direct Line Insurance Group logoDirect Line Insurance Group (LON:DLG) had its price objective decreased by investment analysts at Berenberg Bank from GBX 344 ($4.49) to GBX 331 ($4.33) in a research note issued to investors on Thursday, August 29th, Digital Look reports. The firm presently has a “hold” rating on the stock.

DLG has been the subject of a number of other reports. Shore Capital reaffirmed a “buy” rating on shares of Direct Line Insurance Group in a research note on Wednesday, July 31st. Peel Hunt reiterated an “add” rating and issued a GBX 350 ($4.57) target price (up from GBX 345 ($4.51)) on shares of Direct Line Insurance Group in a report on Monday, July 29th. Deutsche Bank reiterated a “hold” rating on shares of Direct Line Insurance Group in a report on Thursday, August 1st. Canaccord Genuity restated a “sell” rating and set a GBX 280 ($3.66) price target on shares of Direct Line Insurance Group in a report on Monday, August 5th. Finally, Numis Securities lowered shares of Direct Line Insurance Group to a “reduce” rating in a report on Thursday, May 9th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 354.36 ($4.63).

The company has a current ratio of 0.55, a quick ratio of 0.34 and a debt-to-equity ratio of 16.68. The firm’s fifty day simple moving average is GBX 305.87 and its 200-day simple moving average is GBX 329.75. The company has a market cap of $3.85 billion and a P/E ratio of 8.97. Direct Line Insurance Group has a 1 year low of GBX 281.90 ($3.68) and a 1 year high of GBX 366.60 ($4.79).

Direct Line Insurance Group Company Profile

Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. It operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. The company offers personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance for small and medium-sized enterprises.

Further Reading: What is the Book Value of a Share?

Analyst Recommendations for Direct Line Insurance Group (LON:DLG)

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Berenberg Bank Cuts Direct Line Insurance Group (LON:DLG) Price Target to GBX 331

Direct Line Insurance Group (LON:DLG) had its price target cut by stock analysts at Berenberg Bank from GBX 344 ($4.49) to GBX 331 ($4.33) in a …

Direct Line Insurance Group logoDirect Line Insurance Group (LON:DLG) had its price target cut by stock analysts at Berenberg Bank from GBX 344 ($4.49) to GBX 331 ($4.33) in a research note issued on Thursday, August 29th, Digital Look reports. The brokerage presently has a “hold” rating on the stock.

Several other analysts have also issued reports on DLG. Morgan Stanley reiterated an “overweight” rating on shares of Direct Line Insurance Group in a report on Wednesday, June 19th. Canaccord Genuity reissued a “sell” rating and set a GBX 280 ($3.66) target price on shares of Direct Line Insurance Group in a research report on Monday, August 5th. UBS Group reissued a “buy” rating on shares of Direct Line Insurance Group in a research report on Monday, July 29th. Numis Securities downgraded shares of Direct Line Insurance Group to a “reduce” rating in a research report on Thursday, May 9th. Finally, JPMorgan Chase & Co. lowered their price target on Direct Line Insurance Group from GBX 360 ($4.70) to GBX 345 ($4.51) and set a “neutral” rating on the stock in a research report on Monday, July 8th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. Direct Line Insurance Group has a consensus rating of “Hold” and a consensus target price of GBX 354.36 ($4.63).

The company has a debt-to-equity ratio of 16.68, a current ratio of 0.55 and a quick ratio of 0.34. Direct Line Insurance Group has a 1-year low of GBX 281.90 ($3.68) and a 1-year high of GBX 366.60 ($4.79). The firm has a 50-day simple moving average of GBX 305.87 and a two-hundred day simple moving average of GBX 329.75. The stock has a market capitalization of $3.85 billion and a price-to-earnings ratio of 8.97.

Direct Line Insurance Group Company Profile

Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. It operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. The company offers personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance for small and medium-sized enterprises.

See Also: What Is An Exchange-Traded Fund (ETF)?

Analyst Recommendations for Direct Line Insurance Group (LON:DLG)

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