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Quilter’s CIO Sells 60,000 Shares Amid Strategic Moves

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Quilter’s CIO Sells 60,000 Shares Amid Strategic Moves

Meet Your ETF AI Analyst

The latest update is out from Quilter ( (GB:QLT) ).

Quilter plc announced that Marcus Brookes, the Chief Investment Officer and Managing Director of Quilter Investors, sold 60,000 ordinary shares at a price of £1.84414 per share on the London Stock Exchange. This transaction may reflect strategic financial decisions by the company’s management and could influence investor perceptions regarding the company’s stock performance.

The most recent analyst rating on (GB:QLT) stock is a Hold with a £188.00 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 stock score is primarily influenced by its strong cash flow and stable balance sheet, which are offset by inconsistent revenue and profitability. The technical analysis shows positive momentum, but the valuation is weak due to negative earnings. The dividend yield provides some support, but overall, the stock faces significant challenges.

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

More about Quilter

Quilter plc operates in the financial services industry, specializing in wealth management solutions. The company offers a range of investment and advisory services aimed at helping clients manage their financial assets effectively.

Average Trading Volume: 2,076,978

Technical Sentiment Signal: Buy

Current Market Cap: £2.48B

See more data about QLT stock on TipRanks’ Stock Analysis page.

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