Media stories about Safety Insurance Group (NASDAQ:SAFT) have been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Safety Insurance Group earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news headlines about the insurance provider an impact score of 44.6005444435436 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Safety Insurance Group (NASDAQ:SAFT) opened at $79.50 on Friday. The company has a market capitalization of $1,206.78, a P/E ratio of 19.16 and a beta of 0.79. Safety Insurance Group has a 52-week low of $65.75 and a 52-week high of $84.00.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $3.20 annualized dividend and a dividend yield of 4.03%. Safety Insurance Group’s dividend payout ratio (DPR) is 77.11%.
Several equities analysts have issued reports on SAFT shares. BidaskClub lowered shares of Safety Insurance Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 7th. Compass Point lowered shares of Safety Insurance Group from a “neutral” rating to a “sell” rating in a report on Monday, October 16th.
In other news, Director David F. Brussard sold 451 shares of the firm’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $80.01, for a total transaction of $36,084.51. Following the transaction, the director now owns 12,077 shares in the company, valued at $966,280.77. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP David E. Krupa sold 7,000 shares of the firm’s stock in a transaction on Friday, December 28th. The shares were sold at an average price of $80.30, for a total value of $562,100.00. Following the transaction, the vice president now owns 22,925 shares in the company, valued at approximately $1,840,877.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 33,505 shares of company stock valued at $2,712,266. Corporate insiders own 4.90% of the company’s stock.
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Safety Insurance Group Company Profile
Safety Insurance Group, Inc is a provider of private passenger automobile insurance. The Company offers a portfolio of property and casualty insurance products. The Company is engaged in property and casualty insurance operations. The Company’s product line includes private passenger automobile, commercial automobile, homeowners, business owners’ policies, personal umbrella, dwelling fire, commercial umbrella, inland marine and watercraft.
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