News coverage about Safety Insurance Group (NASDAQ:SAFT) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Safety Insurance Group earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the insurance provider an impact score of 44.5108801889893 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Safety Insurance Group (NASDAQ:SAFT) traded down $0.45 on Friday, reaching $80.40. 32,938 shares of the company’s stock traded hands, compared to its average volume of 58,647. The firm has a market cap of $1,224.96, a PE ratio of 19.37 and a beta of 0.78. 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 paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend was Thursday, November 30th. Safety Insurance Group’s dividend payout ratio (DPR) is presently 77.11%.
In related news, Director David F. Brussard sold 1,505 shares of Safety Insurance Group stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $80.01, for a total transaction of $120,415.05. Following the transaction, the director now owns 12,077 shares of the company’s stock, valued at approximately $966,280.77. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP David E. Krupa sold 7,000 shares of Safety Insurance Group stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $80.30, for a total transaction of $562,100.00. Following the completion of the transaction, the vice president now directly owns 22,925 shares in the company, valued at approximately $1,840,877.50. The disclosure for this sale can be found here. Insiders sold a total of 26,505 shares of company stock worth $2,150,166 in the last ninety days. Insiders own 4.90% of the company’s stock.
TRADEMARK VIOLATION NOTICE: This piece was first posted by Week Herald and is owned by of Week Herald. If you are accessing this piece on another domain, it was copied illegally and reposted in violation of US & international copyright laws. The correct version of this piece can be read at https://weekherald.com/2017/12/30/safety-insurance-group-saft-receiving-somewhat-positive-media-coverage-accern-reports.html.
About Safety Insurance Group
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.
Receive News & Ratings for Safety Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safety Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.