The Weir Group PLC (LON:WEIR - Get Free Report) insider Jon Stanton sold 29,222 shares of the firm's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of GBX 2,183 ($29.03), for a total value of £637,916.26 ($848,180.11).
Jon Stanton also recently made the following trade(s):
- On Friday, April 11th, Jon Stanton sold 5,119 shares of The Weir Group stock. The shares were sold at an average price of GBX 2,107 ($28.01), for a total transaction of £107,857.33 ($143,408.23).
The Weir Group Trading Down 1.2 %
WEIR traded down GBX 26 ($0.35) during mid-day trading on Friday, hitting GBX 2,148 ($28.56). 287,465 shares of the stock were exchanged, compared to its average volume of 2,284,888. The firm's fifty day moving average is GBX 2,290.22 and its two-hundred day moving average is GBX 2,238.94. The Weir Group PLC has a 1-year low of GBX 1,832 ($24.36) and a 1-year high of GBX 2,496 ($33.19). The company has a market cap of £5.53 billion, a PE ratio of 25.24, a PEG ratio of 2.59 and a beta of 1.41. The company has a current ratio of 2.07, a quick ratio of 1.16 and a debt-to-equity ratio of 80.30.
The Weir Group (LON:WEIR - Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The company reported GBX 120 ($1.60) EPS for the quarter. The Weir Group had a net margin of 8.60% and a return on equity of 12.79%. Equities analysts forecast that The Weir Group PLC will post 136.0509554 earnings per share for the current fiscal year.
The Weir Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, April 17th will be paid a GBX 22.10 ($0.29) dividend. This is an increase from The Weir Group's previous dividend of $17.90. The ex-dividend date is Thursday, April 17th. This represents a dividend yield of 0.92%. The Weir Group's payout ratio is 45.83%.
Wall Street Analysts Forecast Growth
Separately, Royal Bank of Canada upped their price objective on shares of The Weir Group from GBX 2,500 ($33.24) to GBX 2,700 ($35.90) and gave the stock an "outperform" rating in a report on Monday, March 3rd.
Check Out Our Latest Stock Analysis on The Weir Group
About The Weir Group
(
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The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.
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