Insider Selling: WSP Global Inc. (TSE:WSP) Senior Officer Sells 6,715 Shares of Stock

WSP Global Inc. (TSE:WSP - Get Free Report) Senior Officer Mark Naysmith sold 6,715 shares of the firm's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of C$281.34, for a total transaction of C$1,889,184.67.

WSP Global Trading Up 0.1%

Shares of WSP traded up C$0.42 during mid-day trading on Friday, reaching C$282.08. The stock had a trading volume of 778,587 shares, compared to its average volume of 243,484. The company has a debt-to-equity ratio of 80.45, a current ratio of 1.26 and a quick ratio of 1.04. WSP Global Inc. has a 52-week low of C$201.24 and a 52-week high of C$284.15. The business's fifty day moving average is C$253.17 and its 200 day moving average is C$250.69. The firm has a market cap of C$36.39 billion, a price-to-earnings ratio of 53.90, a P/E/G ratio of 1.09 and a beta of 0.82.

WSP Global Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend was Monday, March 31st. WSP Global's dividend payout ratio (DPR) is presently 28.66%.

Analyst Upgrades and Downgrades

WSP has been the subject of a number of research analyst reports. Scotiabank lifted their price objective on shares of WSP Global from C$281.00 to C$283.00 in a report on Wednesday, February 19th. CIBC lifted their price objective on shares of WSP Global from C$295.00 to C$296.00 in a research report on Thursday, April 17th. Stifel Nicolaus cut their price objective on shares of WSP Global from C$310.00 to C$300.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. Canaccord Genuity Group cut their price objective on shares of WSP Global from C$305.00 to C$300.00 in a research report on Thursday, April 10th. Finally, TD Securities boosted their target price on shares of WSP Global from C$298.00 to C$307.00 and gave the stock a "buy" rating in a research report on Monday, May 12th. One analyst has rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of C$283.92.

WSP Global Company Profile

WSP Global Inc provides engineering and design services to clients in the Transportation & Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).