WSP Global Inc. (TSE:WSP) Senior Officer Mark Naysmith Sells 6,715 Shares

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

WSP Global Stock Up 0.6%

Shares of WSP stock traded up C$1.62 during mid-day trading on Monday, reaching C$282.83. 225,709 shares of the company's stock traded hands, compared to its average volume of 248,829. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. The company's 50-day moving average price is C$253.17 and its 200-day moving average price is C$250.77. The company has a market cap of C$36.49 billion, a P/E ratio of 54.05, a P/E/G ratio of 1.09 and a beta of 0.82. WSP Global Inc. has a 12 month low of C$202.01 and a 12 month high of C$284.15.

WSP Global Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Canaccord Genuity Group lowered their target price on WSP Global from C$305.00 to C$300.00 in a research note on Thursday, April 10th. BMO Capital Markets raised their target price on shares of WSP Global from C$284.00 to C$294.00 in a report on Thursday, February 27th. UBS Group increased their price target on shares of WSP Global from C$274.00 to C$285.00 in a research report on Wednesday, March 5th. Stifel Nicolaus decreased 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. Finally, Scotiabank increased their target price on shares of WSP Global from C$281.00 to C$283.00 in a report on Wednesday, February 19th. One investment analyst has rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of C$283.92.

About WSP Global

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).