WPP plc (LON:WPP) Insider Sells £320,119.28 in Stock

WPP plc (LON:WPP) insider Andrew Scott sold 50,492 shares of the company’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of GBX 634 ($8.25), for a total transaction of £320,119.28 ($416,442.41).

WPP Stock Down 0.4 %

WPP stock opened at GBX 621.40 ($8.08) on Thursday. WPP plc has a fifty-two week low of GBX 604.20 ($7.86) and a fifty-two week high of GBX 903 ($11.75). The firm has a market capitalization of £6.70 billion, a price-to-earnings ratio of 32.83, a price-to-earnings-growth ratio of 13.47 and a beta of 1.13. The stock’s fifty day moving average is GBX 719.39 and its two-hundred day moving average is GBX 775.63. The company has a debt-to-equity ratio of 215.67, a quick ratio of 0.89 and a current ratio of 0.89.

WPP (LON:WPP) last issued its quarterly earnings data on Thursday, February 27th. The company reported GBX 50.30 ($0.65) EPS for the quarter. WPP had a net margin of 1.37% and a return on equity of 5.92%. Analysts predict that WPP plc will post 81.6125654 EPS for the current fiscal year.

WPP Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 4th. Stockholders of record on Thursday, June 5th will be paid a dividend of GBX 24.40 ($0.32) per share. This represents a dividend yield of 3.91%. This is a boost from WPP’s previous dividend of $15.00. The ex-dividend date is Thursday, June 5th. WPP’s dividend payout ratio (DPR) is 206.02%.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. lowered their target price on shares of WPP from GBX 1,040 ($13.53) to GBX 960 ($12.49) and set a “neutral” rating on the stock in a research report on Tuesday, January 7th.

WPP Company Profile

WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities.

At WPP we’re reinventing creativity on an ever-broader canvas, bringing together unrivalled talent, resources and skills to provide an integrated offer of communications, experience, commerce and technology for clients.