The Weir Group PLC (LON:WEIR) Insider Brian Puffer Sells 27,466 Shares of Stock

by · The Cerbat Gem

The Weir Group PLC (LON:WEIR – Get Free Report) insider Brian Puffer sold 27,466 shares of The Weir Group stock in a transaction on Monday, March 31st. The stock was sold at an average price of GBX 2,302 ($30.16), for a total transaction of £632,267.32 ($828,442.51).

Brian Puffer also recently made the following trade(s):

  • On Friday, February 28th, Brian Puffer sold 9,794 shares of The Weir Group stock. The stock was sold at an average price of GBX 2,414 ($31.63), for a total transaction of £236,427.16 ($309,784.01).

The Weir Group Stock Down 3.2 %

Shares of LON:WEIR opened at GBX 2,212 ($28.98) on Friday. The company’s fifty day moving average is GBX 2,362.32 and its two-hundred day moving average is GBX 2,243.41. The company has a debt-to-equity ratio of 80.30, a quick ratio of 1.16 and a current ratio of 2.07. The Weir Group PLC has a 1-year low of GBX 1,832 ($24.00) and a 1-year high of GBX 2,496 ($32.70). The stock has a market capitalization of £5.70 billion, a price-to-earnings ratio of 25.99, a price-to-earnings-growth ratio of 2.59 and a beta of 1.41.

The Weir Group (LON:WEIR – Get Free Report) last released its quarterly earnings data on Friday, February 28th. The company reported GBX 120 ($1.57) earnings per share for the quarter. The Weir Group had a net margin of 8.60% and a return on equity of 12.79%. Equities analysts anticipate that The Weir Group PLC will post 136.0509554 EPS for the current year.

The Weir Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, April 17th will be issued a dividend of GBX 22.10 ($0.29) per share. This is an increase from The Weir Group’s previous dividend of $17.90. The ex-dividend date of this dividend is Thursday, April 17th. This represents a dividend yield of 0.92%. The Weir Group’s payout ratio is 45.83%.

Analyst Ratings Changes

Separately, Royal Bank of Canada boosted their price objective on The Weir Group from GBX 2,500 ($32.76) to GBX 2,700 ($35.38) and gave the company an “outperform” rating in a report on Monday, March 3rd.

Read Our Latest Report on WEIR

The Weir Group Company Profile

(Get Free Report)

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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