Insider Selling: South Jersey Industries SVP Sells 1,785 Shares of Stock (SJI)
South Jersey Industries (NYSE:SJI) SVP Jeffrey E. Dubois sold 1,785 shares of the company’s stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $58.35, for a total value of $104,154.75. Following the completion of the sale, the senior vice president now directly owns 15,238 shares of the company’s stock, valued at approximately $889,137. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of South Jersey Industries (NYSE:SJI) traded down 0.06% on Friday, hitting $58.13. 132,054 shares of the company’s stock traded hands. South Jersey Industries has a one year low of $51.77 and a one year high of $62.28. The stock’s 50-day moving average is $56.65 and its 200-day moving average is $55.57. The company has a market cap of $1.891 billion and a P/E ratio of 21.66.
South Jersey Industries (NYSE:SJI) last posted its quarterly earnings results on Friday, May 9th. The company reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.44. During the same quarter in the previous year, the company posted $1.52 earnings per share. Analysts expect that South Jersey Industries will post $3.33 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, July 2nd. Investors of record on Tuesday, June 10th will be given a dividend of $0.4725 per share. This represents a $1.89 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date of this dividend is Friday, June 6th.
Separately, analysts at TheStreet upgraded shares of South Jersey Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, April 2nd.
South Jersey Industries, Inc (NYSE:SJI) is an energy services holding company.
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