DS Smith plc (LON:SMDS) insider Adrian Marsh purchased 3,345 shares of the company’s stock in a transaction dated Wednesday, July 19th. The stock was bought at an average price of GBX 481 ($6.28) per share, with a total value of £16,089.45 ($21,009.99).

DS Smith plc (SMDS) traded up 0.86% on Wednesday, reaching GBX 482.10. The company’s stock had a trading volume of 2,089,078 shares. The firm has a 50 day moving average price of GBX 460.11 and a 200 day moving average price of GBX 442.79. DS Smith plc has a 52 week low of GBX 376.40 and a 52 week high of GBX 494.30. The stock’s market capitalization is GBX 4.58 billion.

The firm also recently announced a dividend, which will be paid on Wednesday, November 1st. Investors of record on Thursday, October 5th will be issued a dividend of GBX 10.60 ($0.14) per share. This is a positive change from DS Smith plc’s previous dividend of $4.60. The ex-dividend date is Thursday, October 5th. This represents a dividend yield of 2.2%.

ILLEGAL ACTIVITY WARNING: This story was first reported by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of United States & international trademark & copyright laws. The original version of this story can be accessed at https://www.americanbankingnews.com/2017/07/19/ds-smith-plc-lonsmds-insider-acquires-16089-45-in-stock.html.

A number of research analysts recently commented on SMDS shares. Numis Securities Ltd reiterated an “add” rating and issued a GBX 495 ($6.46) price objective on shares of DS Smith plc in a report on Thursday, April 27th. Peel Hunt reiterated a “buy” rating and issued a GBX 520 ($6.79) price objective on shares of DS Smith plc in a report on Thursday, June 29th. Citigroup Inc. reiterated a “buy” rating and issued a GBX 498 ($6.50) price objective on shares of DS Smith plc in a report on Thursday, June 29th. Jefferies Group LLC reiterated a “hold” rating and issued a GBX 460 ($6.01) price objective on shares of DS Smith plc in a report on Thursday, May 18th. Finally, Berenberg Bank reiterated a “hold” rating and issued a GBX 400 ($5.22) price objective on shares of DS Smith plc in a report on Tuesday, April 25th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 480.89 ($6.28).

About DS Smith plc

DS Smith Plc is a provider of corrugated packaging in Europe and plastic packaging across the world. The Company’s segments include UK, Western Europe, DCH and Northern Europe, Central Europe and Italy, and Plastics. The Company designs and manufactures plastic bags and taps and fitments for use in bag-in-box packaging for liquids.

Receive News & Ratings for DS Smith plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DS Smith plc and related companies with MarketBeat.com's FREE daily email newsletter.