Weir Group PLC (WEIR) Declares Dividend of GBX 15
Weir Group PLC (LON:WEIR) announced a dividend on Thursday, July 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 21st will be paid a dividend of GBX 15 ($0.20) per share on Friday, November 3rd. This represents a yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 21st. The official announcement can be seen at this link.
Shares of Weir Group PLC (LON WEIR) traded down 2.04% on Thursday, hitting GBX 1876.00. The stock had a trading volume of 1,766,470 shares. Weir Group PLC has a 12-month low of GBX 1,379.00 and a 12-month high of GBX 2,096.00. The stock has a 50 day moving average of GBX 1,820.84 and a 200 day moving average of GBX 1,905.47. The firm’s market cap is GBX 4.08 billion.
In other Weir Group PLC news, insider Jon Stanton sold 11,909 shares of the firm’s stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of GBX 1,920 ($25.01), for a total transaction of £228,652.80 ($297,880.15).
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WEIR has been the topic of several analyst reports. Numis Securities Ltd reiterated a ” hold” rating and issued a GBX 1,900 ($24.75) price objective on shares of Weir Group PLC in a research note on Friday, April 28th. Citigroup Inc. reiterated a “buy” rating and issued a GBX 2,270 ($29.57) price objective on shares of Weir Group PLC in a research note on Friday, April 28th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a GBX 2,150 ($28.01) price objective on shares of Weir Group PLC in a research note on Thursday, April 6th. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 2,300 ($29.96) price objective on shares of Weir Group PLC in a research note on Thursday, April 6th. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of Weir Group PLC in a research note on Friday, May 5th. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,915.79 ($24.96).
About Weir Group PLC
The Weir Group PLC is a United Kingdom-based company, which is engaged in engineering businesses. The Company’s business operates through three segments: Minerals, Oil & Gas, and Flow Control. The Minerals segment is engaged in the provision of slurry handling equipment and associated aftermarket support for abrasive high wear applications used in the mining and oil sands markets.
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