Sophos Group PLC (LON:SOPH) announced a dividend on Thursday, May 16th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 19th will be paid a dividend of $0.04 per share on Friday, October 11th. This represents a yield of 0.75%. The ex-dividend date of this dividend is Thursday, September 19th. This is a boost from Sophos Group’s previous dividend of $0.02. The official announcement can be seen at this link.
Shares of LON:SOPH opened at GBX 386.10 ($5.05) on Thursday. Sophos Group has a 52-week low of GBX 273.40 ($3.57) and a 52-week high of GBX 645.50 ($8.43). The company has a debt-to-equity ratio of 177.39, a current ratio of 0.64 and a quick ratio of 0.61. The company has a market capitalization of $1.84 billion and a price-to-earnings ratio of -104.35.
In other Sophos Group news, insider Nick Bray sold 1,910 shares of Sophos Group stock in a transaction on Friday, March 1st. The shares were sold at an average price of GBX 329 ($4.30), for a total value of £6,283.90 ($8,211.03). Also, insider Kris Hagerman sold 10,264 shares of Sophos Group stock in a transaction on Thursday, March 14th. The stock was sold at an average price of GBX 329 ($4.30), for a total transaction of £33,768.56 ($44,124.60).
A number of analysts have recently weighed in on SOPH shares. UBS Group reissued a “buy” rating and set a GBX 400 ($5.23) price target (down previously from GBX 440 ($5.75)) on shares of Sophos Group in a research report on Monday, January 21st. Numis Securities raised shares of Sophos Group to a “buy” rating and decreased their price target for the stock from GBX 420 ($5.49) to GBX 385 ($5.03) in a research report on Friday, January 18th. Shore Capital reissued a “buy” rating on shares of Sophos Group in a research report on Friday, January 18th. Liberum Capital reissued a “hold” rating on shares of Sophos Group in a research report on Thursday. Finally, Deutsche Bank reissued a “hold” rating on shares of Sophos Group in a research report on Monday, April 1st. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Sophos Group has an average rating of “Buy” and a consensus price target of GBX 366.71 ($4.79).
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About Sophos Group
Sophos Group plc, through its subsidiaries, provides cloud-enabled end-user and network security solutions. The company offers XG Firewall, a next-generation firewall protection for network, users, and applications from new control center; SG UTM, a user interface to protect network and users; Secure Wi-Fi, a wireless access point; Secure Web Gateway for Web security; Secure Email Gateway solutions; and Phish Threat, an email phishing test simulation and training product.
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