Clarkson PLC (LON:CKN) Insider Jeff Woyda Sells 18,773 Shares

Clarkson PLC (LON:CKN) insider Jeff Woyda sold 18,773 shares of the stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of GBX 4,075 ($50.73), for a total value of £764,999.75 ($952,321.36).

Clarkson Stock Up 0.2 %

CKN opened at GBX 4,020 ($50.04) on Thursday. Clarkson PLC has a 1-year low of GBX 2,500 ($31.12) and a 1-year high of GBX 4,145 ($51.60). The company has a current ratio of 1.59, a quick ratio of 1.69 and a debt-to-equity ratio of 9.46. The stock has a market capitalization of £1.23 billion, a price-to-earnings ratio of 1,467.15 and a beta of 1.16. The business has a 50 day moving average of GBX 3,816.29 and a 200-day moving average of GBX 3,304.12.

Clarkson Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 24th. Stockholders of record on Thursday, May 9th will be given a GBX 72 ($0.90) dividend. This represents a dividend yield of 1.96%. This is a boost from Clarkson’s previous dividend of $30.00. The ex-dividend date is Thursday, May 9th. Clarkson’s dividend payout ratio is currently 3,722.63%.

Analysts Set New Price Targets

Several equities analysts have commented on CKN shares. Canaccord Genuity Group increased their price target on Clarkson from GBX 4,325 ($53.84) to GBX 4,500 ($56.02) and gave the company a “buy” rating in a report on Tuesday, March 5th. JPMorgan Chase & Co. increased their price objective on Clarkson from GBX 4,080 ($50.79) to GBX 4,320 ($53.78) and gave the company an “overweight” rating in a research report on Tuesday, March 5th.

About Clarkson

Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as futures broking operation.