abrdn plc (LON:ABDN) Insider Sells £142,952.03 in Stock

abrdn plc (LON:ABDN) insider Jason Windsor sold 84,587 shares of abrdn stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of GBX 169 ($2.19), for a total value of £142,952.03 ($185,027.22).

abrdn Trading Up 0.1 %

LON:ABDN opened at GBX 159.90 ($2.07) on Friday. The firm has a market capitalization of £2.86 billion, a P/E ratio of 9.09, a P/E/G ratio of 12.70 and a beta of 1.25. The company has a quick ratio of 24.97, a current ratio of 225.80 and a debt-to-equity ratio of 12.25. The company has a fifty day moving average of GBX 160.95 and a 200 day moving average of GBX 150.52. abrdn plc has a 52 week low of GBX 130.50 ($1.69) and a 52 week high of GBX 186.48 ($2.41).

abrdn (LON:ABDN) last issued its quarterly earnings data on Tuesday, March 4th. The company reported GBX 15.20 ($0.20) earnings per share for the quarter. abrdn had a return on equity of 6.46% and a net margin of 21.19%. On average, research analysts predict that abrdn plc will post 15.2266152 earnings per share for the current year.

abrdn Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Thursday, March 27th will be issued a GBX 7.30 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a yield of 4.17%. abrdn’s dividend payout ratio (DPR) is 85.27%.

Analysts Set New Price Targets

Separately, Citigroup upped their price target on shares of abrdn from GBX 140 ($1.81) to GBX 172 ($2.23) and gave the stock a “neutral” rating in a report on Thursday, March 6th.

About abrdn

aberdeen is a Wealth & Investments group that connects investors to the expertise, tools, and solutions they need to grow and manage their wealth with confidence.

We are structured around three businesses – interactive investor, Adviser and Investments. As a diversified group, we have positioned ourselves for growth in a changing investment landscape.