WPP plc (LON:WPP) Insider Sells £320,119.28 in Stock

WPP plc (LON:WPP - Get Free Report) insider Andrew Scott sold 50,492 shares of the company's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of GBX 634 ($8.19), for a total value of £320,119.28 ($413,323.80).

WPP Stock Down 0.6 %

Shares of WPP stock traded down GBX 3.77 ($0.05) on Friday, reaching GBX 626.83 ($8.09). 7,827,242 shares of the company were exchanged, compared to its average volume of 3,326,708. WPP plc has a one year low of GBX 604.20 ($7.80) and a one year high of GBX 903 ($11.66). The company has a market capitalization of £6.76 billion, a price-to-earnings ratio of 33.11, a PEG ratio of 13.47 and a beta of 1.13. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 215.67. The company has a 50-day moving average of GBX 715.33 and a 200 day moving average of GBX 774.29.

WPP (LON:WPP - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported GBX 50.30 ($0.65) earnings per share (EPS) for the quarter. WPP had a return on equity of 5.92% and a net margin of 1.37%. On average, equities research analysts forecast that WPP plc will post 81.6125654 earnings per share for the current year.

WPP Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 4th. Investors of record on Thursday, June 5th will be paid a GBX 24.40 ($0.32) dividend. This represents a yield of 3.91%. The ex-dividend date is Thursday, June 5th. This is a boost from WPP's previous dividend of $15.00. WPP's dividend payout ratio is 206.02%.

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Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. dropped their price objective on WPP from GBX 1,040 ($13.43) to GBX 960 ($12.40) and set a "neutral" rating on the stock in a research note on Tuesday, January 7th.

About WPP

WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities. At WPP we're reinventing creativity on an ever-broader canvas, bringing together unrivalled talent, resources and skills to provide an integrated offer of communications, experience, commerce and technology for clients.