BP p.l.c. (LON:BP) Insider Murray Auchincloss Acquires 100 Shares

BP p.l.c. (LON:BP) insider Murray Auchincloss purchased 100 shares of BP stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average cost of GBX 373 ($4.80) per share, with a total value of £373 ($479.99).

BP Price Performance

LON:BP traded down GBX 0.30 ($0.00) during trading hours on Tuesday, hitting GBX 373 ($4.80). The company’s stock had a trading volume of 20,869,626 shares, compared to its average volume of 8,560,774. The business’s 50-day moving average is GBX 400.96 and its two-hundred day moving average is GBX 444.30. The company has a market capitalization of £59.12 billion, a PE ratio of 1,130.30, a PEG ratio of 0.35 and a beta of 0.49. The company has a debt-to-equity ratio of 79.91, a quick ratio of 0.62 and a current ratio of 1.24. BP p.l.c. has a 52-week low of GBX 379.70 ($4.89) and a 52-week high of GBX 562.30 ($7.24).

BP Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 7th will be issued a $0.08 dividend. This represents a yield of 1.54%. The ex-dividend date of this dividend is Thursday, November 7th. BP’s dividend payout ratio (DPR) is 6,969.70%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Berenberg Bank restated a “hold” rating and set a GBX 510 ($6.56) price target on shares of BP in a report on Monday, August 5th. Bank of America reiterated a “buy” rating and set a GBX 500 ($6.43) price target on shares of BP in a research note on Wednesday, September 4th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of BP in a report on Tuesday, September 24th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of GBX 632 ($8.13).

About BP

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.