BP p.l.c. (LON:BP) Insider Acquires £372.24 in Stock

BP p.l.c. (LON:BP) insider Murray Auchincloss acquired 88 shares of BP stock in a transaction on Friday, January 10th. The shares were purchased at an average price of GBX 423 ($5.18) per share, with a total value of £372.24 ($455.62).

Murray Auchincloss also recently made the following trade(s):

• On Tuesday, December 10th, Murray Auchincloss purchased 95 shares of BP stock. The shares were bought at an average cost of GBX 394 ($4.82) per share, for a total transaction of £374.30 ($458.14).
• On Monday, November 11th, Murray Auchincloss purchased 100 shares of BP stock. The shares were bought at an average cost of GBX 373 ($4.57) per share, for a total transaction of £373 ($456.55).

BP Trading Up 0.7 %

Shares of BP opened at GBX 423 ($5.18) on Thursday. The company’s fifty day moving average is GBX 389.55 and its 200 day moving average is GBX 413.08. BP p.l.c. has a fifty-two week low of GBX 379.70 ($4.65) and a fifty-two week high of GBX 562.30 ($6.88). The stock has a market capitalization of £67.05 billion, a PE ratio of 1,281.82, a P/E/G 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 Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 7th were paid a dividend of $0.08 per share. This represents a yield of 1.54%. The ex-dividend date of this dividend was Thursday, November 7th. BP’s payout ratio is 6,969.70%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 540 ($6.61) price target on shares of BP in a report on Monday, December 16th. Berenberg Bank dropped their price objective on shares of BP from GBX 470 ($5.75) to GBX 440 ($5.39) and set a “hold” rating on the stock in a report on Friday, November 29th. Finally, JPMorgan Chase & Co. raised their price objective on shares of BP from GBX 425 ($5.20) to GBX 440 ($5.39) and gave the stock an “underweight” rating in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, BP has an average rating of “Hold” and an average price target of GBX 595 ($7.28).

BP Company Profile

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.