Resources Connection, Inc. (NASDAQ:RGP – Get Rating) Director Donald B. Murray sold 1,526 shares of the firm’s stock in a transaction on Monday, August 8th. The shares were sold at an average price of $20.99, for a total transaction of $32,030.74. Following the completion of the transaction, the director now directly owns 818,060 shares of the company’s stock, valued at $17,171,079.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Resources Connection Stock Down 2.8 %
Shares of RGP opened at $20.05 on Wednesday. The company has a market cap of $670.83 million, a PE ratio of 10.03 and a beta of 0.79. The business has a fifty day moving average of $19.77 and a 200 day moving average of $18.03. Resources Connection, Inc. has a 52-week low of $14.16 and a 52-week high of $23.18. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 0.14.
Resources Connection Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 21st. Investors of record on Wednesday, August 24th will be given a $0.14 dividend. The ex-dividend date of this dividend is Tuesday, August 23rd. This represents a $0.56 dividend on an annualized basis and a yield of 2.79%. Resources Connection’s dividend payout ratio is presently 28.00%.
Institutional Trading of Resources Connection
Analyst Upgrades and Downgrades
Separately, Robert W. Baird raised their price target on Resources Connection from $21.00 to $25.00 in a research report on Monday, August 1st.
Resources Connection Company Profile
Resources Connection, Inc provides consulting services to business customers under the Resources Global Professionals name in North America, Europe, and the Asia Pacific. The company offers services in the areas of transactions, including integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; and regulations, such as accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance, and regulatory compliance.
- Get a free copy of the StockNews.com research report on Resources Connection (RGP)
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