Murray Auchincloss Acquires 72 Shares of BP p.l.c. (LON:BP) Stock

BP p.l.c. (LON:BP) insider Murray Auchincloss purchased 72 shares of the firm’s stock in a transaction that occurred on Wednesday, April 10th. The stock was bought at an average cost of GBX 517 ($6.54) per share, for a total transaction of £372.24 ($471.13).

BP Stock Up 3.7 %

Shares of LON BP opened at GBX 539.10 ($6.82) on Friday. The company has a quick ratio of 0.62, a current ratio of 1.21 and a debt-to-equity ratio of 73.78. The company has a market cap of £91.00 billion, a price-to-earnings ratio of 764.71, a price-to-earnings-growth ratio of 0.35 and a beta of 0.55. BP p.l.c. has a 12-month low of GBX 441.05 ($5.58) and a 12-month high of GBX 562.30 ($7.12). The firm’s 50-day simple moving average is GBX 484.44 and its 200 day simple moving average is GBX 485.36.

BP Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, February 15th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a dividend yield of 1.28%. BP’s dividend payout ratio (DPR) is currently 3,235.29%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on BP shares. Barclays reissued an “overweight” rating and set a GBX 1,000 ($12.66) price objective on shares of BP in a report on Monday, April 8th. JPMorgan Chase & Co. reissued an “underweight” rating on shares of BP in a report on Tuesday, February 20th. AlphaValue cut shares of BP to a “reduce” rating in a research note on Monday, February 12th. Finally, Berenberg Bank cut their target price on shares of BP from GBX 525 ($6.64) to GBX 510 ($6.45) and set a “hold” rating for the company in a research note on Thursday, February 22nd. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 632.63 ($8.01).

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.