Jeff Woyda Sells 18,773 Shares of Clarkson PLC (LON:CKN) Stock

Clarkson PLC (LON:CKN) insider Jeff Woyda sold 18,773 shares of the company’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of GBX 4,075 ($50.73), for a total transaction of £764,999.75 ($952,321.36).

Clarkson Trading Up 0.6 %

LON CKN opened at GBX 4,045 ($50.35) on Friday. Clarkson PLC has a 12-month low of GBX 2,500 ($31.12) and a 12-month high of GBX 4,145 ($51.60). The company has a fifty day simple moving average of GBX 3,828.09 and a two-hundred day simple moving average of GBX 3,309.27. The company has a current ratio of 1.59, a quick ratio of 1.69 and a debt-to-equity ratio of 9.46. The stock has a market cap of £1.24 billion, a P/E ratio of 1,476.28 and a beta of 1.16.

Clarkson Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 24th. Shareholders of record on Thursday, May 9th will be given a dividend of GBX 72 ($0.90) per share. The ex-dividend date is Thursday, May 9th. This represents a yield of 1.96%. This is a boost from Clarkson’s previous dividend of $30.00. Clarkson’s payout ratio is currently 3,722.63%.

Wall Street Analyst Weigh In

CKN has been the topic of a number of research reports. JPMorgan Chase & Co. raised their target price on shares of Clarkson from GBX 4,080 ($50.79) to GBX 4,320 ($53.78) and gave the stock an “overweight” rating in a research report on Tuesday, March 5th. Canaccord Genuity Group lifted their price objective on shares of Clarkson from GBX 4,325 ($53.84) to GBX 4,500 ($56.02) and gave the company a “buy” rating in a report on Tuesday, March 5th.

Clarkson Company Profile

Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as futures broking operation.