Murray Auchincloss Purchases 100 Shares of BP p.l.c. (LON:BP) Stock

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

BP Trading Down 0.1 %

BP traded down GBX 0.30 ($0.00) during trading on Tuesday, hitting GBX 373 ($4.80). 20,869,626 shares of the stock were exchanged, compared to its average volume of 8,560,774. 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 1 year low of GBX 379.70 ($4.89) and a 1 year high of GBX 562.30 ($7.24). The firm has a 50 day simple moving average of GBX 400.96 and a 200 day simple moving average of GBX 444.30. The firm has a market cap of £59.12 billion, a price-to-earnings ratio of 1,130.30, a P/E/G ratio of 0.35 and a beta of 0.49.

BP Dividend Announcement

The company also recently declared 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 is Thursday, November 7th. BP’s dividend payout ratio is currently 6,969.70%.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Bank of America reiterated a “buy” rating and set a GBX 500 ($6.43) target price on shares of BP in a research note on Wednesday, September 4th. Berenberg Bank restated a “hold” rating and set a GBX 510 ($6.56) price objective on shares of BP in a research report on Monday, August 5th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of BP in a research report on Tuesday, September 24th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of GBX 632 ($8.13).

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.