abrdn plc (LON:ABDN) Insider Sells £142,952.03 in Stock

abrdn plc (LON:ABDN) insider Jason Windsor sold 84,587 shares of the firm’s stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of GBX 169 ($2.18), for a total transaction of £142,952.03 ($184,050.51).

abrdn Stock Performance

Shares of ABDN stock opened at GBX 160.70 ($2.07) on Thursday. The business’s fifty day simple moving average is GBX 160.05 and its 200-day simple moving average is GBX 150.36. The company has a market cap of £2.88 billion, a PE ratio of 9.14, a PEG ratio of 12.70 and a beta of 1.25. The company has a current ratio of 225.80, a quick ratio of 24.97 and a debt-to-equity ratio of 12.25. abrdn plc has a 12-month low of GBX 130.50 ($1.68) and a 12-month high of GBX 186.48 ($2.40).

abrdn (LON:ABDN) last posted its earnings results on Tuesday, March 4th. The company reported GBX 15.20 ($0.20) earnings per share (EPS) for the quarter. abrdn had a net margin of 21.19% and a return on equity of 6.46%. Analysts expect that abrdn plc will post 15.2266152 earnings per share for the current fiscal year.

abrdn Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Thursday, March 27th will be given a GBX 7.30 ($0.09) dividend. The ex-dividend date is Thursday, March 27th. This represents a yield of 4.17%. abrdn’s dividend payout ratio is currently 85.27%.

Analysts Set New Price Targets

Separately, Citigroup raised their price objective on shares of abrdn from GBX 140 ($1.80) to GBX 172 ($2.21) and gave the stock a “neutral” rating in a research note on Thursday, March 6th.

abrdn Company Profile

aberdeen is a Wealth & Investments group that connects investors to the expertise, tools, and solutions they need to grow and manage their wealth with confidence.

We are structured around three businesses – interactive investor, Adviser and Investments. As a diversified group, we have positioned ourselves for growth in a changing investment landscape.