Oxford Instruments plc (LON:OXIG) Insider Gavin Hill Acquires 858 Shares

Oxford Instruments plc (LON:OXIG – Get Rating) insider Gavin Hill bought 858 shares of the stock in a transaction dated Friday, July 22nd. The shares were purchased at an average cost of GBX 2,205 ($26.57) per share, for a total transaction of £18,918.90 ($22,793.86).

Gavin Hill also recently made the following trade(s):

• On Monday, July 11th, Gavin Hill purchased 8 shares of Oxford Instruments stock. The shares were acquired at an average price of GBX 1,977 ($23.82) per share, with a total value of £158.16 ($190.55).

Oxford Instruments Stock Down 1.4 %

OXIG opened at GBX 2,190 ($26.39) on Tuesday. Oxford Instruments plc has a fifty-two week low of GBX 1,600 ($19.28) and a fifty-two week high of GBX 2,830 ($34.10). The firm has a market capitalization of £1.26 billion and a P/E ratio of 3,318.18. The company’s 50-day moving average is GBX 2,108.27 and its 200 day moving average is GBX 2,141.44. The company has a debt-to-equity ratio of 9.13, a current ratio of 1.53 and a quick ratio of 1.15.

Oxford Instruments Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, August 23rd. Shareholders of record on Thursday, July 14th will be given a dividend of GBX 13.70 ($0.17) per share. The ex-dividend date is Thursday, July 14th. This represents a dividend yield of 0.64%. This is a boost from Oxford Instruments’s previous dividend of $4.40. Oxford Instruments’s dividend payout ratio (DPR) is currently 26.21%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Shore Capital reissued a “buy” rating on shares of Oxford Instruments in a research report on Tuesday, June 14th. Berenberg Bank lowered their price objective on Oxford Instruments from GBX 2,750 ($33.13) to GBX 2,000 ($24.10) and set a “buy” rating for the company in a research note on Tuesday, July 5th.

Oxford Instruments Company Profile

(Get Rating)

Oxford Instruments plc, through its subsidiaries, researches, develops, manufactures, rents, sells, and services tools and systems in the United Kingdom, China, Japan, the United States, Germany, rest of Europe, rest of Asia, and internationally. It operates through e Materials & Characterisation, Research & Discovery, and Service & Healthcare.