QinetiQ Group plc (LON:QQ) Insider Steve Wadey Buys 33 Shares of Stock

QinetiQ Group plc (LON:QQGet Free Report) insider Steve Wadey acquired 33 shares of the business’s stock in a transaction that occurred on Tuesday, July 9th. The shares were bought at an average price of GBX 457 ($5.85) per share, for a total transaction of £150.81 ($193.17).

Steve Wadey also recently made the following trade(s):

  • On Monday, July 1st, Steve Wadey sold 155,335 shares of QinetiQ Group stock. The shares were sold at an average price of GBX 442 ($5.66), for a total transaction of £686,580.70 ($879,442.42).
  • On Tuesday, June 25th, Steve Wadey sold 109,722 shares of QinetiQ Group stock. The stock was sold at an average price of GBX 444 ($5.69), for a total transaction of £487,165.68 ($624,011.37).
  • On Monday, June 10th, Steve Wadey acquired 32 shares of QinetiQ Group stock. The shares were bought at an average price of GBX 457 ($5.85) per share, for a total transaction of £146.24 ($187.32).
  • On Thursday, May 9th, Steve Wadey bought 42 shares of QinetiQ Group stock. The stock was purchased at an average price of GBX 365 ($4.68) per share, with a total value of £153.30 ($196.36).

QinetiQ Group Trading Up 0.7 %

QinetiQ Group stock opened at GBX 456.20 ($5.84) on Thursday. QinetiQ Group plc has a 1 year low of GBX 292.20 ($3.74) and a 1 year high of GBX 428.40 ($5.49). The firm’s 50 day moving average price is GBX 419.12 and its two-hundred day moving average price is GBX 374.15. The firm has a market cap of £2.60 billion, a price-to-earnings ratio of 1,900.83, a price-to-earnings-growth ratio of 1.47 and a beta of 0.39. The company has a debt-to-equity ratio of 42.47, a quick ratio of 1.15 and a current ratio of 1.15.

QinetiQ Group Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, August 22nd. Investors of record on Thursday, July 25th will be issued a GBX 5.65 ($0.07) dividend. This represents a dividend yield of 1.51%. This is a boost from QinetiQ Group’s previous dividend of $2.60. The ex-dividend date is Thursday, July 25th. QinetiQ Group’s payout ratio is presently 3,333.33%.

Analysts Set New Price Targets

QQ has been the topic of a number of research reports. Citigroup reissued a “buy” rating and issued a GBX 530 ($6.79) price objective on shares of QinetiQ Group in a research note on Tuesday, June 11th. Shore Capital reaffirmed a “buy” rating on shares of QinetiQ Group in a report on Thursday, May 23rd. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 457.50 ($5.86).

Get Our Latest Stock Analysis on QinetiQ Group

QinetiQ Group Company Profile

(Get Free Report)

QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, Europe, and internationally. The company operates through EMEA Services and Global Products segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.

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Insider Buying and Selling by Quarter for QinetiQ Group (LON:QQ)

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