QinetiQ Group plc (LON:QQ) Insider Steve Wadey Sells 109,722 Shares

QinetiQ Group plc (LON:QQ) insider Steve Wadey sold 109,722 shares of the firm’s stock in a transaction that occurred on Tuesday, June 25th. The stock was sold at an average price of GBX 444 ($5.63), for a total transaction of £487,165.68 ($617,995.28).

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

• On Monday, June 10th, Steve Wadey bought 32 shares of QinetiQ Group stock. The shares were bought at an average cost of GBX 457 ($5.80) per share, for a total transaction of £146.24 ($185.51).
• On Thursday, May 9th, Steve Wadey purchased 42 shares of QinetiQ Group stock. The stock was bought at an average cost of GBX 365 ($4.63) per share, with a total value of £153.30 ($194.47).
• On Tuesday, April 9th, Steve Wadey acquired 42 shares of QinetiQ Group stock. The shares were bought at an average price of GBX 355 ($4.50) per share, for a total transaction of £149.10 ($189.14).

QinetiQ Group Trading Down 1.6 %

QQ opened at GBX 443.20 ($5.62) on Friday. The firm has a market capitalization of £2.53 billion, a PE ratio of 1,846.67, a P/E/G ratio of 1.47 and a beta of 0.39. The company has a debt-to-equity ratio of 42.47, a current ratio of 1.15 and a quick ratio of 1.15. QinetiQ Group plc has a fifty-two week low of GBX 292.20 ($3.71) and a fifty-two week high of GBX 428.40 ($5.43). The company’s 50-day moving average is GBX 402.23 and its 200 day moving average is GBX 366.30.

QinetiQ Group Increases Dividend

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

Analyst Ratings Changes

A number of analysts recently commented on QQ shares. Shore Capital reaffirmed a “buy” rating on shares of QinetiQ Group in a research report on Thursday, May 23rd. Citigroup reissued a “buy” rating and issued a GBX 530 ($6.72) price objective on shares of QinetiQ Group in a research note on Tuesday, June 11th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 457.50 ($5.80).

QinetiQ Group Company Profile

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.