Workspace Group plc (LON:WKP – Get Rating) insider Stephen Hubbard purchased 17,860 shares of the stock in a transaction dated Monday, June 13th. The stock was acquired at an average cost of GBX 649 ($8.13) per share, for a total transaction of £115,911.40 ($145,252.38).

LON WKP traded down GBX 19 ($0.24) during trading on Monday, hitting GBX 642.50 ($8.05). The company had a trading volume of 202,213 shares, compared to its average volume of 352,107. The company has a current ratio of 1.03, a quick ratio of 0.85 and a debt-to-equity ratio of 36.85. The company’s fifty day moving average is GBX 680.83 and its 200-day moving average is GBX 741.82. The company has a market cap of £1.23 billion and a price-to-earnings ratio of -9.81. Workspace Group plc has a one year low of GBX 592.50 ($7.42) and a one year high of GBX 979 ($12.27).

The firm also recently declared a dividend, which will be paid on Friday, August 5th. Investors of record on Thursday, July 7th will be paid a GBX 14.50 ($0.18) dividend. This represents a dividend yield of 2.01%. This is a positive change from Workspace Group’s previous dividend of $7.00. The ex-dividend date is Thursday, July 7th. Workspace Group’s dividend payout ratio (DPR) is presently -0.26%.

Several equities analysts recently commented on WKP shares. Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 1,000 ($12.53) price objective on shares of Workspace Group in a research note on Friday, May 13th. Barclays reissued an “underweight” rating and issued a GBX 800 ($10.03) price target on shares of Workspace Group in a research note on Monday, May 23rd. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 980 ($12.28) price target on shares of Workspace Group in a research note on Wednesday, February 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of GBX 910 ($11.40).

Workspace Group Company Profile (Get Rating)

Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages some 4 million sq. ft. of business space in London. We are home to London’s brightest businesses, including fast growing and established brands across a wide range of sectors. Workspace is geared towards helping businesses perform at their very best.

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