Insider Buying: UBM plc (UBM) Insider Buys 15 Shares of Stock

UBM plc (LON:UBM) insider Marina Wyatt purchased 15 shares of the company’s stock in a transaction on Wednesday, May 16th. The stock was acquired at an average cost of GBX 989 ($13.42) per share, for a total transaction of £148.35 ($201.23).

Marina Wyatt also recently made the following trade(s):

  • On Friday, February 16th, Marina Wyatt purchased 17 shares of UBM stock. The stock was acquired at an average cost of GBX 895 ($12.14) per share, for a total transaction of £152.15 ($206.39).

Shares of UBM traded up GBX 9.50 ($0.13) on Thursday, reaching GBX 995.50 ($13.50). 2,758,393 shares of the stock traded hands, compared to its average volume of 1,530,000. UBM plc has a 12 month low of GBX 639 ($8.67) and a 12 month high of GBX 957.50 ($12.99).

The company also recently disclosed a dividend, which will be paid on Thursday, May 24th. Stockholders of record on Thursday, April 19th will be given a dividend of GBX 18 ($0.24) per share. The ex-dividend date of this dividend is Thursday, April 19th. This is a boost from UBM’s previous dividend of $5.50. This represents a dividend yield of 1.96%.

Several research analysts have commented on UBM shares. Deutsche Bank reaffirmed a “hold” rating on shares of UBM in a research report on Wednesday, January 17th. Peel Hunt lifted their price target on UBM from GBX 760 ($10.31) to GBX 810 ($10.99) and gave the stock a “buy” rating in a research report on Wednesday, January 17th. Shore Capital reaffirmed a “buy” rating on shares of UBM in a research report on Wednesday, January 17th. Goldman Sachs downgraded UBM to a “neutral” rating and lifted their price target for the stock from GBX 827 ($11.22) to GBX 963 ($13.06) in a research report on Tuesday, January 23rd. Finally, Societe Generale reaffirmed a “hold” rating and issued a GBX 775 ($10.51) price target on shares of UBM in a research report on Friday, January 26th. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. UBM currently has a consensus rating of “Hold” and an average price target of GBX 888.82 ($12.06).

UBM Company Profile

UBM plc organizes business-to-business events worldwide. The company offers face-to-face interaction in the form of exhibitions, tradeshows, conferences, and other live events. It also provides Website sponsorships and banner advertising services, as well as online directory and data products; and publishes magazines and trade press to specialist markets.

Insider Buying and Selling by Quarter for UBM (LON:UBM)

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