QinetiQ Group plc (LON:QQ) Insider Steve Wadey Purchases 37 Shares of Stock

QinetiQ Group plc (LON:QQ) insider Steve Wadey acquired 37 shares of the stock in a transaction dated Thursday, January 9th. The stock was acquired at an average cost of GBX 407 ($4.97) per share, with a total value of £150.59 ($183.87).

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

• On Monday, December 9th, Steve Wadey purchased 37 shares of QinetiQ Group stock. The stock was acquired at an average price of GBX 408 ($4.98) per share, with a total value of £150.96 ($184.32).
• On Monday, November 11th, Steve Wadey purchased 32 shares of QinetiQ Group stock. The stock was acquired at an average cost of GBX 465 ($5.68) per share, with a total value of £148.80 ($181.68).

QinetiQ Group Stock Performance

Shares of QQ opened at GBX 404.60 ($4.94) on Friday. The company has a debt-to-equity ratio of 42.47, a quick ratio of 1.15 and a current ratio of 1.15. The stock has a 50-day moving average of GBX 424.95 and a two-hundred day moving average of GBX 448.45. The stock has a market cap of £2.29 billion, a P/E ratio of 1,685.83, a P/E/G ratio of 1.47 and a beta of 0.48. QinetiQ Group plc has a one year low of GBX 292.20 ($3.57) and a one year high of GBX 491 ($6.00).

QinetiQ Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 9th will be issued a dividend of GBX 2.80 ($0.03) per share. This represents a dividend yield of 0.6%. The ex-dividend date is Thursday, January 9th. QinetiQ Group’s dividend payout ratio (DPR) is 3,333.33%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Shore Capital reaffirmed a “buy” rating on shares of QinetiQ Group in a research report on Tuesday, October 15th. JPMorgan Chase & Co. upped their price target on shares of QinetiQ Group from GBX 455 ($5.56) to GBX 535 ($6.53) and gave the company an “overweight” rating in a research note on Thursday, December 12th.

QinetiQ Group Company Profile

QinetiQ Group plc operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions 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.