BP p.l.c. (LON:BP) Insider Purchases £372.24 in Stock

BP p.l.c. (LON:BP) insider Murray Auchincloss purchased 88 shares of the business’s stock in a transaction dated Friday, January 10th. The stock was bought at an average cost of GBX 423 ($5.16) per share, with a total value of £372.24 ($454.45).

Murray Auchincloss also recently made the following trade(s):

• On Tuesday, December 10th, Murray Auchincloss acquired 95 shares of BP stock. The shares were bought at an average price of GBX 394 ($4.81) per share, with a total value of £374.30 ($456.96).
• On Monday, November 11th, Murray Auchincloss bought 100 shares of BP stock. The stock was purchased at an average price of GBX 373 ($4.55) per share, for a total transaction of £373 ($455.38).

BP Price Performance

BP stock opened at GBX 420.25 ($5.13) on Wednesday. BP p.l.c. has a 1 year low of GBX 379.70 ($4.64) and a 1 year high of GBX 562.30 ($6.86). The company has a debt-to-equity ratio of 79.91, a quick ratio of 0.62 and a current ratio of 1.24. The firm has a 50 day moving average price of GBX 389.55 and a 200 day moving average price of GBX 413.08. The company has a market cap of £66.61 billion, a price-to-earnings ratio of 1,273.48, a PEG ratio of 0.35 and a beta of 0.49.

BP Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, November 7th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a dividend yield of 1.54%. BP’s dividend payout ratio is presently 6,969.70%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on BP shares. Berenberg Bank cut their price objective on shares of BP from GBX 470 ($5.74) to GBX 440 ($5.37) and set a “hold” rating for the company in a research report on Friday, November 29th. JPMorgan Chase & Co. lifted their target price on shares of BP from GBX 425 ($5.19) to GBX 440 ($5.37) and gave the stock an “underweight” rating in a research note on Tuesday. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 540 ($6.59) price target on shares of BP in a research note on Monday, December 16th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of GBX 595 ($7.26).

About BP

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.