QinetiQ Group plc (LON:QQ) insider David Smith purchased 71 shares of QinetiQ Group stock in a transaction that occurred on Friday, August 9th. The shares were bought at an average price of GBX 281 ($3.67) per share, with a total value of £199.51 ($260.70).

David Smith also recently made the following trade(s):

  • On Monday, June 10th, David Smith purchased 69 shares of QinetiQ Group stock. The shares were bought at an average price of GBX 289 ($3.78) per share, with a total value of £199.41 ($260.56).

LON QQ opened at GBX 272 ($3.55) on Wednesday. The stock has a market capitalization of $1.54 billion and a P/E ratio of 13.60. QinetiQ Group plc has a 52 week low of GBX 265 ($3.46) and a 52 week high of GBX 324.40 ($4.24). The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.05 and a current ratio of 1.22. The firm’s 50-day simple moving average is GBX 280.99.

The firm also recently disclosed a dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 1st will be issued a dividend of GBX 4.50 ($0.06) per share. The ex-dividend date is Thursday, August 1st. This is an increase from QinetiQ Group’s previous dividend of $2.10. This represents a yield of 1.47%. QinetiQ Group’s dividend payout ratio is 0.35%.

QQ has been the topic of several recent research reports. UBS Group reaffirmed a “sell” rating on shares of QinetiQ Group in a report on Friday, June 21st. Credit Suisse Group downgraded shares of QinetiQ Group to a “neutral” rating and dropped their price objective for the company from GBX 345 ($4.51) to GBX 325 ($4.25) in a report on Friday, June 28th. Goldman Sachs Group downgraded shares of QinetiQ Group to a “sell” rating and set a GBX 270 ($3.53) price objective on the stock. in a report on Wednesday, June 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 300 ($3.92) price objective on shares of QinetiQ Group in a report on Wednesday, July 17th. Finally, Barclays reaffirmed an “overweight” rating on shares of QinetiQ Group in a report on Thursday, July 25th. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 297.86 ($3.89).

About QinetiQ Group

QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and aerospace markets in the United Kingdom and internationally. The company operates through EMEA Services and Global Products segments. It offers de-risk complex aerospace programs by testing system and equipment, air engineering services, aircraft system integration and upgrades, life aircraft support services, unmanned aircraft systems, human factors integration, aero structures, air traffic management, and aircraft mission systems; smart materials, which include acoustic stealth materials, radio frequency stealth materials, and electro-optic stealth materials; and runway debris detection technology, training to experienced pilots and engineers, and safety and environmental management services.

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