Insider Buying: BP p.l.c. (LON:BP) Insider Buys 95 Shares of Stock

BP p.l.c. (LON:BP) insider Murray Auchincloss purchased 95 shares of BP stock in a transaction that occurred on Tuesday, December 10th. The stock was bought at an average cost of GBX 394 ($4.99) per share, with a total value of £374.30 ($474.46).

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

• On Monday, November 11th, Murray Auchincloss purchased 100 shares of BP stock. The stock was bought at an average cost of GBX 373 ($4.73) per share, with a total value of £373 ($472.81).

BP Price Performance

Shares of LON:BP opened at GBX 394.05 ($4.99) on Friday. BP p.l.c. has a one year low of GBX 379.70 ($4.81) and a one year high of GBX 562.30 ($7.13). 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 company has a 50-day simple moving average of GBX 390.96 and a 200-day simple moving average of GBX 426.10. The stock has a market capitalization of £62.46 billion, a price-to-earnings ratio of 1,194.09, a PEG ratio of 0.35 and a beta of 0.49.

BP Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, November 7th will be paid a dividend of $0.08 per share. The ex-dividend date is Thursday, November 7th. This represents a dividend yield of 1.54%. BP’s dividend payout ratio (DPR) is 6,969.70%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on BP shares. Berenberg Bank reduced their target price on shares of BP from GBX 470 ($5.96) to GBX 440 ($5.58) and set a “hold” rating for the company in a report on Friday, November 29th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of BP in a report on Tuesday, September 24th. Finally, Bank of America reaffirmed a “buy” rating and issued a GBX 500 ($6.34) target price on shares of BP in a report on Wednesday, September 4th. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of GBX 618 ($7.83).

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.