Ultra Electronics Holdings plc (LON:ULE) insider Rakesh Sharma acquired 8 shares of the stock in a transaction dated Monday, October 3rd. The stock was acquired at an average price of GBX 1,783 ($23.27) per share, with a total value of £142.64 ($186.19).
Shares of Ultra Electronics Holdings plc (LON:ULE) opened at 1831.00 on Thursday. Ultra Electronics Holdings plc has a 12-month low of GBX 1,573.00 and a 12-month high of GBX 2,044.00. The company’s market capitalization is GBX 1.29 billion. The company’s 50-day moving average is GBX 1,734.11 and its 200-day moving average is GBX 1,741.28.
The company also recently announced a dividend, which was paid on Friday, September 23rd. Investors of record on Thursday, September 1st were issued a GBX 14.20 ($0.19) dividend. This represents a yield of 0.83%. The ex-dividend date of this dividend was Thursday, September 1st.
ULE has been the subject of a number of recent research reports. Deutsche Bank AG restated a “hold” rating and issued a GBX 1,732 ($22.61) price objective (down from GBX 1,835 ($23.95)) on shares of Ultra Electronics Holdings plc in a report on Friday, June 24th. Investec restated a “buy” rating and issued a GBX 2,000 ($26.11) price objective on shares of Ultra Electronics Holdings plc in a report on Monday, August 1st. Goldman Sachs Group Inc. lowered their price objective on shares of Ultra Electronics Holdings plc from GBX 1,954 ($25.51) to GBX 1,933 ($25.23) and set a “neutral” rating for the company in a report on Monday, September 5th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,885 ($24.61) price objective on shares of Ultra Electronics Holdings plc in a report on Monday, July 18th. Finally, Liberum Capital restated a “hold” rating on shares of Ultra Electronics Holdings plc in a report on Monday, August 1st. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of GBX 1,889.74 ($24.67).
Ultra Electronics Holdings plc Company Profile
Ultra Electronics Holdings plc is a United Kingdom-based company, which manages a portfolio of solutions and products in the defense and aerospace, security and cyber, transport and energy markets, by applying electronic and software technologies. The Company operates in three segments: Aerospace & Infrastructure, Communications & Security, and Maritime & Land.
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