Jamie Hopkins Sells 15,000 Shares of Workspace Group plc (WKP) Stock

Workspace Group plc (LON:WKP) insider Jamie Hopkins sold 15,000 shares of the business’s stock in a transaction dated Wednesday, July 18th. The shares were sold at an average price of GBX 1,091 ($14.12), for a total transaction of £163,650 ($211,844.66).

Shares of LON:WKP traded down GBX 18 ($0.23) during trading hours on Friday, reaching GBX 1,070 ($13.85). The stock had a trading volume of 106,664 shares, compared to its average volume of 168,295. Workspace Group plc has a 1 year low of GBX 748 ($9.68) and a 1 year high of GBX 1,040.50 ($13.47).

Workspace Group (LON:WKP) last announced its quarterly earnings data on Wednesday, June 6th. The company reported GBX 36.80 ($0.48) EPS for the quarter, beating the Zacks’ consensus estimate of GBX 36.40 ($0.47) by GBX 0.40 ($0.01). Workspace Group had a net margin of 201.14% and a return on equity of 15.14%.

The business also recently announced a dividend, which was paid on Friday, August 3rd. Stockholders of record on Thursday, July 5th were issued a GBX 18.55 ($0.24) dividend. This is a boost from Workspace Group’s previous dividend of $8.84. The ex-dividend date of this dividend was Thursday, July 5th. This represents a dividend yield of 1.64%.

WKP has been the topic of several recent analyst reports. Liberum Capital reiterated a “buy” rating on shares of Workspace Group in a report on Monday, May 14th. Peel Hunt reissued a “hold” rating on shares of Workspace Group in a research note on Thursday, July 5th. Deutsche Bank raised shares of Workspace Group to a “buy” rating and upped their target price for the stock from GBX 1,080 ($13.98) to GBX 1,200 ($15.53) in a research note on Tuesday, May 1st. Deutsche Bank downgraded shares of Workspace Group to a “hold” rating and set a GBX 1,200 ($15.53) target price on the stock. in a research note on Tuesday, May 29th. Finally, Numis Securities reaffirmed a “hold” rating on shares of Workspace Group in a research note on Friday. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 1,080.67 ($13.99).

Workspace Group Company Profile

Workspace is focused on helping businesses perform at their very best. The Workspace Advantage is our unique customer offer and is open to all – we provide inspiring, flexible work spaces with super-fast technology in dynamic London locations. Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages 3.7 million sq.

Further Reading: Google Finance Portfolio Workaround

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