JPMorgan Chase & Co. restated their neutral rating on shares of Vesuvius (LON:VSVS – Free Report) in a research note published on Tuesday, MarketBeat.com reports. JPMorgan Chase & Co. currently has a GBX 460 ($5.68) price objective on the stock.
Several other analysts have also commented on the stock. Berenberg Bank raised their price objective on shares of Vesuvius from GBX 480 ($5.93) to GBX 580 ($7.16) and gave the stock a buy rating in a report on Tuesday, March 5th. Jefferies Financial Group restated a buy rating and issued a GBX 675 ($8.34) price objective on shares of Vesuvius in a report on Thursday, February 29th.
Check Out Our Latest Report on VSVS
Vesuvius Stock Performance
Vesuvius Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, April 18th will be paid a dividend of GBX 16.20 ($0.20) per share. This is an increase from Vesuvius’s previous dividend of $6.80. The ex-dividend date is Thursday, April 18th. This represents a dividend yield of 3.33%. Vesuvius’s dividend payout ratio (DPR) is currently 5,227.27%.
Insider Buying and Selling at Vesuvius
In related news, insider Patrick André sold 66,184 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of GBX 484 ($5.98), for a total transaction of £320,330.56 ($395,665.22). In related news, insider Patrick André sold 66,184 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of GBX 484 ($5.98), for a total transaction of £320,330.56 ($395,665.22). Also, insider Mark Collis purchased 8,228 shares of Vesuvius stock in a transaction that occurred on Thursday, February 29th. The shares were purchased at an average cost of GBX 484 ($5.98) per share, with a total value of £39,823.52 ($49,189.13). Insiders own 1.34% of the company’s stock.
About Vesuvius
Vesuvius plc provides molten metal flow engineering and technology services to steel and foundry casting industries worldwide. It operates through Flow Control, Sensor & Probes, and Advanced Refractories segments. The company provides consumables and equipment, which includes binders, coatings, feeding systems, filtration and gating systems, melt shop refractories, metallurgical and pouring control systems, die dressings and coatings, melt treatment products, crucibles, and ceramics for the iron, steel, and nonferrous foundries.
Further Reading
- Five stocks we like better than Vesuvius
- The How and Why of Investing in Biotech Stocks
- Hasbro’s Management Made All the Right Calls This Quarter
- What Are the U.K. Market Holidays? How to Invest and Trade
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- Financial Services Stocks Investing
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for Vesuvius Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vesuvius and related companies with MarketBeat.com's FREE daily email newsletter.