Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Shares Down 1.1%

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) shares traded down 1.1% on Monday . The company traded as low as $31.35 and last traded at $31.40. 94,801 shares traded hands during mid-day trading, an increase of 16% from the average session volume of 81,510 shares. The stock had previously closed at $31.74.

Analysts Set New Price Targets

Several research firms have recently weighed in on BMWYY. HSBC upgraded shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Tuesday. Jefferies Financial Group reissued a “hold” rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a report on Wednesday, March 27th. Finally, Hsbc Global Res raised shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Two analysts have rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Bayerische Motoren Werke Aktiengesellschaft Stock Up 2.9 %

The firm has a market capitalization of $58.59 billion, a P/E ratio of 5.35 and a beta of 1.10. The company has a 50 day simple moving average of $33.39 and a two-hundred day simple moving average of $36.02. The company has a current ratio of 1.13, a quick ratio of 0.83 and a debt-to-equity ratio of 0.57.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last released its earnings results on Wednesday, May 8th. The company reported $1.60 earnings per share for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 11.70% and a net margin of 7.01%. The business had revenue of $39.75 billion for the quarter. On average, equities analysts predict that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 EPS for the current fiscal year.

Bayerische Motoren Werke Aktiengesellschaft Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, May 31st. Investors of record on Friday, May 17th were given a dividend of $1.5397 per share. The ex-dividend date of this dividend was Thursday, May 16th. Bayerische Motoren Werke Aktiengesellschaft’s dividend payout ratio is currently 25.74%.

About Bayerische Motoren Werke Aktiengesellschaft

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.