Diploma PLC (LON:DPLM) Insider Acquires £167,647.60 in Stock

Diploma PLC (LON:DPLM) insider Chris Davies bought 3,917 shares of the business’s stock in a transaction on Friday, December 20th. The stock was bought at an average price of GBX 4,280 ($53.68) per share, with a total value of £167,647.60 ($210,269.16).

Diploma Price Performance

Shares of LON:DPLM opened at GBX 4,292 ($53.83) on Thursday. Diploma PLC has a one year low of GBX 3,200 ($40.14) and a one year high of GBX 4,653 ($58.36). The company has a debt-to-equity ratio of 45.69, a current ratio of 2.27 and a quick ratio of 0.80. The firm has a market capitalization of £5.75 billion, a price-to-earnings ratio of 4,990.70, a PEG ratio of 2.82 and a beta of 0.75. The company’s fifty day moving average price is GBX 4,406.64 and its 200-day moving average price is GBX 4,327.13.

Diploma Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be given a dividend of GBX 42 ($0.53) per share. This is an increase from Diploma’s previous dividend of $17.30. The ex-dividend date is Thursday, January 16th. This represents a yield of 0.93%. Diploma’s dividend payout ratio (DPR) is presently 6,627.91%.

Analyst Ratings Changes

DPLM has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Diploma from GBX 4,150 ($52.05) to GBX 4,370 ($54.81) and gave the company a “neutral” rating in a research report on Thursday, December 5th. Shore Capital downgraded shares of Diploma to a “hold” rating in a report on Tuesday, November 19th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 5,100 ($63.97) price target on shares of Diploma in a report on Friday, November 22nd. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,555 ($57.13).

About Diploma

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in the United Kingdom, Continental Europe, North America, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies technology-enabled products used in surgical procedures in operating theatres and endoscopy; testing equipment and services for clinical laboratories; and bio-pharma, food safety and testing, and other research-oriented products.