Barclays Reaffirms Equal Weight Rating for Senior (LON:SNR)

Barclays reissued their equal weight rating on shares of Senior (LON:SNR) in a research report report published on Wednesday morning, Marketbeat reports. The brokerage currently has a GBX 168 ($2.11) price objective on the stock.

Senior Stock Down 2.2 %

Shares of SNR opened at GBX 167.60 ($2.11) on Wednesday. The stock has a 50 day moving average price of GBX 168.54 and a 200 day moving average price of GBX 167.20. The company has a debt-to-equity ratio of 55.00, a quick ratio of 0.84 and a current ratio of 1.71. The stock has a market capitalization of £691.62 million, a price-to-earnings ratio of 2,394.29, a PEG ratio of 0.11 and a beta of 1.39. Senior has a one year low of GBX 146.80 ($1.84) and a one year high of GBX 184 ($2.31).

Senior Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, May 2nd will be paid a dividend of GBX 1.70 ($0.02) per share. This represents a yield of 1.07%. The ex-dividend date is Thursday, May 2nd. This is a boost from Senior’s previous dividend of $0.60. Senior’s dividend payout ratio is currently 2,857.14%.

Insider Transactions at Senior

In related news, insider David Squires sold 266,257 shares of the company’s stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of GBX 173 ($2.17), for a total value of £460,624.61 ($578,601.44). Insiders own 1.34% of the company’s stock.

About Senior

Senior plc designs, manufactures, and sells high-technology components and systems for the principal original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in the United States, the United Kingdom, and internationally. It operates in two segments, Aerospace and Flexonics.