Ultra Electronics Holdings plc (ULE) Plans Dividend of GBX 14.60

Share on StockTwits

Ultra Electronics Holdings plc (LON:ULE) announced a dividend on Monday, August 6th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 30th will be paid a dividend of GBX 14.60 ($0.19) per share on Saturday, September 22nd. This represents a yield of 0.85%. The ex-dividend date is Thursday, August 30th. The official announcement can be seen at this link.

ULE stock opened at GBX 1,596 ($20.36) on Tuesday. Ultra Electronics has a 52-week low of GBX 1,138 ($14.52) and a 52-week high of GBX 2,231 ($28.46).

Ultra Electronics (LON:ULE) last posted its earnings results on Monday, August 6th. The company reported GBX 45.10 ($0.58) earnings per share (EPS) for the quarter, missing the consensus estimate of GBX 57.70 ($0.74) by GBX (12.60) (($0.16)). Ultra Electronics had a return on equity of 14.47% and a net margin of 7.23%.

A number of brokerages recently weighed in on ULE. Berenberg Bank raised their price target on shares of Ultra Electronics from GBX 1,440 ($18.37) to GBX 1,660 ($21.18) and gave the company a “hold” rating in a research note on Thursday, August 9th. Kepler Capital Markets lowered shares of Ultra Electronics to a “hold” rating and raised their target price for the stock from GBX 1,650 ($21.05) to GBX 1,720 ($21.94) in a research note on Tuesday, August 7th. Liberum Capital reissued a “buy” rating on shares of Ultra Electronics in a research note on Wednesday, June 27th. Finally, JPMorgan Chase & Co. raised their target price on shares of Ultra Electronics from GBX 1,900 ($24.24) to GBX 1,950 ($24.88) and gave the stock a “neutral” rating in a research note on Tuesday, August 7th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 1,733.33 ($22.11).

About Ultra Electronics

Ultra Electronics Holdings plc, together with its subsidiaries, provides various solutions and products in the defense and aerospace, security and cyber, transport, and energy markets. The company operates in three segments: Aerospace & Infrastructure, Communications & Security, and Maritime & Land.

Recommended Story: Stock Symbol

Dividend History for Ultra Electronics (LON:ULE)

Receive News & Ratings for Ultra Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultra Electronics and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.