Ashland Global Holdings Inc. (ASH) CFO Sells $64,678.76 in Stock

Ashland Global Holdings Inc. (NYSE:ASH) CFO J Kevin Willis sold 916 shares of Ashland Global stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $70.61, for a total value of $64,678.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

J Kevin Willis also recently made the following trade(s):

  • On Monday, November 27th, J Kevin Willis sold 8,152 shares of Ashland Global stock. The shares were sold at an average price of $70.70, for a total value of $576,346.40.
  • On Monday, November 20th, J Kevin Willis sold 2,543 shares of Ashland Global stock. The shares were sold at an average price of $70.63, for a total value of $179,612.09.
  • On Wednesday, November 15th, J Kevin Willis sold 1,352 shares of Ashland Global stock. The shares were sold at an average price of $66.23, for a total value of $89,542.96.

Shares of Ashland Global Holdings Inc. (NYSE:ASH) opened at $71.59 on Wednesday. Ashland Global Holdings Inc. has a twelve month low of $53.79 and a twelve month high of $74.75. The firm has a market cap of $4,555.05, a price-to-earnings ratio of 16.36, a price-to-earnings-growth ratio of 2.15 and a beta of 1.10. The company has a quick ratio of 1.31, a current ratio of 1.97 and a debt-to-equity ratio of 0.76.

Ashland Global (NYSE:ASH) last announced its quarterly earnings data on Monday, November 6th. The basic materials company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.09. The firm had revenue of $880.00 million during the quarter, compared to the consensus estimate of $869.62 million. The business’s revenue was up 16.7% on a year-over-year basis. During the same period last year, the business earned $1.52 EPS. sell-side analysts anticipate that Ashland Global Holdings Inc. will post 3.42 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 1.26%. The ex-dividend date is Thursday, November 30th. Ashland Global’s payout ratio is presently -9,000,000.00%.

Several large investors have recently modified their holdings of the company. Evercore Trust Company N.A. grew its holdings in shares of Ashland Global by 113.3% during the 2nd quarter. Evercore Trust Company N.A. now owns 2,178,433 shares of the basic materials company’s stock valued at $143,580,000 after purchasing an additional 1,157,131 shares during the last quarter. Victory Capital Management Inc. bought a new stake in Ashland Global during the 2nd quarter worth approximately $54,562,000. Ameriprise Financial Inc. grew its holdings in Ashland Global by 325.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 842,988 shares of the basic materials company’s stock worth $55,559,000 after acquiring an additional 644,983 shares during the last quarter. Schroder Investment Management Group grew its holdings in Ashland Global by 132.6% during the 2nd quarter. Schroder Investment Management Group now owns 1,119,235 shares of the basic materials company’s stock worth $73,814,000 after acquiring an additional 638,040 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new stake in Ashland Global during the 2nd quarter worth approximately $38,765,000. Institutional investors own 91.51% of the company’s stock.

Several equities research analysts recently commented on the company. BidaskClub cut Ashland Global from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 8th. Jefferies Group reissued a “buy” rating and set a $74.00 target price on shares of Ashland Global in a report on Sunday, September 3rd. Zacks Investment Research upgraded shares of Ashland Global from a “hold” rating to a “buy” rating and set a $75.00 price target on the stock in a research report on Tuesday, October 24th. UBS lifted their price objective on shares of Ashland Global from $74.00 to $78.00 and gave the stock a “buy” rating in a research report on Tuesday, November 7th. Finally, Deutsche Bank lifted their price objective on shares of Ashland Global from $74.00 to $78.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $82.57.

TRADEMARK VIOLATION WARNING: This piece of content was reported by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece of content on another publication, it was stolen and republished in violation of U.S. and international trademark and copyright laws. The correct version of this piece of content can be viewed at https://stocknewstimes.com/2017/12/06/j-kevin-willis-sells-916-shares-of-ashland-global-holdings-inc-ash-stock.html.

Ashland Global Company Profile

Ashland Inc is engaged in specialty chemicals, and through Valvoline, is a consumer-branded lubricant supplier. The Company operates in three segments: Ashland Specialty Ingredients (Specialty Ingredients), Ashland Performance Materials (Performance Materials) and Valvoline. Its Specialty Ingredients segment is engaged in providing cellulose ethers, vinyl pyrrolidones and biofunctionals, and consists of two divisions: Consumer Specialties and Industrial Specialties.

Insider Buying and Selling by Quarter for Ashland Global (NYSE:ASH)

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

Latest News

Leave a Reply