Wolseley plc (LON:WOS) insider Frank Roach sold 40,880 shares of the stock in a transaction dated Monday, November 7th. The stock was sold at an average price of GBX 4,199 ($52.01), for a total value of £1,716,551.20 ($2,126,286.63).

Shares of Wolseley plc (LON:WOS) opened at 4588.00 on Friday. The firm’s market capitalization is GBX 11.50 billion. Wolseley plc has a 12-month low of GBX 3,214.00 and a 12-month high of GBX 4,723.00. The stock has a 50 day moving average price of GBX 4,396.84 and a 200 day moving average price of GBX 4,129.67.

The company also recently disclosed a dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, October 27th will be issued a GBX 66.72 ($0.83) dividend. This is a positive change from Wolseley plc’s previous dividend of $33.28. This represents a yield of 1.57%. The ex-dividend date is Thursday, October 27th.

WOS has been the topic of several research reports. Societe Generale reissued a “buy” rating and set a GBX 4,600 ($56.98) target price on shares of Wolseley plc in a research note on Friday, September 16th. Royal Bank Of Canada increased their target price on Wolseley plc from GBX 4,400 ($54.50) to GBX 4,900 ($60.70) and gave the stock an “outperform” rating in a research note on Thursday, October 13th. Liberum Capital restated a “buy” rating and set a GBX 4,650 ($57.60) price target on shares of Wolseley plc in a report on Tuesday, September 27th. Barclays PLC upped their price target on Wolseley plc from GBX 4,400 ($54.50) to GBX 5,000 ($61.93) and gave the stock an “overweight” rating in a report on Thursday, September 15th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 4,400 ($54.50) price target on shares of Wolseley plc in a report on Wednesday, September 28th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 4,350.64 ($53.89).

About Wolseley plc

Wolseley plc is a Switzerland-based specialist trade distributor of plumbing and heating products and building materials in North America, the United Kingdom and Continental Europe. The Company operates in seven segments: USA, UK, Canada, Nordic, France, Central and Eastern Europe, and Group. The Group has a network of distribution centers which serve branches for its plumbing and heating businesses with 2,917 branches across 11 countries.

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