Numis Securities reissued their buy rating on shares of Bloomsbury Publishing (LON:BMY) in a report issued on Wednesday, July 18th.

Several other equities analysts also recently commented on BMY. Peel Hunt reissued an add rating and issued a GBX 210 ($2.72) price objective on shares of Bloomsbury Publishing in a research note on Thursday, April 19th. Investec raised their price target on shares of Bloomsbury Publishing from GBX 210 ($2.72) to GBX 215 ($2.78) and gave the company a buy rating in a research note on Tuesday, March 20th.

Shares of Bloomsbury Publishing traded down GBX 4 ($0.05), reaching GBX 234.50 ($3.04), on Wednesday, reports. 25,564 shares of the company’s stock were exchanged, compared to its average volume of 39,153. Bloomsbury Publishing has a twelve month low of GBX 150 ($1.94) and a twelve month high of GBX 192 ($2.49).

The firm also recently disclosed a dividend, which will be paid on Friday, August 24th. Stockholders of record on Thursday, July 26th will be issued a dividend of GBX 6.36 ($0.08) per share. This is a boost from Bloomsbury Publishing’s previous dividend of $1.15. This represents a dividend yield of 2.84%. The ex-dividend date is Thursday, July 26th.

In related news, insider Nigel Newton sold 130,000 shares of the firm’s stock in a transaction dated Thursday, May 31st. The shares were sold at an average price of GBX 234 ($3.03), for a total transaction of £304,200 ($393,786.41).

Bloomsbury Publishing Company Profile

Bloomsbury Publishing Plc publishes books and other media for general readers, children, students, researchers, and professionals worldwide. The company offers digital resources to international research community and higher education students; online law, accounting, and tax services for UK and Eire professionals; consultancy and publishing services for corporations and institutions; support content for continuing professional development and teaching for teachers and trainee teachers, as well as serves communities of shared interest with sports and sports science, nautical, military history, natural history, and popular science.

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