Ashland Global Holdings Inc. (ASH) CFO J Kevin Willis Sells 916 Shares

Ashland Global Holdings Inc. (NYSE:ASH) CFO J Kevin Willis sold 916 shares of the company’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $70.61, for a total transaction of $64,678.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Wednesday, November 15th, J Kevin Willis sold 1,352 shares of Ashland Global Holdings stock. The stock was sold at an average price of $66.23, for a total transaction of $89,542.96.

Shares of Ashland Global Holdings Inc. (NYSE:ASH) opened at $70.16 on Tuesday. Ashland Global Holdings Inc. has a 1-year low of $53.79 and a 1-year high of $71.02. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.97 and a quick ratio of 1.31. The firm has a market cap of $4,415.59, a PE ratio of 15.80, a price-to-earnings-growth ratio of 2.07 and a beta of 1.07.

Ashland Global Holdings (NYSE:ASH) last issued its quarterly earnings results on Monday, November 6th. The basic materials company reported $0.78 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.09. The business had revenue of $880.00 million during the quarter, compared to analyst estimates of $869.62 million. During the same period in the previous year, the company posted $1.52 earnings per share. Ashland Global Holdings’s revenue was up 16.7% compared to the same quarter last year. equities research analysts anticipate that Ashland Global Holdings Inc. will post 3.42 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Thursday, November 30th. Ashland Global Holdings’s payout ratio is -9,000,000.00%.

COPYRIGHT VIOLATION NOTICE: “Ashland Global Holdings Inc. (ASH) CFO J Kevin Willis Sells 916 Shares” was published by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this report on another domain, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The correct version of this report can be read at https://sportsperspectives.com/2017/11/21/ashland-global-holdings-inc-ash-cfo-j-kevin-willis-sells-916-shares.html.

Several equities research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Ashland Global Holdings from a “buy” rating to a “hold” rating in a report on Monday, November 13th. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $74.00 price objective on shares of Ashland Global Holdings in a report on Friday, November 10th. Credit Suisse Group upped their price objective on shares of Ashland Global Holdings from $65.00 to $69.00 and gave the stock a “neutral” rating in a report on Wednesday, November 8th. Deutsche Bank AG upped their price objective on shares of Ashland Global Holdings from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Finally, UBS AG upped their price objective on shares of Ashland Global Holdings from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $81.29.

A number of hedge funds and other institutional investors have recently modified their holdings of ASH. Evercore Trust Company N.A. lifted its holdings in Ashland Global Holdings by 113.3% in 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 acquiring an additional 1,157,131 shares during the last quarter. Victory Capital Management Inc. acquired a new stake in Ashland Global Holdings during the 2nd quarter worth about $54,562,000. Ameriprise Financial Inc. raised its holdings in Ashland Global Holdings 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 buying an additional 644,983 shares during the period. Schroder Investment Management Group raised its holdings in Ashland Global Holdings 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 buying an additional 638,040 shares during the period. Finally, DekaBank Deutsche Girozentrale acquired a new stake in Ashland Global Holdings during the 2nd quarter worth about $38,765,000. 94.65% of the stock is owned by institutional investors.

Ashland Global Holdings 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.

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