Abengoa Yield PLC (NASDAQ:aby) announced a quarterly dividend on Wednesday, November 16th. Shareholders of record on Wednesday, November 30th will be given a dividend of 0.163 per share on Thursday, December 15th. This represents a $0.65 annualized dividend and a yield of 3.44%. The ex-dividend date is Monday, November 28th.
Shares of Abengoa Yield PLC (NASDAQ:ABY) opened at 18.96 on Friday. The firm has a 50-day moving average price of $18.02 and a 200 day moving average price of $18.58. Abengoa Yield PLC has a 12-month low of $13.11 and a 12-month high of $21.32. The company’s market capitalization is $1.90 billion.
Several large investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new stake in shares of Abengoa Yield PLC during the second quarter valued at $195,000. Clinton Group Inc. acquired a new stake in shares of Abengoa Yield PLC during the third quarter valued at $301,000. Panagora Asset Management Inc. acquired a new stake in shares of Abengoa Yield PLC during the second quarter valued at $313,000. BlackRock Group LTD acquired a new stake in shares of Abengoa Yield PLC during the second quarter valued at $333,000. Finally, BlackRock Advisors LLC increased its stake in shares of Abengoa Yield PLC by 45.1% in the second quarter. BlackRock Advisors LLC now owns 22,796 shares of the company’s stock valued at $424,000 after buying an additional 7,086 shares during the last quarter. Hedge funds and other institutional investors own 54.99% of the company’s stock.
A number of equities research analysts have issued reports on ABY shares. Zacks Investment Research downgraded Abengoa Yield PLC from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 25th. Avondale Partners restated a “conviction-buy” rating on shares of Abengoa Yield PLC in a research report on Tuesday, August 23rd. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $16.20.
Abengoa Yield PLC Company Profile