Ashland Global Holdings Inc. (NYSE:ASH) CFO J Kevin Willis sold 916 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $70.61, for a total value of $64,678.76. The transaction was disclosed in a document filed with the SEC, 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 value of $89,542.96.

Shares of Ashland Global Holdings Inc. (NYSE:ASH) traded down $0.60 during trading on Monday, reaching $70.16. The company had a trading volume of 799,910 shares, compared to its average volume of 904,575. The company has a market capitalization of $4,415.59, a price-to-earnings ratio of 15.80, a P/E/G ratio of 2.07 and a beta of 1.07. Ashland Global Holdings Inc. has a 1-year low of $53.79 and a 1-year high of $71.02. 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 Holdings (NYSE:ASH) last issued its quarterly earnings results on Monday, November 6th. The basic materials company reported $0.78 EPS for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.09. The business had revenue of $880.00 million for the quarter, compared to the consensus estimate of $869.62 million. The business’s revenue was up 16.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.52 earnings per share. research analysts anticipate that Ashland Global Holdings Inc. will post 3.42 EPS for the current fiscal year.

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

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Several research firms recently commented on ASH. Deutsche Bank AG raised their target price on Ashland Global Holdings from $74.00 to $78.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $74.00 target price on shares of Ashland Global Holdings in a research note on Friday, November 10th. Jefferies Group LLC reissued a “buy” rating and issued a $74.00 price objective on shares of Ashland Global Holdings in a research note on Sunday, July 30th. TheStreet cut Ashland Global Holdings from a “b” rating to a “c+” rating in a research note on Tuesday, August 1st. Finally, BidaskClub cut Ashland Global Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. 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’s stock. Ashland Global Holdings currently has an average rating of “Hold” and a consensus target price of $81.29.

A number of institutional investors have recently modified their holdings of ASH. Wellington Management Group LLP lifted its holdings in Ashland Global Holdings by 197.1% during the first quarter. Wellington Management Group LLP now owns 5,467 shares of the basic materials company’s stock worth $677,000 after acquiring an additional 3,627 shares during the period. Capstone Asset Management Co. raised its stake in shares of Ashland Global Holdings by 3.4% in the second quarter. Capstone Asset Management Co. now owns 6,379 shares of the basic materials company’s stock valued at $420,000 after buying an additional 208 shares during the period. Creative Planning raised its stake in shares of Ashland Global Holdings by 7.1% in the second quarter. Creative Planning now owns 1,527 shares of the basic materials company’s stock valued at $101,000 after buying an additional 101 shares during the period. Oregon Public Employees Retirement Fund raised its stake in shares of Ashland Global Holdings by 4.5% in the second quarter. Oregon Public Employees Retirement Fund now owns 22,852 shares of the basic materials company’s stock valued at $1,506,000 after buying an additional 992 shares during the period. Finally, Louisiana State Employees Retirement System raised its stake in shares of Ashland Global Holdings by 3.2% in the second quarter. Louisiana State Employees Retirement System now owns 16,200 shares of the basic materials company’s stock valued at $1,068,000 after buying an additional 500 shares during the period. Institutional investors and hedge funds own 94.65% of the company’s stock.

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.

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