Wolters Kluwer (OTCMKTS:WTKWY) Shares Gap Down – Here’s What Happened

Wolters Kluwer NV (OTCMKTS:WTKWY)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $125.30, but opened at $111.88. Wolters Kluwer shares last traded at $111.6250, with a volume of 3,379 shares.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised shares of Wolters Kluwer from a “hold” rating to an “outperform” rating in a report on Monday, September 8th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat.com, Wolters Kluwer has a consensus rating of “Strong Buy”.

Wolters Kluwer Price Performance

The firm has a 50 day moving average price of $128.49 and a 200 day moving average price of $150.75.

Wolters Kluwer Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th were issued a dividend of $0.9147 per share. The ex-dividend date of this dividend was Wednesday, August 27th. This represents a yield of 179.0%.

Wolters Kluwer Company Profile

Wolters Kluwer N.V. provides professional information, software solutions, and services in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, and internationally. The company operates through Health; Tax & Accounting; Financial & Corporate Compliance; Legal & Regulatory; and Corporate Performance & ESG segments.