Travis Perkins plc (LON:TPK) Insider Purchases £151.47 in Stock

Travis Perkins plc (LON:TPK) insider Nick Roberts acquired 17 shares of the business’s stock in a transaction on Friday, August 9th. The stock was acquired at an average cost of GBX 891 ($11.39) per share, for a total transaction of £151.47 ($193.57).

Nick Roberts also recently made the following trade(s):

• On Monday, June 10th, Nick Roberts acquired 18 shares of Travis Perkins stock. The stock was acquired at an average cost of GBX 831 ($10.62) per share, for a total transaction of £149.58 ($191.16).

Travis Perkins Stock Performance

Shares of LON:TPK traded down GBX 6.98 ($0.09) during midday trading on Monday, reaching GBX 884 ($11.30). 359,771 shares of the company traded hands, compared to its average volume of 595,502. The company has a quick ratio of 0.84, a current ratio of 1.69 and a debt-to-equity ratio of 51.63. Travis Perkins plc has a 12 month low of GBX 684.80 ($8.75) and a 12 month high of GBX 976 ($12.47). The firm has a market capitalization of £1.86 billion, a price-to-earnings ratio of 4,952.78, a price-to-earnings-growth ratio of 6.44 and a beta of 1.47. The firm’s fifty day moving average price is GBX 857.64 and its two-hundred day moving average price is GBX 790.90.

Travis Perkins Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be paid a dividend of GBX 5.50 ($0.07) per share. The ex-dividend date is Thursday, October 3rd. This represents a dividend yield of 0.62%. Travis Perkins’s payout ratio is 10,000.00%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TPK. Deutsche Bank Aktiengesellschaft raised Travis Perkins to a “buy” rating and cut their price objective for the stock from GBX 1,100 ($14.06) to GBX 910 ($11.63) in a research report on Thursday, August 1st. Berenberg Bank reaffirmed a “hold” rating and set a GBX 800 ($10.22) price target on shares of Travis Perkins in a research report on Friday. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,100 ($14.06) price target on shares of Travis Perkins in a research report on Thursday, August 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 940 ($12.01).

About Travis Perkins

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.