Insider Buying: 3i Group (LON:III) Insider Acquires 4 Shares of Stock

3i Group (LON:III) insider Jasi Halai bought 4 shares of the stock in a transaction that occurred on Friday, January 3rd. The stock was bought at an average price of GBX 3,588 ($44.35) per share, with a total value of £143.52 ($177.40).

Jasi Halai also recently made the following trade(s):

• On Friday, November 29th, Jasi Halai purchased 4 shares of 3i Group stock. The shares were acquired at an average cost of GBX 3,668 ($45.34) per share, with a total value of £146.72 ($181.36).
• On Thursday, October 31st, Jasi Halai bought 5 shares of 3i Group stock. The stock was bought at an average price of GBX 3,265 ($40.36) per share, with a total value of £163.25 ($201.79).

3i Group Stock Performance

Shares of III stock opened at GBX 3,634 ($44.92) on Thursday. The stock has a market capitalization of £35.05 billion, a price-to-earnings ratio of 915.37, a PEG ratio of -0.35 and a beta of 1.01. 3i Group has a one year low of GBX 2,271 ($28.07) and a one year high of GBX 3,779 ($46.71). The company’s 50-day simple moving average is GBX 3,533.61 and its 200-day simple moving average is GBX 3,279.55. The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.23.

3i Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 28th will be paid a dividend of GBX 30.50 ($0.38) per share. This represents a yield of 0.92%. The ex-dividend date of this dividend is Thursday, November 28th. 3i Group’s dividend payout ratio (DPR) is presently 1,536.52%.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. restated a “top pick” rating on shares of 3i Group in a report on Tuesday.

About 3i Group

3i is an investment company with two complementary businesses, Private Equity and Infrastructure.

We focus on opportunities where our sector and investment expertise, combined with our international presence and strong capital position, can create material value for our stakeholders.