Grainger plc (LON:GRI) Insider Purchases £149.76 in Stock

Grainger plc (LON:GRI) insider Robert Hudson purchased 72 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were purchased at an average cost of GBX 208 ($2.58) per share, with a total value of £149.76 ($185.78).

Robert Hudson also recently made the following trade(s):

• On Thursday, December 19th, Robert Hudson sold 48,642 shares of Grainger stock. The shares were sold at an average price of GBX 220 ($2.73), for a total transaction of £107,012.40 ($132,753.26).
• On Wednesday, December 4th, Robert Hudson purchased 64 shares of Grainger stock. The stock was acquired at an average cost of GBX 232 ($2.88) per share, for a total transaction of £148.48 ($184.20).

Grainger Price Performance

LON:GRI opened at GBX 216 ($2.68) on Friday. Grainger plc has a 12-month low of GBX 205 ($2.54) and a 12-month high of GBX 276 ($3.42). The firm has a market cap of £1.59 billion, a price-to-earnings ratio of 8,183.33, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71. The company’s 50-day moving average is GBX 221.22 and its two-hundred day moving average is GBX 231.93. The company has a current ratio of 3.81, a quick ratio of 0.87 and a debt-to-equity ratio of 84.35.

Grainger (LON:GRI) last announced its quarterly earnings data on Thursday, November 21st. The company reported GBX 9.30 ($0.12) earnings per share (EPS) for the quarter. Grainger had a negative net margin of 0.41% and a negative return on equity of 0.06%. Research analysts expect that Grainger plc will post 10.4590732 EPS for the current year.

Grainger Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, January 16th will be issued a dividend of GBX 5.01 ($0.06) per share. This is a boost from Grainger’s previous dividend of $2.54. The ex-dividend date of this dividend is Thursday, January 16th. This represents a dividend yield of 2.26%.

Analyst Ratings Changes

GRI has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 336 ($4.17) price objective on shares of Grainger in a research note on Friday, November 22nd. Berenberg Bank reissued a “buy” rating and issued a GBX 299 ($3.71) price target on shares of Grainger in a report on Friday, November 29th.

About Grainger

Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK’s largest listed residential landlord and leader in the fast-growing build-to-rent sector, providing c.11,100 rental homes to over 20,000 customers. With a pipeline of secured build-to-rent development projects totalling c.5,000 homes and £1.5bn, Grainger is creating thousands more rental homes by investing in cities across the UK.