Balfour Beatty plc (LON:BBY - Get Free Report) insider Robert MacLeod bought 17,674 shares of the business's stock in a transaction dated Tuesday, September 17th. The shares were bought at an average cost of GBX 422 ($5.57) per share, with a total value of £74,584.28 ($98,526.13).
Balfour Beatty Stock Performance
BBY opened at GBX 415.80 ($5.49) on Thursday. The firm has a market capitalization of £2.12 billion, a PE ratio of 990.00, a PEG ratio of 3.75 and a beta of 0.81. Balfour Beatty plc has a twelve month low of GBX 291.60 ($3.85) and a twelve month high of GBX 437.60 ($5.78). The firm's 50-day moving average price is GBX 411.42 and its 200 day moving average price is GBX 383.73. The company has a current ratio of 0.99, a quick ratio of 0.84 and a debt-to-equity ratio of 79.17.
Balfour Beatty Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, October 31st will be given a dividend of GBX 3.80 ($0.05) per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a yield of 0.93%. Balfour Beatty's payout ratio is presently 2,857.14%.
Analysts Set New Price Targets
Separately, Berenberg Bank reissued a "buy" rating and set a GBX 475 ($6.27) target price on shares of Balfour Beatty in a research note on Thursday, August 15th.
Check Out Our Latest Report on Balfour Beatty
Balfour Beatty Company Profile
(
Get Free Report)
Wall St. Icon: Looming Financial Tsunami will Wipe Out the 1%
From InvestorPlace | Ad
Wall Street icon who forecasted Black Monday and dot-com crash says a new economic event will hit the American economy like a tsunami. It doesn't matter if you're blue collar, white collar, working, or retired. He says, "I am literally afraid for my family's future. I'm taking drastic steps to prepare for what I know will inevitably happen next."
Click here to see his new prediction
Balfour Beatty plc finances, designs, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through three segments: Construction Services, Support Services, and Infrastructure Investments. The company constructs buildings, including commercial, healthcare, education, retail, and residential assets; and infrastructure assets comprising highways and railways, as well as other large-scale infrastructure assets, such as waste, water, and energy plants.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
