Grafton Group plc (LON:GFTU - Get Free Report) insider Eric Born acquired 1,253 shares of Grafton Group stock in a transaction on Friday, April 4th. The shares were bought at an average price of GBX 841 ($10.71) per share, for a total transaction of £10,537.73 ($13,413.61).
Grafton Group Price Performance
Shares of LON GFTU opened at GBX 813.70 ($10.36) on Tuesday. The company has a current ratio of 2.21, a quick ratio of 1.56 and a debt-to-equity ratio of 37.66. The company has a market capitalization of £1.60 billion, a price-to-earnings ratio of 12.48, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60. Grafton Group plc has a twelve month low of GBX 790.90 ($10.07) and a twelve month high of GBX 1,097 ($13.96). The business has a 50 day simple moving average of GBX 877.16 and a 200-day simple moving average of GBX 942.69.
Grafton Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, April 17th will be paid a dividend of GBX 26.50 ($0.34) per share. This is a positive change from Grafton Group's previous dividend of $10.50. The ex-dividend date is Thursday, April 17th. This represents a yield of 3.02%. Grafton Group's payout ratio is presently 56.74%.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,100 ($14.00) price target on shares of Grafton Group in a research report on Monday, March 10th.
View Our Latest Stock Report on GFTU
About Grafton Group
(
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Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.
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