Grafton Group plc (LON:GFTU - Get Free Report) insider Ian Tyler bought 1,180 shares of the business's stock in a transaction that occurred on Wednesday, April 9th. The shares were bought at an average price of GBX 835 ($10.67) per share, with a total value of £9,853 ($12,590.08).
Grafton Group Price Performance
LON:GFTU opened at GBX 825 ($10.54) on Thursday. The company has a quick ratio of 1.56, a current ratio of 2.21 and a debt-to-equity ratio of 37.66. The firm has a market cap of £1.62 billion, a PE ratio of 12.65, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60. Grafton Group plc has a 12 month low of GBX 790.90 ($10.11) and a 12 month high of GBX 1,097 ($14.02). The company's 50-day moving average price is GBX 870.76 and its two-hundred day moving average price is GBX 938.35.
Grafton Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 17th will be issued a GBX 26.50 ($0.34) dividend. This is an increase from Grafton Group's previous dividend of $10.50. This represents a dividend yield of 3.02%. The ex-dividend date is Thursday, April 17th. Grafton Group's payout ratio is presently 56.74%.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 1,100 ($14.06) price objective on shares of Grafton Group in a research note on Monday, March 10th.
Check Out Our Latest Report on Grafton Group
About Grafton Group
(
Get Free Report)
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.
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 contact@insidertrades.com.
