Grainger plc (LON:GRI - Get Free Report) insider Robert Hudson bought 64 shares of the stock in a transaction on Wednesday, December 4th. The shares were acquired at an average cost of GBX 232 ($2.96) per share, with a total value of £148.48 ($189.46).
Grainger Stock Performance
Shares of GRI stock opened at GBX 230.50 ($2.94) on Friday. The stock has a market capitalization of £1.70 billion, a PE ratio of 8,183.33, a PEG ratio of 1.51 and a beta of 0.71. The business's 50 day simple moving average is GBX 234.79 and its 200 day simple moving average is GBX 239.18. The company has a debt-to-equity ratio of 84.35, a current ratio of 3.81 and a quick ratio of 0.87. Grainger plc has a one year low of GBX 218.50 ($2.79) and a one year high of GBX 278.80 ($3.56).
Grainger Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, January 16th will be given a dividend of GBX 5.01 ($0.06) per share. The ex-dividend date is Thursday, January 16th. This is a boost from Grainger's previous dividend of $2.54. This represents a dividend yield of 2.26%.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on GRI shares. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 336 ($4.29) price target on shares of Grainger in a report on Friday, November 22nd. Berenberg Bank restated a "buy" rating and set a GBX 299 ($3.82) price target on shares of Grainger in a report on Friday, November 29th.
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About Grainger
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Get Free Report)
Grainger plc, together with its subsidiaries, owns, operates, and manages private rental homes in the United Kingdom. The company was formerly known as Grainger Trust Plc and changed the name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.
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