Insider Buying: The Berkeley Group Holdings plc (LON:BKG) Insider Acquires 319 Shares of Stock

The Berkeley Group Holdings plc (LON:BKG) insider Sarah Sands bought 319 shares of the stock in a transaction that occurred on Tuesday, March 26th. The shares were purchased at an average price of GBX 4,698 ($59.37) per share, with a total value of £14,986.62 ($18,939.24).

Sarah Sands also recently made the following trade(s):

• On Thursday, January 11th, Sarah Sands acquired 308 shares of The Berkeley Group stock. The shares were acquired at an average cost of GBX 4,869 ($61.53) per share, with a total value of £14,996.52 ($18,951.75).

The Berkeley Group Stock Down 0.1 %

The Berkeley Group stock opened at GBX 4,758 ($60.13) on Friday. The stock has a 50-day simple moving average of GBX 4,712.24 and a 200-day simple moving average of GBX 4,514.12. The company has a market capitalization of £5.05 billion, a P/E ratio of 1,130.17, a PEG ratio of -0.87 and a beta of 1.19. The company has a debt-to-equity ratio of 19.49, a quick ratio of 0.57 and a current ratio of 3.57. The Berkeley Group Holdings plc has a fifty-two week low of GBX 3,634 ($45.92) and a fifty-two week high of GBX 4,980 ($62.93).

The Berkeley Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 7th were issued a GBX 33 ($0.42) dividend. This represents a dividend yield of 0.72%. The ex-dividend date was Thursday, March 7th. The Berkeley Group’s payout ratio is currently 2,185.27%.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt cut The Berkeley Group to a “hold” rating and set a GBX 4,450 ($56.24) target price for the company. in a research note on Thursday, December 14th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 4,559 ($57.61).

The Berkeley Group Company Profile

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.