Rob Wood Purchases 10,909 Shares of Breedon Group plc (LON:BREE) Stock

Breedon Group plc (LON:BREE) insider Rob Wood purchased 10,909 shares of the company’s stock in a transaction that occurred on Wednesday, May 1st. The shares were acquired at an average cost of GBX 275 ($3.45) per share, with a total value of £29,999.75 ($37,683.39).

Rob Wood also recently made the following trade(s):

• On Tuesday, April 23rd, Rob Wood sold 43,715 shares of Breedon Group stock. The stock was sold at an average price of GBX 376 ($4.72), for a total value of £164,368.40 ($206,467.03).

Breedon Group Stock Performance

Shares of LON:BREE opened at GBX 373.50 ($4.69) on Friday. The company’s 50 day simple moving average is GBX 376.24 and its 200 day simple moving average is GBX 357.71. The company has a debt-to-equity ratio of 26.72, a current ratio of 1.61 and a quick ratio of 1.12. Breedon Group plc has a 1 year low of GBX 302.90 ($3.80) and a 1 year high of GBX 408 ($5.12). The stock has a market capitalization of £1.28 billion, a price-to-earnings ratio of 1,204.84, a price-to-earnings-growth ratio of 1.56 and a beta of 1.16.

Breedon Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 17th. Investors of record on Thursday, April 4th will be paid a GBX 9.50 ($0.12) dividend. This is a positive change from Breedon Group’s previous dividend of $4.00. This represents a dividend yield of 2.54%. The ex-dividend date is Thursday, April 4th. Breedon Group’s payout ratio is currently 4,516.13%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank lifted their price objective on shares of Breedon Group from GBX 440 ($5.53) to GBX 460 ($5.78) and gave the stock a “buy” rating in a research note on Thursday, March 7th.

Breedon Group Company Profile

Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom, Republic of Ireland, and internationally. It offers various aggregates, such as crushed rock, high polished stone value, sand and gravel, self-binding gravels, decorative aggregates, recycled aggregates, white limestone products, agricultural lime, granular mineral fillers, and welsh slates for use in the construction market.