Breedon Group plc (LON:BREE - Get Free Report) insider Amit Bhatia purchased 1,500,000 shares of Breedon Group stock in a transaction on Wednesday, April 3rd. The stock was bought at an average cost of GBX 385 ($4.83) per share, for a total transaction of £5,775,000 ($7,249,560.63).
Breedon Group Trading Up 2.0 %
Shares of BREE stock opened at GBX 388 ($4.87) on Friday. The business's 50 day moving average is GBX 375.14 and its two-hundred day moving average is GBX 352.60. Breedon Group plc has a twelve month low of GBX 302.90 ($3.80) and a twelve month high of GBX 408 ($5.12). The company has a market capitalization of £1.33 billion, a P/E ratio of 1,251.61, a price-to-earnings-growth ratio of 1.56 and a beta of 1.16. The company has a current ratio of 1.61, a quick ratio of 1.12 and a debt-to-equity ratio of 26.72.
Breedon Group Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, May 17th. Shareholders of record on Thursday, April 4th will be paid a GBX 9.50 ($0.12) dividend. This is an increase 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 dividend payout ratio (DPR) is 4,516.13%.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank increased their price objective on Breedon Group from GBX 440 ($5.52) to GBX 460 ($5.77) and gave the company a "buy" rating in a report on Thursday, March 7th.
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About Breedon Group
(
Get Free Report)
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.
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