Key Points
- Insider buying: Tim Lawlor purchased 21 shares of Vistry Group on Feb 16 at an average price of GBX 721, adding to prior insider buys of 23 shares in January and 24 shares in December, signaling continued insider accumulation.
- Company and market context: Vistry opened around GBX 716.33 (near its one-year high), has a market cap of £2.28bn, the board has authorized a share buyback, and analysts hold a consensus "Hold" rating with an average target of GBX 629.25.
Vistry Group PLC (LON:VTY - Get Free Report) insider Tim Lawlor purchased 21 shares of the company's stock in a transaction that occurred on Monday, February 16th. The shares were purchased at an average cost of GBX 721 per share, for a total transaction of £151.41.
Tim Lawlor also recently made the following trade(s):
- On Friday, January 16th, Tim Lawlor acquired 23 shares of Vistry Group stock. The stock was purchased at an average cost of GBX 636 per share, with a total value of £146.28.
- On Tuesday, December 16th, Tim Lawlor bought 24 shares of Vistry Group stock. The shares were acquired at an average cost of GBX 625 per share, for a total transaction of £150.
Vistry Group Trading Down 1.1%
LON:VTY opened at GBX 716.33 on Tuesday. The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64. Vistry Group PLC has a one year low of GBX 486.70 and a one year high of GBX 746.40. The business's 50-day simple moving average is GBX 655.48 and its 200 day simple moving average is GBX 640.53. The stock has a market cap of £2.28 billion, a price-to-earnings ratio of 63.96, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14.
Vistry Group announced that its board has initiated a stock repurchase program on Monday, October 20th that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.
Wall Street Analyst Weigh In
VTY has been the subject of several research analyst reports. The Goldman Sachs Group began coverage on Vistry Group in a research note on Monday, November 24th. They set a "buy" rating and a GBX 731 target price for the company. JPMorgan Chase & Co. raised their price objective on shares of Vistry Group from GBX 570 to GBX 640 and gave the stock a "neutral" rating in a report on Thursday, December 4th. Jefferies Financial Group boosted their target price on shares of Vistry Group from GBX 608 to GBX 659 and gave the stock a "hold" rating in a research report on Monday, January 19th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Vistry Group from GBX 684 to GBX 803 and gave the stock a "buy" rating in a research report on Wednesday, January 14th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Vistry Group presently has a consensus rating of "Hold" and an average target price of GBX 629.25.
Read Our Latest Report on VTY
About Vistry Group
(
Get Free Report)
Vistry Group is a leading homebuilder developing in partnership to deliver sustainable homes, communities, and social value, leaving a lasting legacy of places where people love to live.
Operating across 25 regions, we build homes for those who need them right across the UK. Our partners include Registered Providers, Local Authorities, Homes England and Private Rented Sector providers.
Our timber manufacturing capability, Vistry Works, is at the core of our strategy to deliver more quality homes, faster.
We sell homes on the open market through three respected brands: Bovis Homes, Linden Homes, and Countryside Homes.
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