Key Points
- Insider Tim Lawlor sold 5,292 shares of Vistry on March 20 at GBX 357 for £18,892.44, after making several small purchases earlier this year, indicating mixed insider activity.
- Vistry opened at GBX 341.10 (market cap £1.09bn), trading well below its 50- and 200-day averages and 12-month high, while the board approved a share repurchase plan and analysts hold a consensus "Hold" with an average target of GBX 579.56 (3 Buy, 5 Hold, 1 Sell).
Vistry Group PLC (LON:VTY - Get Free Report) insider Tim Lawlor sold 5,292 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of GBX 357, for a total transaction of £18,892.44.
Tim Lawlor also recently made the following trade(s):
- On Monday, March 16th, Tim Lawlor acquired 38 shares of Vistry Group stock. The stock was purchased at an average price of GBX 404 per share, for a total transaction of £153.52.
- On Monday, February 16th, Tim Lawlor acquired 21 shares of Vistry Group stock. The shares were purchased at an average cost of GBX 721 per share, with a total value of £151.41.
- On Friday, January 16th, Tim Lawlor bought 23 shares of Vistry Group stock. The shares were purchased at an average price of GBX 636 per share, with a total value of £146.28.
Vistry Group Stock Performance
Shares of VTY stock opened at GBX 341.10 on Tuesday. The company has a market cap of £1.09 billion, a P/E ratio of 30.46, a PEG ratio of -0.20 and a beta of 1.65. The firm has a fifty day moving average price of GBX 603.61 and a 200 day moving average price of GBX 625.91. The company has a current ratio of 2.52, a quick ratio of 0.56 and a debt-to-equity ratio of 17.93. Vistry Group PLC has a 12 month low of GBX 325.80 and a 12 month high of GBX 746.40.
Vistry Group (LON:VTY - Get Free Report) last posted its quarterly earnings results on Wednesday, March 4th. The company reported GBX 59.30 earnings per share for the quarter. Vistry Group had a return on equity of 4.20% and a net margin of 3.82%. Sell-side analysts predict that Vistry Group PLC will post 108.4606345 earnings per share for the current fiscal year.
Vistry Group declared that its board has approved a share repurchase plan on Monday, February 2nd that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft cut Vistry Group to a "hold" rating and decreased their target price for the stock from GBX 803 to GBX 600 in a research note on Thursday, March 5th. JPMorgan Chase & Co. cut their price objective on shares of Vistry Group from GBX 640 to GBX 530 and set a "neutral" rating on the stock in a report on Tuesday, March 10th. Stifel Nicolaus upgraded shares of Vistry Group to a "buy" rating and reduced their price objective for the stock from GBX 670 to GBX 610 in a research report on Thursday, March 5th. The Goldman Sachs Group began coverage on shares of Vistry Group in a research report on Monday, November 24th. They set a "buy" rating and a GBX 731 price objective for the company. Finally, Jefferies Financial Group upped their target price on shares of Vistry Group from GBX 608 to GBX 659 and gave the company a "hold" rating in a report on Monday, January 19th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Vistry Group currently has a consensus rating of "Hold" and an average price target of GBX 579.56.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
