3i Group (LON:III) Insider Buys £509,550 in Stock

3i Group (LON:III) insider James Hatchley purchased 15,000 shares of 3i Group stock in a transaction dated Monday, November 17th. The shares were bought at an average price of GBX 3,397 per share, with a total value of £509,550.

3i Group Stock Performance

III opened at GBX 3,297 on Friday. 3i Group has a 1-year low of GBX 3,242 and a 1-year high of GBX 4,497. The stock has a market cap of £32.49 billion, a P/E ratio of 6.33, a P/E/G ratio of -0.35 and a beta of 1.01. The stock’s 50 day simple moving average is GBX 4,098.41 and its 200 day simple moving average is GBX 4,103.86. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.25 and a quick ratio of 0.09.

3i Group (LON:III) last issued its quarterly earnings data on Thursday, November 13th. The company reported GBX 340.20 earnings per share (EPS) for the quarter. 3i Group had a return on equity of 19.97% and a net margin of 96.45%. As a group, equities analysts anticipate that 3i Group will post 622.7106227 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on III. UBS Group restated a “buy” rating and set a GBX 4,700 target price on shares of 3i Group in a research report on Friday, November 7th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of 3i Group from GBX 4,600 to GBX 4,300 and set a “buy” rating for the company in a research note on Thursday, November 13th. Citigroup restated a “buy” rating and set a GBX 4,800 price objective on shares of 3i Group in a research report on Friday, November 14th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of 3i Group in a report on Monday. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, 3i Group has a consensus rating of “Buy” and an average target price of GBX 4,600.

3i Group Company Profile

3i is an investment company specialising in Private Equity and Infrastructure. We invest in mid-market companies headquartered in Europe and North America.

We generate attractive returns for our shareholders and co-investors by investing in private equity and infrastructure assets.

As proprietary capital investors we have a long-term, responsible approach.

We aim to compound value through thoughtful origination, disciplined investment and active management of our assets, driving sustainable growth in our investment companies.