3i Group (LON:III) Insider Hemant Patel Buys 624 Shares of Stock

3i Group (LON:III) insider Hemant Patel bought 624 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were acquired at an average cost of GBX 2,920 per share, with a total value of £18,220.80.

3i Group Trading Up 1.4%

Shares of LON III traded up GBX 39 during mid-day trading on Tuesday, reaching GBX 2,906. 101,602,727 shares of the company’s stock were exchanged, compared to its average volume of 28,105,012. The company’s 50-day moving average is GBX 2,472.36 and its 200-day moving average is GBX 2,743.47. The company has a debt-to-equity ratio of 4.08, a quick ratio of 0.09 and a current ratio of 131.80. The firm has a market capitalization of £29.25 billion, a price-to-earnings ratio of 5.40, a PEG ratio of -0.35 and a beta of 1.12. 3i Group has a 52-week low of GBX 1,825 and a 52-week high of GBX 4,497.

3i Group (LON:III) last posted its earnings results on Thursday, May 14th. The company reported GBX 539.40 EPS for the quarter. The company had revenue of GBX 549.60 billion for the quarter. 3i Group had a net margin of 1,236.92% and a return on equity of 17.91%. Analysts expect that 3i Group will post 622.7106227 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on III. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 3,527 price target on shares of 3i Group in a research report on Friday, June 26th. UBS Group reissued a “buy” rating and set a GBX 3,600 target price on shares of 3i Group in a research note on Monday, May 11th. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,601.75.

About 3i Group

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.