Insider Selling: Breedon Group plc (LON:BREE) Insider Sells 43,715 Shares of Stock

Breedon Group plc (LON:BREE) insider Rob Wood sold 43,715 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of GBX 376 ($4.64), for a total value of £164,368.40 ($203,024.21).

Breedon Group Price Performance

Shares of LON BREE opened at GBX 358.50 ($4.43) on Friday. Breedon Group plc has a 1-year low of GBX 302.90 ($3.74) and a 1-year high of GBX 408 ($5.04). The company has a debt-to-equity ratio of 26.72, a current ratio of 1.61 and a quick ratio of 1.12. The business’s fifty day moving average price is GBX 377.04 and its two-hundred day moving average price is GBX 356.29. The firm has a market capitalization of £1.23 billion, a PE ratio of 1,156.45, a P/E/G ratio of 1.56 and a beta of 1.16.

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 given a GBX 9.50 ($0.12) dividend. The ex-dividend date is Thursday, April 4th. This is a positive change from Breedon Group’s previous dividend of $4.00. This represents a yield of 2.54%. Breedon Group’s dividend payout ratio (DPR) is currently 4,516.13%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised their price objective on Breedon Group from GBX 440 ($5.43) to GBX 460 ($5.68) and gave the stock a “buy” rating in a research note on Thursday, March 7th.

About Breedon Group

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.