Insider Selling: Marshalls plc (LON:MSLH) Insider Sells 14,048 Shares of Stock

Marshalls plc (LON:MSLH) insider Simon Bourne sold 14,048 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of GBX 237 ($3.06), for a total value of £33,293.76 ($42,987.42).

Marshalls Price Performance

MSLH stock opened at GBX 245 ($3.16) on Friday. The stock has a market capitalization of £616.30 million, a PE ratio of 28.61, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The company’s 50-day moving average is GBX 249.23 and its 200-day moving average is GBX 295.30. The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34. Marshalls plc has a 1 year low of GBX 229 ($2.96) and a 1 year high of GBX 366 ($4.73).

Marshalls (LON:MSLH) last released its quarterly earnings data on Tuesday, March 18th. The company reported GBX 16 ($0.21) earnings per share (EPS) for the quarter. Marshalls had a net margin of 3.46% and a return on equity of 3.32%. Equities research analysts expect that Marshalls plc will post 18.2342758 EPS for the current fiscal year.

Marshalls Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Thursday, June 5th will be paid a dividend of GBX 5.40 ($0.07) per share. The ex-dividend date is Thursday, June 5th. This represents a yield of 2.26%. This is an increase from Marshalls’s previous dividend of $2.60. Marshalls’s payout ratio is 93.44%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 420 ($5.42) price target on shares of Marshalls in a report on Wednesday, January 22nd.

About Marshalls

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership.