Susan Davy Purchases 17 Shares of Pennon Group plc (LON:PNN) Stock

Share on StockTwits

Pennon Group plc (LON:PNN) insider Susan Davy acquired 17 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was bought at an average cost of GBX 720 ($9.41) per share, for a total transaction of £122.40 ($159.94).

Shares of Pennon Group stock traded down GBX 14.40 ($0.19) on Tuesday, reaching GBX 717.60 ($9.38). The company had a trading volume of 568,659 shares, compared to its average volume of 1,760,000. The firm has a market cap of $3.02 billion and a price-to-earnings ratio of 14.10. The company has a debt-to-equity ratio of 218.48, a current ratio of 2.14 and a quick ratio of 1.33. The firm’s 50-day moving average price is GBX 733.69 and its two-hundred day moving average price is GBX 746.91. Pennon Group plc has a 1 year low of GBX 681 ($8.90) and a 1 year high of GBX 800 ($10.45).

The business also recently announced a dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Thursday, July 25th will be issued a GBX 28.22 ($0.37) dividend. This is a boost from Pennon Group’s previous dividend of $12.84. The ex-dividend date of this dividend is Thursday, July 25th. This represents a dividend yield of 3.92%. Pennon Group’s payout ratio is 0.81%.

PNN has been the topic of several recent research reports. JPMorgan Chase & Co. cut their target price on Pennon Group from GBX 780 ($10.19) to GBX 760 ($9.93) and set a “neutral” rating for the company in a research report on Monday, July 8th. Barclays reiterated an “equal weight” rating on shares of Pennon Group in a research report on Wednesday, June 19th. Royal Bank of Canada reiterated a “sector performer” rating on shares of Pennon Group in a research report on Thursday, July 18th. Deutsche Bank increased their target price on Pennon Group from GBX 750 ($9.80) to GBX 780 ($10.19) and gave the stock a “hold” rating in a research report on Tuesday, July 23rd. Finally, Macquarie began coverage on Pennon Group in a research report on Monday, June 17th. They set an “outperform” rating and a GBX 870 ($11.37) target price for the company. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 810.78 ($10.59).

Pennon Group Company Profile

Pennon Group Plc engages in the environmental infrastructure businesses in the United Kingdom, rest of European Union, China, and internationally. The company's Water segment comprises the regulated water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; and water services in the areas of Dorset, Hampshire, and Wiltshire.

Featured Article: If I purchase shares through a brokerage account, am I the holder of record?

Receive News & Ratings for Pennon Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pennon Group and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Kyber Network  Market Capitalization Achieves $27.61 Million
Kyber Network Market Capitalization Achieves $27.61 Million
TomoChain 24 Hour Trading Volume Hits $2.75 Million
TomoChain 24 Hour Trading Volume Hits $2.75 Million
Comet  24-Hour Volume Reaches $1.00
Comet 24-Hour Volume Reaches $1.00
Brokerages Anticipate Fidelity National Financial Inc  Will Announce Earnings of $0.87 Per Share
Brokerages Anticipate Fidelity National Financial Inc Will Announce Earnings of $0.87 Per Share
Experience Points Price Up 4.4% This Week
Experience Points Price Up 4.4% This Week
smARTOFGIVING  Trading 3.7% Lower  Over Last Week
smARTOFGIVING Trading 3.7% Lower Over Last Week


 
© 2006-2019 Zolmax.