The Berkeley Group (OTCMKTS:BKGFY) Reaches New 12-Month High at $68.60


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The Berkeley Group Holdings plc (OTCMKTS:BKGFY) hit a new 52-week high on Tuesday . The stock traded as high as $68.60 and last traded at $68.60, with a volume of 716 shares changing hands. The stock had previously closed at $63.28.

Several brokerages have recently weighed in on BKGFY. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of The Berkeley Group in a report on Monday, March 29th. Zacks Investment Research cut shares of The Berkeley Group from a “buy” rating to a “hold” rating in a report on Monday, February 15th. UBS Group reiterated a “buy” rating on shares of The Berkeley Group in a research note on Thursday, March 18th. Berenberg Bank reiterated a “hold” rating on shares of The Berkeley Group in a research note on Friday, January 29th. Finally, HSBC cut shares of The Berkeley Group from a “buy” rating to a “reduce” rating in a research note on Monday, March 29th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $71.00.

The stock’s fifty day moving average price is $64.06 and its 200 day moving average price is $60.69. The stock has a market cap of $8.34 billion, a P/E ratio of 15.94 and a beta of 1.17. The company has a current ratio of 2.74, a quick ratio of 0.89 and a debt-to-equity ratio of 0.10.

The business also recently declared a Semi-Annual dividend, which was paid on Monday, April 5th. Stockholders of record on Friday, March 12th were issued a $0.112 dividend. The ex-dividend date of this dividend was Thursday, March 11th. The Berkeley Group’s payout ratio is 5.54%.

The Berkeley Group Company Profile (OTCMKTS:BKGFY)

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. It operates under the Berkeley, St Edward, St George, St James, St Joseph, St William, Berkeley First, Berkeley Commercial, Berkeley Partnership, and Berkeley Modular brand names.

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