Insider Buying: Grafton Group plc (LON:GFTU) Insider Acquires 1,253 Shares of Stock

Grafton Group plc (LON:GFTU - Get Free Report) insider Eric Born acquired 1,253 shares of the business's stock in a transaction that occurred on Friday, April 4th. The stock was purchased at an average price of GBX 841 ($11.01) per share, for a total transaction of £10,537.73 ($13,792.84).

Grafton Group Price Performance

GFTU stock traded up GBX 0.30 ($0.00) during trading on Friday, hitting GBX 849.80 ($11.12). The company had a trading volume of 307,867 shares, compared to its average volume of 946,822. The business has a 50 day moving average of GBX 868.34 and a 200 day moving average of GBX 935.26. The firm has a market capitalization of £1.67 billion, a price-to-earnings ratio of 13.03, a P/E/G ratio of 1.58 and a beta of 1.60. The company has a current ratio of 2.21, a quick ratio of 1.56 and a debt-to-equity ratio of 37.66. Grafton Group plc has a fifty-two week low of GBX 790.90 ($10.35) and a fifty-two week high of GBX 1,097 ($14.36).

Grafton Group Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 17th will be paid a GBX 26.50 ($0.35) dividend. This is a positive change from Grafton Group's previous dividend of $10.50. This represents a dividend yield of 3.02%. The ex-dividend date is Thursday, April 17th. Grafton Group's dividend payout ratio is currently 56.74%.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 1,100 ($14.40) price objective on shares of Grafton Group in a report on Monday, March 10th.

About Grafton Group

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.