Grainger plc (LON:GRI) Insider Sells £64,482.80 in Stock

Grainger plc (LON:GRI - Get Free Report) insider Helen Gordon sold 29,992 shares of Grainger stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of GBX 215 ($2.62), for a total value of £64,482.80 ($78,455.77).

Grainger Trading Up 0.9 %

LON GRI traded up GBX 2 ($0.02) on Friday, reaching GBX 220.50 ($2.68). 828,318 shares of the company were exchanged, compared to its average volume of 5,654,690. The company has a current ratio of 3.81, a quick ratio of 0.87 and a debt-to-equity ratio of 84.35. The business's fifty day moving average price is GBX 226 and its 200 day moving average price is GBX 234.99. The stock has a market capitalization of £1.63 billion, a P/E ratio of 8,183.33, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71. Grainger plc has a fifty-two week low of GBX 211.50 ($2.57) and a fifty-two week high of GBX 276 ($3.36).

Grainger Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, January 16th will be given a dividend of GBX 5.01 ($0.06) per share. This is a boost from Grainger's previous dividend of $2.54. The ex-dividend date is Thursday, January 16th. This represents a dividend yield of 2.26%.

Analyst Upgrades and Downgrades

GRI has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 336 ($4.09) target price on shares of Grainger in a research report on Friday, November 22nd. Berenberg Bank reiterated a "buy" rating and issued a GBX 299 ($3.64) price objective on shares of Grainger in a report on Friday, November 29th.

Grainger Company Profile

Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK's largest listed residential landlord and leader in the fast-growing build-to-rent sector, providing c.11,100 rental homes to over 20,000 customers. With a pipeline of secured build-to-rent development projects totalling c.5,000 homes and £1.5bn, Grainger is creating thousands more rental homes by investing in cities across the UK.