Balfour Beatty plc (LON:BBY - Get Free Report) insider Leo Quinn sold 317,071 shares of the stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of GBX 448 ($5.81), for a total value of £1,420,478.08 ($1,842,145.09).
Balfour Beatty Stock Down 1.2 %
BBY stock traded down GBX 5.20 ($0.07) during trading on Monday, hitting GBX 436 ($5.65). 678,822 shares of the stock traded hands, compared to its average volume of 1,975,613. The company has a debt-to-equity ratio of 79.17, a current ratio of 0.99 and a quick ratio of 0.84. The stock has a market cap of £2.22 billion, a price-to-earnings ratio of 1,038.10, a price-to-earnings-growth ratio of 3.75 and a beta of 0.81. Balfour Beatty plc has a 1 year low of GBX 305.40 ($3.96) and a 1 year high of GBX 458 ($5.94). The firm's 50 day moving average is GBX 430.78 and its two-hundred day moving average is GBX 400.33.
Balfour Beatty Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, October 31st will be given a GBX 3.80 ($0.05) dividend. The ex-dividend date is Thursday, October 31st. This represents a yield of 0.93%. Balfour Beatty's dividend payout ratio (DPR) is presently 2,857.14%.
Analyst Ratings Changes
Separately, Berenberg Bank restated a "buy" rating and set a GBX 475 ($6.16) target price on shares of Balfour Beatty in a report on Thursday, August 15th.
Read Our Latest Stock Report on Balfour Beatty
About Balfour Beatty
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Balfour Beatty plc finances, designs, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through three segments: Construction Services, Support Services, and Infrastructure Investments. The company constructs buildings, including commercial, healthcare, education, retail, and residential assets; and infrastructure assets comprising highways and railways, as well as other large-scale infrastructure assets, such as waste, water, and energy plants.
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