Barratt Developments plc (LON:BDEV) Insider Steven J. Boyes Sells 19,423 Shares

Barratt Developments plc (LON:BDEV - Get Free Report) insider Steven J. Boyes sold 19,423 shares of Barratt Developments stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of GBX 497 ($6.66), for a total value of £96,532.31 ($129,261.26).

Barratt Developments Stock Up 0.0 %

Shares of Barratt Developments stock traded up GBX 0.10 ($0.00) during trading hours on Friday, hitting GBX 482.40 ($6.46). The company had a trading volume of 3,871,527 shares, compared to its average volume of 9,209,302. The company has a debt-to-equity ratio of 4.46, a current ratio of 4.55 and a quick ratio of 0.93. The company's 50-day moving average is GBX 516.12 and its two-hundred day moving average is GBX 493.76. The company has a market cap of £6.95 billion, a P/E ratio of 4,017.08, a price-to-earnings-growth ratio of 10.02 and a beta of 1.63. Barratt Developments plc has a twelve month low of GBX 384.15 ($5.14) and a twelve month high of GBX 582.60 ($7.80).

Barratt Developments Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, September 26th will be given a dividend of GBX 11.80 ($0.16) per share. This is a positive change from Barratt Developments's previous dividend of $4.40. The ex-dividend date of this dividend is Thursday, September 26th. This represents a yield of 2.27%. Barratt Developments's payout ratio is 13,333.33%.

Analysts Set New Price Targets

Several research firms have recently commented on BDEV. Berenberg Bank restated a "hold" rating and set a GBX 540 ($7.23) price target on shares of Barratt Developments in a research report on Friday, September 13th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a GBX 575 ($7.70) target price on shares of Barratt Developments in a research report on Thursday, September 5th. JPMorgan Chase & Co. reissued an "overweight" rating and set a GBX 560 ($7.50) price target on shares of Barratt Developments in a research report on Wednesday, July 17th. Finally, Citigroup restated a "buy" rating and issued a GBX 615 ($8.24) price objective on shares of Barratt Developments in a report on Thursday, September 5th.

About Barratt Developments

Barratt Developments plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.