Grainger plc (LON:GRI) Insider Robert Hudson Buys 72 Shares

Grainger plc (LON:GRI) insider Robert Hudson acquired 72 shares of the stock in a transaction on Wednesday, April 2nd. The shares were purchased at an average price of GBX 7,200 ($92.88) per share, for a total transaction of £5,184 ($6,687.31).

Robert Hudson also recently made the following trade(s):

• On Monday, February 3rd, Robert Hudson bought 72 shares of Grainger stock. The shares were bought at an average price of GBX 208 ($2.68) per share, with a total value of £149.76 ($193.19).

Grainger Trading Down 4.0 %

Shares of GRI opened at GBX 197.80 ($2.55) on Friday. The company has a debt-to-equity ratio of 84.49, a quick ratio of 0.87 and a current ratio of 4.49. Grainger plc has a 52-week low of GBX 196.40 ($2.53) and a 52-week high of GBX 276 ($3.56). The firm has a market cap of £1.46 billion, a price-to-earnings ratio of -1,318.67, a PEG ratio of 1.51 and a beta of 0.71. The business’s fifty day moving average is GBX 207.67 and its 200-day moving average is GBX 222.37.

Grainger Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 16th were given a dividend of GBX 5.01 ($0.06) per share. The ex-dividend date was Thursday, January 16th. This is an increase from Grainger’s previous dividend of $2.54. This represents a yield of 2.26%. Grainger’s dividend payout ratio (DPR) is currently -4,666.67%.

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.