Breedon Group plc (LON:BREE) Insider Sells £187,686.40 in Stock

Breedon Group plc (LON:BREE) insider James Brotherton sold 43,648 shares of Breedon Group stock in a transaction that occurred on Friday, April 11th. The stock was sold at an average price of GBX 430 ($5.67), for a total value of £187,686.40 ($247,476.79).

Breedon Group Trading Up 1.3 %

Shares of LON BREE traded up GBX 5.80 ($0.08) during midday trading on Tuesday, hitting GBX 447.80 ($5.90). 827,102 shares of the company traded hands, compared to its average volume of 2,558,112. The company has a debt-to-equity ratio of 44.86, a quick ratio of 1.12 and a current ratio of 1.44. Breedon Group plc has a 12-month low of GBX 356 ($4.69) and a 12-month high of GBX 501 ($6.61). The stock has a 50-day moving average price of GBX 451.17 and a 200 day moving average price of GBX 443.17. The firm has a market cap of £1.54 billion, a P/E ratio of 16.03, a P/E/G ratio of 1.56 and a beta of 1.29.

Breedon Group (LON:BREE) last posted its earnings results on Wednesday, March 5th. The company reported GBX 14.50 ($0.19) earnings per share for the quarter. Breedon Group had a return on equity of 8.58% and a net margin of 6.34%. As a group, analysts expect that Breedon Group plc will post 36.8586859 earnings per share for the current year.

Breedon Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 16th. Shareholders of record on Thursday, April 3rd will be issued a GBX 10 ($0.13) dividend. This is an increase from Breedon Group’s previous dividend of $4.50. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a yield of 2.09%. Breedon Group’s dividend payout ratio is 50.13%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised their price target on Breedon Group from GBX 540 ($7.12) to GBX 590 ($7.78) and gave the stock a “buy” rating in a research note on Thursday, March 6th.

Breedon Group Company Profile

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.