Grafton Group plc (LON:GFTU) Insider Eric Born Purchases 13,700 Shares

Grafton Group plc (LON:GFTU) insider Eric Born acquired 13,700 shares of the stock in a transaction on Tuesday, April 15th. The shares were bought at an average price of GBX 896 ($11.81) per share, with a total value of £122,752 ($161,856.54).

Eric Born also recently made the following trade(s):

• On Friday, April 4th, Eric Born purchased 1,253 shares of Grafton Group stock. The shares were bought at an average price of GBX 841 ($11.09) per share, with a total value of £10,537.73 ($13,894.69).

Grafton Group Stock Up 3.0 %

LON GFTU traded up GBX 26.90 ($0.35) during mid-day trading on Tuesday, reaching GBX 911.60 ($12.02). The stock had a trading volume of 178,296 shares, compared to its average volume of 927,019. The company has a fifty day moving average price of GBX 867.53 and a 200 day moving average price of GBX 932.85. The company has a debt-to-equity ratio of 37.66, a current ratio of 2.21 and a quick ratio of 1.56. Grafton Group plc has a 1 year low of GBX 790.90 ($10.43) and a 1 year high of GBX 1,097 ($14.46). The stock has a market cap of £1.79 billion, a PE ratio of 13.98, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60.

Grafton Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 17th will be issued a dividend of GBX 26.50 ($0.35) per share. This is an increase from Grafton Group’s previous dividend of $10.50. This represents a dividend yield of 3.02%. The ex-dividend date is Thursday, April 17th. Grafton Group’s dividend payout ratio is presently 56.74%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,100 ($14.50) price objective on shares of Grafton Group in a research report on Monday, March 10th.

Grafton Group Company Profile

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.