Grainger (LON:GRI) Insider Purchases £150.23 in Stock

Grainger plc (LON:GRI) insider Helen Gordon acquired 83 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were bought at an average cost of GBX 181 per share, with a total value of £150.23.

Helen Gordon also recently made the following trade(s):

• On Tuesday, December 23rd, Helen Gordon sold 92,066 shares of Grainger stock. The shares were sold at an average price of GBX 181, for a total value of £166,639.46.
• On Tuesday, December 2nd, Helen Gordon bought 81 shares of Grainger stock. The stock was bought at an average cost of GBX 184 per share, for a total transaction of £149.04.

Grainger Price Performance

Shares of GRI opened at GBX 190.60 on Thursday. The stock has a market cap of £1.41 billion, a P/E ratio of 6.98, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71. Grainger plc has a 1 year low of GBX 118.30 and a 1 year high of GBX 230. The stock’s 50-day moving average price is GBX 184.81 and its two-hundred day moving average price is GBX 194.18. The company has a current ratio of 4.49, a quick ratio of 0.87 and a debt-to-equity ratio of 84.49.

Grainger (LON:GRI) last released its quarterly earnings data on Thursday, November 20th. The company reported GBX 9.30 earnings per share for the quarter. Grainger had a negative net margin of 0.40% and a negative return on equity of 0.06%. On average, equities analysts predict that Grainger plc will post 10.4590732 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently commented on GRI shares. Peel Hunt restated a “hold” rating and issued a GBX 220 price objective on shares of Grainger in a research report on Thursday, November 20th. Jefferies Financial Group boosted their target price on Grainger from GBX 267 to GBX 270 and gave the company a “buy” rating in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Grainger currently has a consensus rating of “Moderate Buy” and an average price target of GBX 245.

About Grainger

Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK’s largest listed residential landlord, a Real Estate Investment Trust (REIT) and a leader in the fast-growing build-to-rent sector, providing c.11,000 rental homes to over 25,000 customers. With a pipeline of secured build-to-rent development projects totalling c.4,300 homes and £1.3bn, Grainger is creating thousands more rental homes by investing in cities across the UK.

Grainger works in partnership with a large number of public sector organisations to deliver new homes to local communities, including Transport for London, Network Rail, the Ministry of Defence, Lewisham Borough Council and the Local Pensions Partnership.

The Grainger team is dedicated to the common purpose of Renting Homes, Enriching Lives, backed by a set of core values.