Nick Roberts Buys 17 Shares of Travis Perkins plc (LON:TPK) Stock

Travis Perkins plc (LON:TPK) insider Nick Roberts bought 17 shares of the firm’s stock in a transaction on Tuesday, September 10th. The stock was bought at an average cost of GBX 874 ($11.43) per share, for a total transaction of £148.58 ($194.30).

Nick Roberts also recently made the following trade(s):

• On Friday, August 9th, Nick Roberts bought 17 shares of Travis Perkins stock. The stock was bought at an average cost of GBX 891 ($11.65) per share, for a total transaction of £151.47 ($198.08).

Travis Perkins Stock Down 0.7 %

Shares of TPK traded down GBX 6 ($0.08) during mid-day trading on Wednesday, hitting GBX 864 ($11.30). 170,202 shares of the company’s stock were exchanged, compared to its average volume of 880,889. The stock’s 50-day moving average is GBX 891.77 and its 200-day moving average is GBX 808.06. The company has a market cap of £1.82 billion, a price-to-earnings ratio of -10,831.25, a P/E/G ratio of 6.44 and a beta of 1.52. Travis Perkins plc has a fifty-two week low of GBX 684.80 ($8.96) and a fifty-two week high of GBX 976 ($12.76). The company has a debt-to-equity ratio of 52.98, a quick ratio of 0.84 and a current ratio of 1.65.

Travis Perkins Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be issued a GBX 5.50 ($0.07) dividend. The ex-dividend date is Thursday, October 3rd. This represents a yield of 0.62%. Travis Perkins’s dividend payout ratio (DPR) is -13,750.00%.

Wall Street Analysts Forecast Growth

TPK has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft raised shares of Travis Perkins to a “buy” rating and decreased their target price for the company from GBX 1,100 ($14.38) to GBX 910 ($11.90) in a research report on Thursday, August 1st. Berenberg Bank reissued a “hold” rating and set a GBX 800 ($10.46) price target on shares of Travis Perkins in a research report on Friday, August 9th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,100 ($14.38) price target on shares of Travis Perkins in a research report on Friday, August 30th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of GBX 940 ($12.29).

About Travis Perkins

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.