Robert Hudson Buys 77 Shares of Grainger (LON:GRI) Stock

Grainger plc (LON:GRI) insider Robert Hudson acquired 77 shares of the stock in a transaction on Tuesday, February 3rd. The stock was bought at an average price of GBX 193 per share, with a total value of £148.61.

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

• On Friday, January 2nd, Robert Hudson bought 83 shares of Grainger stock. The shares were bought at an average price of GBX 181 per share, for a total transaction of £150.23.
• On Monday, December 22nd, Robert Hudson sold 25,820 shares of Grainger stock. The shares were sold at an average price of GBX 181, for a total transaction of £46,734.20.
• On Tuesday, December 2nd, Robert Hudson acquired 81 shares of Grainger stock. The stock was bought at an average price of GBX 184 per share, with a total value of £149.04.

Grainger Stock Up 1.9%

LON:GRI opened at GBX 197.20 on Friday. The company has a market cap of £1.46 billion, a price-to-earnings ratio of 7.22, a P/E/G ratio of 1.51 and a beta of 0.71. The company has a debt-to-equity ratio of 84.49, a quick ratio of 0.87 and a current ratio of 4.49. The stock’s fifty day moving average price is GBX 186.98 and its two-hundred day moving average price is GBX 191.70. Grainger plc has a 52-week low of GBX 118.30 and a 52-week high of GBX 230.

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

Analyst Ratings Changes

Several equities research analysts have recently commented on GRI shares. Berenberg Bank lifted their price target on shares of Grainger from GBX 260 to GBX 285 and gave the stock a “buy” rating in a research report on Tuesday, January 27th. Jefferies Financial Group increased their price objective on shares of Grainger from GBX 267 to GBX 270 and gave the company a “buy” rating in a report on Tuesday, October 28th. Finally, Peel Hunt lowered their target price on shares of Grainger from GBX 220 to GBX 200 and set a “hold” rating for the company in a report on Thursday, January 8th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 251.67.

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.