The Berkeley Group Holdings plc (LON:BKG) Given Consensus Rating of “Hold” by Analysts

The Berkeley Group Holdings plc (LON:BKG) has received a consensus rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 4,614.86 ($58.41).

A number of analysts have issued reports on the company. JPMorgan Chase & Co. lowered The Berkeley Group to a “neutral” rating in a research report on Friday. Royal Bank of Canada lowered The Berkeley Group to an “underperform” rating and set a GBX 4,950 ($62.65) target price on the stock. in a research report on Friday. Finally, Peel Hunt lowered The Berkeley Group to a “hold” rating and set a GBX 4,450 ($56.32) target price on the stock. in a research report on Thursday, December 14th.

Insider Transactions at The Berkeley Group

In other news, insider Sarah Sands bought 319 shares of the stock in a transaction that occurred on Tuesday, March 26th. The stock was purchased at an average price of GBX 4,698 ($59.46) per share, for a total transaction of £14,986.62 ($18,968.00). Corporate insiders own 4.86% of the company’s stock.

The Berkeley Group Trading Up 0.1 %

Shares of BKG stock traded up GBX 4 ($0.05) during trading on Friday, hitting GBX 4,568 ($57.82). 251,528 shares of the stock traded hands, compared to its average volume of 233,286. The firm has a market capitalization of £4.85 billion, a P/E ratio of 1,085.04, a price-to-earnings-growth ratio of -0.87 and a beta of 1.19. The company has a debt-to-equity ratio of 19.49, a current ratio of 3.57 and a quick ratio of 0.57. The firm’s fifty day moving average price is GBX 4,679.40 and its 200-day moving average price is GBX 4,550.77. The Berkeley Group has a 52-week low of GBX 3,634 ($45.99) and a 52-week high of GBX 4,980 ($63.03).

The Berkeley Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 7th were given a dividend of GBX 33 ($0.42) per share. This represents a dividend yield of 0.72%. The ex-dividend date of this dividend was Thursday, March 7th. The Berkeley Group’s dividend payout ratio is currently 2,185.27%.

The Berkeley Group Company Profile

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.