Severn Trent PLC (LON:SVT) Insider Buys £47,448 in Stock

Severn Trent PLC (LON:SVT) insider Richard Taylor acquired 1,800 shares of the business’s stock in a transaction on Monday, June 9th. The stock was acquired at an average cost of GBX 2,636 ($35.89) per share, for a total transaction of £47,448 ($64,599.05).

Severn Trent Trading Up 0.2%

Shares of LON SVT opened at GBX 2,727.42 ($37.13) on Friday. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73. The stock has a market capitalization of £8.14 billion, a P/E ratio of 45.52, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. Severn Trent PLC has a 1-year low of GBX 2,323 ($31.63) and a 1-year high of GBX 2,807 ($38.22). The business has a fifty day moving average price of GBX 2,685.64 and a 200 day moving average price of GBX 2,568.74.

Severn Trent (LON:SVT) last released its quarterly earnings results on Wednesday, May 21st. The company reported GBX 112.10 ($1.53) EPS for the quarter. Severn Trent had a return on equity of 10.40% and a net margin of 6.00%. Equities research analysts expect that Severn Trent PLC will post 107.3706004 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on SVT. Deutsche Bank Aktiengesellschaft lowered their target price on Severn Trent from GBX 2,700 ($36.76) to GBX 2,600 ($35.40) and set a “hold” rating for the company in a report on Thursday, March 6th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Severn Trent in a report on Thursday, March 6th.

Severn Trent Company Profile

As one of Britain’s largest water companies, we provide over eight million people across our region with fresh, clean drinking water – about two billion litres every day. And when they’ve finished with it, we take it away again then clean and treat it before returning it safely back to the environment.

We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long term asset growth and an inflation-linked dividend.