Grainger (LON:GRI) Insider Helen Gordon Acquires 77 Shares

Grainger plc (LON:GRI) insider Helen Gordon purchased 77 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was bought at an average price of GBX 193 per share, for a total transaction of £148.61.

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

• On Friday, January 2nd, Helen Gordon bought 83 shares of Grainger stock. The shares were acquired at an average price of GBX 181 per share, with a total value of £150.23.
• On Tuesday, December 23rd, Helen Gordon sold 92,066 shares of Grainger stock. The stock was sold at an average price of GBX 181, for a total value of £166,639.46.
• On Tuesday, December 2nd, Helen Gordon acquired 81 shares of Grainger stock. The shares were bought at an average price of GBX 184 per share, with a total value of £149.04.

Grainger Price Performance

Grainger stock remained flat at GBX 193.60 during trading hours on Tuesday. The company’s stock had a trading volume of 1,575,225 shares, compared to its average volume of 5,492,289. The business has a 50 day moving average of GBX 186.36 and a 200 day moving average of GBX 191.72. The company has a market capitalization of £1.43 billion, a PE ratio of 7.09, 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 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 issued 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%. Research analysts anticipate that Grainger plc will post 10.4590732 EPS for the current fiscal year.

Analysts Set New Price Targets

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

Grainger Company Profile

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.