Kier Group (LON:KIE) Insider Acquires £149.94 in Stock

Kier Group plc (LON:KIE) insider Tom Hinton acquired 49 shares of the firm’s stock in a transaction that occurred on Friday, October 16th. The stock was acquired at an average price of GBX 306 per share, for a total transaction of £149.94.

Tom Hinton also recently made the following trade(s):

• On Friday, September 18th, Tom Hinton acquired 48 shares of Kier Group stock. The stock was acquired at an average cost of GBX 309 per share, for a total transaction of £148.32.
• On Tuesday, August 18th, Tom Hinton bought 58 shares of Kier Group stock. The shares were acquired at an average price of GBX 259 per share, with a total value of £150.22.

Kier Group Price Performance

KIE traded down GBX 1.40 during midday trading on Monday, reaching GBX 302.60. 569,014 shares of the company’s stock were exchanged, compared to its average volume of 3,460,028. The company has a debt-to-equity ratio of 360.81, a current ratio of 0.90 and a quick ratio of 0.69. The stock has a market capitalization of £1.31 billion, a PE ratio of 22.41, a P/E/G ratio of 0.29 and a beta of 0.89. The business’s 50-day moving average price is GBX 276.35 and its 200 day moving average price is GBX 235.70. Kier Group plc has a 1-year low of GBX 186.80 and a 1-year high of GBX 319.40.

Kier Group (LON:KIE) last announced its quarterly earnings results on Tuesday, September 15th. The company reported GBX 23.50 earnings per share (EPS) for the quarter. Kier Group had a net margin of 1.42% and a return on equity of 11.95%. As a group, equities analysts anticipate that Kier Group plc will post 20.49 EPS for the current fiscal year.

Analysts Set New Price Targets

KIE has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on Kier Group from GBX 295 to GBX 330 and gave the company a “buy” rating in a report on Tuesday, September 15th. Berenberg Bank boosted their price target on Kier Group from GBX 300 to GBX 370 and gave the stock a “buy” rating in a report on Wednesday, September 30th. Four research analysts have rated the stock with a Buy rating. According to data from MarketBeat, Kier Group presently has an average rating of “Buy” and an average price target of GBX 300.

Kier Group Company Profile

Kier Group is a leading infrastructure services, construction and property group based in the UK.

Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK’s leading infrastructure services and construction company.

We operate through three segments; Infrastructure Services, Construction and Property. Infrastructure Services comprises our Transportation and Natural Resources, Nuclear and Networks business. Transportation: builds and maintains roads for National Highways and a number of district and county councils as well as our rail, airports’ infrastructure and ports’ businesses.

Natural Resources, Nuclear and Networks: delivers long-term contracts providing repairs, maintains and support capital projects to the water, energy, and telecommunications sectors.

Construction — comprises of our Regional Building, Strategic Projects, Kier Places (Housing Maintenance and Facilities Management), and International businesses.