Grafton Group plc (LON:GFTU) Insider David Dillon Acquires 5,000 Shares

Grafton Group plc (LON:GFTU - Get Free Report) insider David Dillon bought 5,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was bought at an average price of GBX 985 ($13.08) per share, with a total value of £49,250 ($65,422.42).

Grafton Group Price Performance

GFTU traded up GBX 3.80 ($0.05) on Friday, hitting GBX 1,009.40 ($13.41). 268,530 shares of the company were exchanged, compared to its average volume of 803,705. The business's fifty day moving average is GBX 893.14 and its 200 day moving average is GBX 915.54. The firm has a market capitalization of £1.98 billion, a P/E ratio of 15.48, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60. Grafton Group plc has a fifty-two week low of GBX 790.90 ($10.51) and a fifty-two week high of GBX 1,097 ($14.57). The company has a debt-to-equity ratio of 37.66, a quick ratio of 1.56 and a current ratio of 2.21.

Grafton Group Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, May 15th. Investors of record on Thursday, April 17th were given a dividend of GBX 26.50 ($0.35) per share. The ex-dividend date was Thursday, April 17th. This represents a yield of 3.02%. This is a positive change from Grafton Group's previous dividend of $10.50. Grafton Group's dividend payout ratio (DPR) is 56.74%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 1,100 ($14.61) target price on shares of Grafton Group in a report on Monday, March 10th.

About Grafton Group

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.