Grafton Group plc (LON:GFTU) Insider Buys 2,867 Shares

Grafton Group plc (LON:GFTU - Get Free Report) insider David Arnold bought 2,867 shares of the business's stock in a transaction on Friday, April 11th. The stock was purchased at an average cost of GBX 835 ($11.05) per share, with a total value of £23,939.45 ($31,682.70).

Grafton Group Trading Down 0.4 %

LON:GFTU traded down GBX 4 ($0.05) during trading hours on Wednesday, hitting GBX 907.60 ($12.01). The company had a trading volume of 217,457 shares, compared to its average volume of 917,558. The company has a debt-to-equity ratio of 37.66, a current ratio of 2.21 and a quick ratio of 1.56. Grafton Group plc has a 52 week low of GBX 790.90 ($10.47) and a 52 week high of GBX 1,097 ($14.52). The company has a market capitalization of £1.78 billion, a PE ratio of 13.92, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60. The stock has a 50-day moving average price of GBX 867.39 and a 200 day moving average price of GBX 932.70.

Grafton Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, April 17th will be issued a GBX 26.50 ($0.35) dividend. The ex-dividend date is Thursday, April 17th. This is a positive change from Grafton Group's previous dividend of $10.50. This represents a yield of 3.02%. Grafton Group's dividend payout ratio (DPR) is 56.74%.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a "buy" rating and set a GBX 1,100 ($14.56) target price on shares of Grafton Group in a report on Monday, March 10th.

Grafton Group Company Profile

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.