Kingfisher plc (LON:KGF) Insider Purchases £138,500 in Stock

Kingfisher plc (LON:KGF - Get Free Report) insider Bill Lennie acquired 50,000 shares of the company's stock in a transaction dated Friday, May 30th. The stock was acquired at an average cost of GBX 277 ($3.75) per share, for a total transaction of £138,500 ($187,694.81).

Kingfisher Stock Performance

KGF traded down GBX 2.90 ($0.04) on Thursday, reaching GBX 278 ($3.77). The stock had a trading volume of 7,323,963 shares, compared to its average volume of 25,229,084. The business's 50-day moving average price is GBX 279.09 and its two-hundred day moving average price is GBX 261.36. The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 7.12. Kingfisher plc has a 12-month low of GBX 227.20 ($3.08) and a 12-month high of GBX 333.50 ($4.52). The company has a market cap of £4.91 billion, a P/E ratio of 14.81, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96.

Kingfisher (LON:KGF - Get Free Report) last issued its quarterly earnings data on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.28) EPS for the quarter. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%. Sell-side analysts forecast that Kingfisher plc will post 23.6949924 earnings per share for the current year.

Kingfisher Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, June 30th. Stockholders of record on Thursday, May 22nd will be issued a dividend of GBX 19.72 ($0.27) per share. This is a positive change from Kingfisher's previous dividend of $3.80. The ex-dividend date is Thursday, May 22nd. This represents a dividend yield of 3.44%. Kingfisher's dividend payout ratio is presently 63.94%.

Analyst Ratings Changes

Separately, Barclays downgraded Kingfisher to an "underweight" rating and upped their target price for the stock from GBX 275 ($3.73) to GBX 280 ($3.79) in a research note on Tuesday, May 20th.

Kingfisher Company Profile

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.