Kier Group (LON:KIE) Insider Tom Hinton Buys 48 Shares

Key Points

• Insider buying: Kier Group director Tom Hinton bought 48 shares at GBX 309 each, worth £148.32. This follows purchases totaling about £300 in July and August.
• Share performance: Kier Group opened at GBX 309.77, near its 12-month high of GBX 318.80, and well above its 50-day and 200-day moving averages of GBX 251.17 and GBX 223.29.
• Analyst outlook: Analysts maintain a “Buy” consensus, with Deutsche Bank raising its price target to GBX 330; the average target is GBX 272.50.

Kier Group plc (LON:KIE - Get Free Report) insider Tom Hinton purchased 48 shares of the company's stock in a transaction dated Friday, September 18th. The stock was purchased at an average price of GBX 309 per share, for a total transaction of £148.32.

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

• On Tuesday, August 18th, Tom Hinton acquired 58 shares of Kier Group stock. The shares were purchased at an average price of GBX 259 per share, with a total value of £150.22.
• On Friday, July 17th, Tom Hinton purchased 68 shares of Kier Group stock. The shares were acquired at an average cost of GBX 221 per share, with a total value of £150.28.

Kier Group Price Performance

Shares of LON:KIE opened at GBX 309.77 on Tuesday. The company has a quick ratio of 0.69, a current ratio of 0.90 and a debt-to-equity ratio of 360.81. The stock has a market capitalization of £1.34 billion, a PE ratio of 23.65, a price-to-earnings-growth ratio of 0.29 and a beta of 0.89. The firm's 50 day moving average price is GBX 251.17 and its 200-day moving average price is GBX 223.29. Kier Group plc has a twelve month low of GBX 186.80 and a twelve month high of GBX 318.80.

Kier Group (LON:KIE - Get Free Report) last announced its 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%. Equities research analysts expect that Kier Group plc will post 20.4913295 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft upped their price objective on Kier Group from GBX 295 to GBX 330 and gave the stock a "buy" rating in a research note on Tuesday, September 15th. Berenberg Bank reissued a "buy" rating and set a GBX 260 price target on shares of Kier Group in a report on Wednesday, July 22nd. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of GBX 272.50.

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.

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