Kier Group (LON:KIE) Insider Tom Hinton Acquires 58 Shares

Key Points

• Kier Group insider Tom Hinton bought 58 shares on August 18 at GBX 259 each, for a total of £150.22. This follows purchases of 68 shares in July and 72 shares in June.
• Kier Group shares traded down GBX 3 to GBX 253.40, with trading volume far above average. The stock has a £1.11 billion market capitalization and trades near its 52-week high of GBX 263.60.
• Analysts remain positive: Berenberg reiterated a “Buy” rating with a GBX 260 target, while the broader analyst consensus is also “Buy” with a GBX 253.33 price target.

Kier Group plc (LON:KIE - Get Free Report) insider Tom Hinton bought 58 shares of the stock in a transaction dated Tuesday, August 18th. The stock was purchased at an average price of GBX 259 per share, with a total value of £150.22.

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

• On Friday, July 17th, Tom Hinton bought 68 shares of Kier Group stock. The stock was acquired at an average cost of GBX 221 per share, with a total value of £150.28.
• On Thursday, June 18th, Tom Hinton purchased 72 shares of Kier Group stock. The shares were acquired at an average cost of GBX 208 per share, with a total value of £149.76.

Kier Group Stock Performance

Kier Group stock traded down GBX 3 during mid-day trading on Wednesday, reaching GBX 253.40. 37,058,582 shares of the company's stock were exchanged, compared to its average volume of 3,955,972. The business's fifty day simple moving average is GBX 228.17 and its 200 day simple moving average is GBX 219.10. The firm has a market capitalization of £1.11 billion, a PE ratio of 19.34, a P/E/G ratio of 0.29 and a beta of 0.88. Kier Group plc has a one year low of GBX 178.60 and a one year high of GBX 263.60. The company has a quick ratio of 0.69, a current ratio of 0.86 and a debt-to-equity ratio of 230.22.

Analyst Ratings Changes

Separately, Berenberg Bank restated a "buy" rating and set a GBX 260 price target on shares of Kier Group in a research report on Wednesday, July 22nd. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Kier Group presently has a consensus rating of "Buy" and a consensus price target of GBX 253.33.

About Kier Group

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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