The Berkeley Group Holdings plc (LON:BKG - Get Free Report) reached a new 52-week high on Thursday . The company traded as high as GBX 5,175 ($65.01) and last traded at GBX 5,165 ($64.89), with a volume of 584852 shares traded. The stock had previously closed at GBX 5,115 ($64.26).
Analyst Upgrades and Downgrades
BKG has been the subject of a number of recent research reports. JPMorgan Chase & Co. downgraded The Berkeley Group to a "neutral" rating in a research note on Friday, April 12th. Royal Bank of Canada downgraded shares of The Berkeley Group to an "underperform" rating and set a GBX 4,950 ($62.19) target price on the stock. in a research note on Friday, April 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, The Berkeley Group currently has a consensus rating of "Hold" and an average price target of GBX 4,614.86 ($57.98).
View Our Latest Report on BKG
The Berkeley Group Price Performance
The business's 50 day moving average price is GBX 4,701.62 and its 200-day moving average price is GBX 4,647.33. The company has a debt-to-equity ratio of 19.49, a quick ratio of 0.57 and a current ratio of 3.57. The firm has a market capitalization of £5.47 billion, a PE ratio of 1,226.84, a P/E/G ratio of -0.87 and a beta of 1.19.
The Berkeley Group Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 7th were given a GBX 33 ($0.41) dividend. This represents a yield of 0.72%. The ex-dividend date of this dividend was Thursday, March 7th. The Berkeley Group's payout ratio is 2,185.27%.
Insider Transactions at The Berkeley Group
In other news, insider Sarah Sands bought 319 shares of the company's stock in a transaction on Tuesday, March 26th. The stock was bought at an average cost of GBX 4,698 ($59.02) per share, with a total value of £14,986.62 ($18,827.41). Company insiders own 4.52% of the company's stock.
About The Berkeley Group
(
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The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.
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