Shares of The Berkeley Group Holdings plc (LON:BKG - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as GBX 5,320 ($66.82) and last traded at GBX 5,265 ($66.13), with a volume of 95342 shares traded. The stock had previously closed at GBX 5,210 ($65.44).
Analyst Ratings Changes
A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. cut shares of The Berkeley Group to a "neutral" rating in a report on Friday, April 12th. Royal Bank of Canada lowered shares of The Berkeley Group to an "underperform" rating and set a GBX 4,950 ($62.17) target price on the stock. in a research report on Friday, April 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of GBX 4,614.86 ($57.96).
View Our Latest Stock Analysis on BKG
The Berkeley Group Price Performance
The stock has a market cap of £5.59 billion, a PE ratio of 1,254.01, a PEG ratio of -0.87 and a beta of 1.19. The firm's 50-day moving average price is GBX 4,735.10 and its two-hundred day moving average price is GBX 4,682.80. The company has a current ratio of 3.57, a quick ratio of 0.57 and a debt-to-equity ratio of 19.49.
The Berkeley Group Cuts Dividend
The business also recently declared a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 7th were issued a GBX 33 ($0.41) dividend. The ex-dividend date was Thursday, March 7th. This represents a dividend yield of 0.72%. The Berkeley Group's dividend payout ratio is presently 2,185.27%.
Insider Buying and Selling
In other news, insider Sarah Sands acquired 319 shares of the business's stock in a transaction dated Tuesday, March 26th. The shares were purchased at an average price of GBX 4,698 ($59.01) per share, with a total value of £14,986.62 ($18,822.68). 4.52% of the stock is currently owned by company insiders.
The Berkeley Group Company Profile
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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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