The Berkeley Group Holdings plc (LON:BKG - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 4,602.61 ($57.81) and traded as high as GBX 4,750 ($59.67). The Berkeley Group shares last traded at GBX 4,750 ($59.67), with a volume of 139,769 shares traded.
Wall Street Analyst Weigh In
BKG has been the topic of a number of recent research reports. JPMorgan Chase & Co. downgraded The Berkeley Group to a "neutral" rating in a research report on Friday, April 12th. Royal Bank of Canada downgraded The Berkeley Group to an "underperform" rating and set a GBX 4,950 ($62.18) price target for the company. in a research report on Friday, April 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of GBX 4,614.86 ($57.97).
Check Out Our Latest Analysis on The Berkeley Group
The Berkeley Group Trading Down 0.8 %
The stock has a fifty day moving average of GBX 4,656.70 and a 200-day moving average of GBX 4,607.54. The company has a market cap of £5.00 billion, a PE ratio of 1,119.71, a PEG ratio of -0.87 and a beta of 1.19. 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 Berkeley Group Cuts Dividend
The business also recently announced a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 7th were paid a dividend of GBX 33 ($0.41) per share. This represents a dividend yield of 0.72%. The ex-dividend date of this dividend was Thursday, March 7th. The Berkeley Group's dividend payout ratio is currently 2,185.27%.
Insider Transactions at The Berkeley Group
In related news, insider Sarah Sands bought 319 shares of The Berkeley Group stock in a transaction dated Tuesday, March 26th. The shares were acquired at an average cost of GBX 4,698 ($59.01) per share, with a total value of £14,986.62 ($18,825.05). Company insiders own 4.53% 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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