UBS Group Upgrades The Berkeley Group (OTCMKTS:BKGFY) to "Strong-Buy"

UBS Group upgraded shares of The Berkeley Group (OTCMKTS:BKGFY - Free Report) from a hold rating to a strong-buy rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, Barclays upgraded shares of The Berkeley Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 6th.

The Berkeley Group Trading Up 1.2 %

Shares of BKGFY stock traded up $0.14 on Monday, hitting $11.58. 109,534 shares of the stock traded hands, compared to its average volume of 275,753. The Berkeley Group has a twelve month low of $8.48 and a twelve month high of $15.11. The firm's 50-day moving average price is $9.85 and its two-hundred day moving average price is $10.15. The company has a current ratio of 3.46, a quick ratio of 0.66 and a debt-to-equity ratio of 0.19.

The Berkeley Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, April 14th. Investors of record on Monday, March 10th were paid a dividend of $0.0833 per share. The ex-dividend date of this dividend was Monday, March 10th.

The Berkeley Group Company Profile

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.