Vistry Group (LON:VTY) Trading 1.3% Higher - Here's Why

Vistry Group PLC (LON:VTY - Get Free Report) shares were up 1.3% on Thursday . The stock traded as high as GBX 639.60 ($8.61) and last traded at GBX 633.60 ($8.53). Approximately 1,001,091 shares changed hands during trading, a decline of 72% from the average daily volume of 3,584,141 shares. The stock had previously closed at GBX 625.20 ($8.41).

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada boosted their target price on shares of Vistry Group from GBX 475 ($6.39) to GBX 500 ($6.73) and gave the company an "underperform" rating in a report on Friday, March 28th.

Vistry Group Stock Down 0.8%

The firm has a market cap of £2.06 billion, a price-to-earnings ratio of 8.35, a PEG ratio of -0.20 and a beta of 2.14. The firm has a 50 day moving average of GBX 597.01 and a 200 day moving average of GBX 607.52. The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15.

Vistry Group (LON:VTY - Get Free Report) last announced its quarterly earnings data on Wednesday, March 26th. The company reported GBX 55.90 ($0.75) EPS for the quarter. Vistry Group had a net margin of 6.90% and a return on equity of 7.69%. As a group, sell-side analysts predict that Vistry Group PLC will post 108.4606345 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Helen Owers sold 3,734 shares of the business's stock in a transaction that occurred on Wednesday, April 9th. The stock was sold at an average price of GBX 528 ($7.11), for a total transaction of £19,715.52 ($26,535.02). Also, insider Tim Lawlor sold 2,234 shares of the company's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of GBX 593 ($7.98), for a total value of £13,247.62 ($17,829.91). Over the last ninety days, insiders purchased 75 shares of company stock worth $45,120. 0.64% of the stock is currently owned by company insiders.

Vistry Group Company Profile

Vistry Group is one of the UK's leading homebuilders with a top tier housebuilder and leading Partnerships business. Our purpose is to develop sustainable new homes and communities across all sectors of the housing market through our leading brands, Bovis Homes, Linden Homes, Vistry Partnerships and Drew Smith. Our housebuilding division operates across 13 business units, each with a regional office, which are developing hundreds of sites across England.