Vistry Group PLC (LON:VTY) Insider Acquires £147.89 in Stock

Key Points

• Tim Lawlor, an insider at Vistry Group PLC, recently purchased 23 shares at an average price of £643 ($8.72) each, totaling £147.89 ($200.56).
• Vistry Group has initiated a share repurchase plan, indicating that the board may believe the company's shares are currently undervalued.
• Recent analyst reports have been mixed, with Deutsche Bank maintaining a "buy" rating and setting a price target of GBX 684 ($9.28) for Vistry Group shares.

Vistry Group PLC (LON:VTY - Get Free Report) insider Tim Lawlor purchased 23 shares of Vistry Group stock in a transaction that occurred on Monday, August 18th. The shares were bought at an average cost of GBX 643 ($8.72) per share, for a total transaction of £147.89 ($200.56).

Tim Lawlor also recently made the following trade(s):

• On Wednesday, July 16th, Tim Lawlor bought 26 shares of Vistry Group stock. The stock was acquired at an average cost of GBX 590 ($8.00) per share, for a total transaction of £153.40 ($208.03).
• On Monday, June 16th, Tim Lawlor acquired 22 shares of Vistry Group stock. The shares were acquired at an average cost of GBX 671 ($9.10) per share, with a total value of £147.62 ($200.19).

Vistry Group Trading Down 0.7%

VTY traded down GBX 4.20 ($0.06) during mid-day trading on Monday, reaching GBX 632 ($8.57). The stock had a trading volume of 550,384 shares, compared to its average volume of 2,671,902. The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64. Vistry Group PLC has a 52 week low of GBX 486.70 ($6.60) and a 52 week high of GBX 1,436 ($19.47). The firm's fifty day simple moving average is GBX 623.22 and its two-hundred day simple moving average is GBX 609.73. The stock has a market capitalization of £2.07 billion, a P/E ratio of 8.40, a P/E/G ratio of -0.20 and a beta of 2.14.

Vistry Group announced that its board has initiated a share repurchase plan on Monday, August 11th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

Wall Street Analyst Weigh In

VTY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 684 ($9.28) price objective on shares of Vistry Group in a research report on Friday, July 11th. JPMorgan Chase & Co. restated a "neutral" rating on shares of Vistry Group in a research note on Thursday, July 17th.

About Vistry Group

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.

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