Breedon Group plc (LON:BREE) Insider Rob Wood Sells 43,715 Shares

Posted by Linda Flegge on Apr 25th, 2024

Breedon Group plc (LON:BREE – Get Free Report) insider Rob Wood sold 43,715 shares of the company’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of GBX 376 ($4.64), for a total value of £164,368.40 ($203,024.21).

Breedon Group Stock Down 4.1 %

Shares of Breedon Group stock opened at GBX 364.50 ($4.50) on Thursday. The company has a 50-day simple moving average of GBX 377.29 and a two-hundred day simple moving average of GBX 356.27. The stock has a market capitalization of £1.25 billion, a PE ratio of 1,175.81, a price-to-earnings-growth ratio of 1.56 and a beta of 1.16. Breedon Group plc has a 52-week low of GBX 302.90 ($3.74) and a 52-week high of GBX 408 ($5.04). The company has a debt-to-equity ratio of 26.72, a quick ratio of 1.12 and a current ratio of 1.61.

Breedon Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 17th. Investors of record on Thursday, April 4th will be given a GBX 9.50 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, April 4th. This is a boost from Breedon Group’s previous dividend of $4.00. This represents a yield of 2.54%. Breedon Group’s dividend payout ratio is 4,516.13%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank increased their target price on Breedon Group from GBX 440 ($5.43) to GBX 460 ($5.68) and gave the stock a “buy” rating in a research note on Thursday, March 7th.

Get Our Latest Analysis on Breedon Group

Breedon Group Company Profile

(Get Free Report)

Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom, Republic of Ireland, and internationally. It offers various aggregates, such as crushed rock, high polished stone value, sand and gravel, self-binding gravels, decorative aggregates, recycled aggregates, white limestone products, agricultural lime, granular mineral fillers, and welsh slates for use in the construction market.