Insider Buying: Vistry Group (LON:VTY) Insider Purchases £150 in Stock

Vistry Group PLC (LON:VTY) insider Tim Lawlor acquired 24 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was acquired at an average price of GBX 625 per share, for a total transaction of £150.

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

• On Monday, November 17th, Tim Lawlor acquired 24 shares of Vistry Group stock. The shares were acquired at an average cost of GBX 625 per share, with a total value of £150.
• On Thursday, October 16th, Tim Lawlor bought 24 shares of Vistry Group stock. The shares were acquired at an average price of GBX 640 per share, with a total value of £153.60.

Vistry Group Stock Performance

VTY opened at GBX 640.80 on Friday. The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15. The stock’s 50 day moving average price is GBX 639.92 and its two-hundred day moving average price is GBX 628.85. The firm has a market capitalization of £2.05 billion, a P/E ratio of 57.21, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14. Vistry Group PLC has a 12-month low of GBX 486.70 and a 12-month high of GBX 722.40.

Vistry Group announced that its board has authorized a stock repurchase plan on Thursday, September 25th that allows the company to repurchase 0 shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

VTY has been the topic of a number of research reports. The Goldman Sachs Group started coverage on shares of Vistry Group in a research report on Monday, November 24th. They set a “buy” rating and a GBX 731 target price on the stock. Jefferies Financial Group decreased their price target on shares of Vistry Group from GBX 628 to GBX 608 and set a “hold” rating on the stock in a research report on Monday, November 10th. Berenberg Bank restated a “hold” rating and set a GBX 650 price objective on shares of Vistry Group in a report on Monday, September 8th. JPMorgan Chase & Co. increased their target price on shares of Vistry Group from GBX 570 to GBX 640 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Finally, Citigroup decreased their target price on Vistry Group from GBX 602 to GBX 601 and set a “neutral” rating on the stock in a research report on Thursday, September 11th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vistry Group presently has an average rating of “Hold” and a consensus target price of GBX 608.

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.