Helen Gordon Purchases 83 Shares of Grainger (LON:GRI) Stock

Grainger plc (LON:GRI) insider Helen Gordon acquired 83 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was acquired at an average price of GBX 181 per share, for a total transaction of £150.23.

Helen Gordon also recently made the following trade(s):

• On Tuesday, December 23rd, Helen Gordon sold 92,066 shares of Grainger stock. The shares were sold at an average price of GBX 181, for a total value of £166,639.46.
• On Tuesday, December 2nd, Helen Gordon bought 81 shares of Grainger stock. The shares were acquired at an average cost of GBX 184 per share, for a total transaction of £149.04.

Grainger Price Performance

Shares of GRI stock opened at GBX 178.80 on Monday. The company has a market capitalization of £1.32 billion, a PE ratio of 6.55, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71. The company has a debt-to-equity ratio of 84.49, a current ratio of 4.49 and a quick ratio of 0.87. Grainger plc has a 12 month low of GBX 118.30 and a 12 month high of GBX 230. The firm’s 50-day moving average is GBX 185.38 and its two-hundred day moving average is GBX 194.74.

Grainger (LON:GRI) last announced its quarterly earnings data on Thursday, November 20th. The company reported GBX 9.30 EPS for the quarter. Grainger had a negative return on equity of 0.06% and a negative net margin of 0.40%. Analysts predict that Grainger plc will post 10.4590732 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on GRI. Peel Hunt reiterated a “hold” rating and issued a GBX 220 target price on shares of Grainger in a report on Thursday, November 20th. Jefferies Financial Group increased their price target on shares of Grainger from GBX 267 to GBX 270 and gave the company a “buy” rating in a research report on Tuesday, October 28th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 245.

About Grainger

Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK’s largest listed residential landlord, a Real Estate Investment Trust (REIT) and a leader in the fast-growing build-to-rent sector, providing c.11,000 rental homes to over 25,000 customers. With a pipeline of secured build-to-rent development projects totalling c.4,300 homes and £1.3bn, Grainger is creating thousands more rental homes by investing in cities across the UK.

Grainger works in partnership with a large number of public sector organisations to deliver new homes to local communities, including Transport for London, Network Rail, the Ministry of Defence, Lewisham Borough Council and the Local Pensions Partnership.

The Grainger team is dedicated to the common purpose of Renting Homes, Enriching Lives, backed by a set of core values.