Insider Selling: Severn Trent (LON:SVT) Insider Sells £197,105.58 in Stock

Severn Trent PLC (LON:SVT) insider James Jesic sold 6,531 shares of the business’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of GBX 3,018, for a total transaction of £197,105.58.

James Jesic also recently made the following trade(s):

• On Monday, June 15th, James Jesic sold 1,350 shares of Severn Trent stock. The stock was sold at an average price of GBX 2,892, for a total transaction of £39,042.

Severn Trent Price Performance

SVT stock opened at GBX 3,028 on Friday. The stock has a market cap of £9.14 billion, a PE ratio of 24.60, a P/E/G ratio of 4.69 and a beta of 0.55. Severn Trent PLC has a 12 month low of GBX 2,381 and a 12 month high of GBX 3,335. The company has a 50-day moving average price of GBX 2,972.64 and a 200 day moving average price of GBX 3,038. The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 596.63.

Severn Trent (LON:SVT) last posted its quarterly earnings data on Wednesday, May 20th. The company reported GBX 179.80 earnings per share for the quarter. The company had revenue of GBX 283.10 billion for the quarter. Severn Trent had a net margin of 13.10% and a return on equity of 20.35%. Equities research analysts anticipate that Severn Trent PLC will post 107.3706004 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SVT. Royal Bank Of Canada increased their price target on Severn Trent from GBX 3,400 to GBX 3,450 and gave the stock a “sector perform” rating in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 3,300 price objective on shares of Severn Trent in a research report on Thursday, May 21st. JPMorgan Chase & Co. increased their target price on Severn Trent from GBX 2,975 to GBX 3,225 and gave the stock a “neutral” rating in a research note on Monday, April 13th. UBS Group reiterated a “sell” rating and set a GBX 2,700 target price on shares of Severn Trent in a research report on Monday, May 18th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 3,220 target price on shares of Severn Trent in a research note on Thursday, May 21st. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 6,867.14.

About Severn Trent

As one of Britain’s largest water companies, we supply fresh, clean drinking water to over nine million people across our region – around two billion litres every day. Once used, we collect, clean, and treat the water before safely returning it to the environment. We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long-term asset growth, and inflation-linked dividends. The UK’s regulatory model provides a high degree of certainty over five-year periods.