Centrica plc (LON:CNA) Insider Philippe Boisseau Buys 1,270 Shares

Centrica plc (LON:CNA) insider Philippe Boisseau bought 1,270 shares of the firm’s stock in a transaction dated Wednesday, March 26th. The shares were acquired at an average price of GBX 148 ($1.92) per share, with a total value of £1,879.60 ($2,433.45).

Centrica Stock Performance

Shares of LON:CNA traded up GBX 1.45 ($0.02) during trading on Wednesday, hitting GBX 148.40 ($1.92). 1,956,290,375 shares of the stock traded hands, compared to its average volume of 58,647,758. The company has a fifty day moving average price of GBX 141.62 and a two-hundred day moving average price of GBX 130.38. Centrica plc has a 52-week low of GBX 112.99 ($1.46) and a 52-week high of GBX 155.30 ($2.01). The company has a market cap of £7.42 billion, a price-to-earnings ratio of 7.07, a P/E/G ratio of 0.45 and a beta of 1.08. The company has a quick ratio of 0.40, a current ratio of 1.77 and a debt-to-equity ratio of 66.48.

Centrica (LON:CNA) last issued its quarterly earnings data on Thursday, February 20th. The integrated energy company reported GBX 19 ($0.25) earnings per share for the quarter. Centrica had a net margin of 5.39% and a return on equity of 25.16%.

Centrica Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 1st will be paid a dividend of GBX 3 ($0.04) per share. This is a positive change from Centrica’s previous dividend of $1.50. This represents a yield of 2.08%. The ex-dividend date of this dividend is Thursday, May 1st. Centrica’s payout ratio is 19.06%.

Wall Street Analysts Forecast Growth

CNA has been the subject of several research analyst reports. Citigroup reaffirmed a “top pick” rating on shares of Centrica in a research note on Thursday, December 5th. Jefferies Financial Group reissued a “buy” rating and set a GBX 150 ($1.94) price target on shares of Centrica in a research report on Friday, December 6th. One research analyst has rated the stock with a sell rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 167 ($2.16).

About Centrica

Centrica is energising a greener, fairer future for our colleagues, customers and communities. Our integrated business operates across the energy value chain, with over ten million Retail customers, leading brands such as British Gas and Bord Gáis Energy, and the UK’s largest energy services workforce.