Simon Bourne Sells 14,048 Shares of Marshalls plc (LON:MSLH) Stock

Marshalls plc (LON:MSLH) insider Simon Bourne sold 14,048 shares of the company’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of GBX 237 ($3.07), for a total value of £33,293.76 ($43,171.37).

Marshalls Stock Performance

MSLH opened at GBX 245 ($3.18) on Friday. Marshalls plc has a 52-week low of GBX 229 ($2.97) and a 52-week high of GBX 366 ($4.75). The firm has a market capitalization of £616.30 million, a PE ratio of 28.61, a PEG ratio of 0.17 and a beta of 1.26. The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86. The business’s 50-day simple moving average is GBX 249.40 and its 200 day simple moving average is GBX 295.99.

Marshalls (LON:MSLH) last released its earnings results on Tuesday, March 18th. The company reported GBX 16 ($0.21) earnings per share (EPS) for the quarter. Marshalls had a return on equity of 3.32% and a net margin of 3.46%. As a group, sell-side analysts expect that Marshalls plc will post 18.2342758 earnings per share for the current fiscal year.

Marshalls Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Thursday, June 5th will be paid a GBX 5.40 ($0.07) dividend. This is a positive change from Marshalls’s previous dividend of $2.60. The ex-dividend date of this dividend is Thursday, June 5th. This represents a yield of 2.26%. Marshalls’s dividend payout ratio is currently 93.44%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 420 ($5.45) target price on shares of Marshalls in a report on Wednesday, January 22nd.

Marshalls Company Profile

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership.