Duncan Cooper Acquires 2,945 Shares of Travis Perkins plc (LON:TPK) Stock

Travis Perkins plc (LON:TPK) insider Duncan Cooper acquired 2,945 shares of the business’s stock in a transaction on Tuesday, October 29th. The shares were bought at an average cost of GBX 840 ($10.89) per share, for a total transaction of £24,738 ($32,081.44).

Travis Perkins Stock Performance

Shares of Travis Perkins stock opened at GBX 836 ($10.84) on Thursday. The firm’s fifty day simple moving average is GBX 901.79 and its 200-day simple moving average is GBX 850.99. The stock has a market capitalization of £1.76 billion, a price-to-earnings ratio of -10,450.00, a PEG ratio of 6.44 and a beta of 1.52. Travis Perkins plc has a 12 month low of GBX 687 ($8.91) and a 12 month high of GBX 976 ($12.66). The company has a debt-to-equity ratio of 52.98, a current ratio of 1.65 and a quick ratio of 0.84.

Travis Perkins Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be given a GBX 5.50 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a yield of 0.62%. Travis Perkins’s dividend payout ratio (DPR) is -13,750.00%.

Analyst Upgrades and Downgrades

TPK has been the topic of a number of research analyst reports. Berenberg Bank raised their price objective on shares of Travis Perkins from GBX 800 ($10.37) to GBX 880 ($11.41) and gave the stock a “hold” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 1,100 ($14.27) target price on shares of Travis Perkins in a report on Friday, August 30th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Travis Perkins to a “buy” rating and cut their target price for the company from GBX 1,100 ($14.27) to GBX 910 ($11.80) in a report on Thursday, August 1st.

Travis Perkins Company Profile

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.