Grafton Group plc (LON:GFTU) Insider Sells £305,400 in Stock

Grafton Group plc (LON:GFTU) insider David Arnold sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of GBX 1,018 ($13.25), for a total value of £305,400 ($397,552.72).

David Arnold also recently made the following trade(s):

• On Tuesday, September 3rd, David Arnold sold 8,902 shares of Grafton Group stock. The shares were sold at an average price of GBX 1,078 ($14.03), for a total value of £95,963.56 ($124,920.02).

Grafton Group Price Performance

Shares of Grafton Group stock opened at GBX 992 ($12.91) on Thursday. The stock has a market cap of £1.97 billion, a price-to-earnings ratio of 1,195.18, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60. The company has a debt-to-equity ratio of 37.66, a quick ratio of 1.56 and a current ratio of 2.21. The stock has a 50 day moving average price of GBX 1,040.87 and a 200-day moving average price of GBX 1,003.76. Grafton Group plc has a one year low of GBX 742.70 ($9.67) and a one year high of GBX 1,097 ($14.28).

Grafton Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, October 11th. Stockholders of record on Thursday, September 12th were issued a GBX 10.50 ($0.14) dividend. This represents a dividend yield of 1%. The ex-dividend date of this dividend was Thursday, September 12th. Grafton Group’s dividend payout ratio (DPR) is 4,457.83%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised their price target on Grafton Group from GBX 1,100 ($14.32) to GBX 1,200 ($15.62) and gave the company a “buy” rating in a report on Thursday, August 29th.

Grafton Group Company Profile

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.