Robert Hudson Sells 48,642 Shares of Grainger plc (LON:GRI) Stock

Grainger plc (LON:GRI) insider Robert Hudson sold 48,642 shares of the stock in a transaction on Thursday, December 19th. The shares were sold at an average price of GBX 220 ($2.76), for a total transaction of £107,012.40 ($134,151.18).

Robert Hudson also recently made the following trade(s):

• On Wednesday, December 4th, Robert Hudson acquired 64 shares of Grainger stock. The stock was bought at an average price of GBX 232 ($2.91) per share, with a total value of £148.48 ($186.14).

Grainger Price Performance

Shares of LON GRI opened at GBX 224 ($2.81) on Wednesday. The company has a debt-to-equity ratio of 84.35, a current ratio of 3.81 and a quick ratio of 0.87. The company has a market cap of £1.65 billion, a PE ratio of 8,183.33, a P/E/G ratio of 1.51 and a beta of 0.71. The stock has a fifty day moving average price of GBX 231.20 and a 200 day moving average price of GBX 237.29. Grainger plc has a 1-year low of GBX 216.50 ($2.71) and a 1-year high of GBX 276 ($3.46).

Grainger Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, January 16th will be paid a dividend of GBX 5.01 ($0.06) per share. This represents a dividend yield of 2.26%. This is a positive change from Grainger’s previous dividend of $2.54. The ex-dividend date of this dividend is Thursday, January 16th.

Analyst Upgrades and Downgrades

GRI has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 336 ($4.21) price target on shares of Grainger in a research report on Friday, November 22nd. Berenberg Bank reissued a “buy” rating and set a GBX 299 ($3.75) price target on shares of Grainger in a report on Friday, November 29th.

Grainger Company Profile

Grainger plc, together with its subsidiaries, owns, operates, and manages private rental homes in the United Kingdom. The company was formerly known as Grainger Trust Plc and changed the name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.