Rob Wood Sells 43,715 Shares of Breedon Group plc (LON:BREE) Stock

Breedon Group plc (LON:BREE) insider Rob Wood sold 43,715 shares of the business’s stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of GBX 376 ($4.64), for a total transaction of £164,368.40 ($203,024.21).

Breedon Group Price Performance

Breedon Group stock opened at GBX 358.50 ($4.43) on Friday. Breedon Group plc has a 52 week low of GBX 302.90 ($3.74) and a 52 week high of GBX 408 ($5.04). The company has a quick ratio of 1.12, a current ratio of 1.61 and a debt-to-equity ratio of 26.72. The firm’s 50-day simple moving average is GBX 377.04 and its 200 day simple moving average is GBX 356.29. The firm has a market capitalization of £1.23 billion, a PE ratio of 1,156.45, a P/E/G ratio of 1.56 and a beta of 1.16.

Breedon Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 17th. Investors of record on Thursday, April 4th will be paid a GBX 9.50 ($0.12) dividend. This is an increase from Breedon Group’s previous dividend of $4.00. The ex-dividend date is Thursday, April 4th. This represents a yield of 2.54%. Breedon Group’s payout ratio is presently 4,516.13%.

Analyst Ratings Changes

Separately, Berenberg Bank boosted their target price on shares of Breedon Group from GBX 440 ($5.43) to GBX 460 ($5.68) and gave the stock a “buy” rating in a research report on Thursday, March 7th.

About Breedon Group

Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom, Republic of Ireland, and internationally. It offers various aggregates, such as crushed rock, high polished stone value, sand and gravel, self-binding gravels, decorative aggregates, recycled aggregates, white limestone products, agricultural lime, granular mineral fillers, and welsh slates for use in the construction market.