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

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

Marshalls Price Performance

Shares of LON MSLH opened at GBX 245 ($3.18) on Friday. The firm has a market cap of £616.30 million, a P/E ratio of 28.61, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19. Marshalls plc has a 1-year low of GBX 229 ($2.97) and a 1-year high of GBX 366 ($4.75). The business’s 50 day moving average is GBX 249.40 and its 200-day moving average is GBX 295.99.

Marshalls (LON:MSLH) last announced its earnings results on Tuesday, March 18th. The company reported GBX 16 ($0.21) earnings per share for the quarter. Marshalls had a return on equity of 3.32% and a net margin of 3.46%. Equities research analysts predict that Marshalls plc will post 18.2342758 earnings per share for the current year.

Marshalls Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Thursday, June 5th will be paid a dividend of GBX 5.40 ($0.07) per share. The ex-dividend date of this dividend is Thursday, June 5th. This represents a dividend yield of 2.26%. This is a positive change from Marshalls’s previous dividend of $2.60. Marshalls’s dividend payout ratio (DPR) is 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 research note on Wednesday, January 22nd.

About Marshalls

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.