Insider Buying: Centrica plc (LON:CNA) Insider Buys 1,270 Shares of Stock

Centrica plc (LON:CNA) insider Philippe Boisseau purchased 1,270 shares of the firm’s stock in a transaction on Wednesday, March 26th. The shares were acquired at an average cost of GBX 148 ($1.91) per share, with a total value of £1,879.60 ($2,419.98).

Centrica Price Performance

Shares of LON:CNA opened at GBX 148.40 ($1.91) on Thursday. Centrica plc has a 12 month low of GBX 112.99 ($1.45) and a 12 month high of GBX 155.30 ($2.00). The firm has a market capitalization of £7.42 billion, a price-to-earnings ratio of 7.07, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. The business’s 50 day simple moving average is GBX 141.92 and its 200-day simple moving average is GBX 130.52. The company has a debt-to-equity ratio of 66.48, a current ratio of 1.77 and a quick ratio of 0.40.

Centrica (LON:CNA) last announced its quarterly earnings results on Thursday, February 20th. The integrated energy company reported GBX 19 ($0.24) earnings per share (EPS) for the quarter. Centrica had a net margin of 5.39% and a return on equity of 25.16%.

Centrica Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 1st will be paid a dividend of GBX 3 ($0.04) per share. This is an increase from Centrica’s previous dividend of $1.50. The ex-dividend date is Thursday, May 1st. This represents a dividend yield of 2.08%. Centrica’s dividend payout ratio is presently 19.06%.

Analysts Set New Price Targets

Several analysts have recently weighed in on CNA shares. Jefferies Financial Group restated a “buy” rating and set a GBX 150 ($1.93) price objective on shares of Centrica in a research report on Friday, December 6th. Citigroup reiterated a “top pick” rating on shares of Centrica in a research note on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 167 ($2.15).

About Centrica

Centrica is energising a greener, fairer future for our colleagues, customers and communities. Our integrated business operates across the energy value chain, with over ten million Retail customers, leading brands such as British Gas and Bord Gáis Energy, and the UK’s largest energy services workforce.