Insider Buying: Breedon Group plc (LON:BREE) Insider Purchases £29,999.75 in Stock

Breedon Group plc (LON:BREE) insider Rob Wood bought 10,909 shares of the stock in a transaction dated Wednesday, May 1st. The shares were bought at an average price of GBX 275 ($3.45) per share, for a total transaction of £29,999.75 ($37,683.39).

Rob Wood also recently made the following trade(s):

• On Tuesday, April 23rd, Rob Wood sold 43,715 shares of Breedon Group stock. The stock was sold at an average price of GBX 376 ($4.72), for a total value of £164,368.40 ($206,467.03).

Breedon Group Stock Performance

Breedon Group stock opened at GBX 373.50 ($4.69) on Friday. The firm has a 50 day simple moving average of GBX 376.24 and a 200-day simple moving average of GBX 357.95. The stock has a market cap of £1.28 billion, a price-to-earnings ratio of 1,204.84, a price-to-earnings-growth ratio of 1.56 and a beta of 1.16. The company has a debt-to-equity ratio of 26.72, a current ratio of 1.61 and a quick ratio of 1.12. Breedon Group plc has a 1-year low of GBX 302.90 ($3.80) and a 1-year high of GBX 408 ($5.12).

Breedon Group Increases Dividend

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

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lifted their price target on Breedon Group from GBX 440 ($5.53) to GBX 460 ($5.78) and gave the stock a “buy” rating in a report on Thursday, March 7th.

Breedon Group Company Profile

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.