Insider Buying: Keller Group plc (LON:KLR) Insider Buys £2,259.06 in Stock

Keller Group plc (LON:KLR) insider Kerry Porritt acquired 138 shares of the company’s stock in a transaction on Tuesday, September 17th. The stock was acquired at an average price of GBX 1,637 ($21.62) per share, with a total value of £2,259.06 ($2,984.23).

Kerry Porritt also recently made the following trade(s):

• On Wednesday, July 3rd, Kerry Porritt bought 330 shares of Keller Group stock. The stock was purchased at an average price of GBX 1,260 ($16.64) per share, with a total value of £4,158 ($5,492.73).

Keller Group Price Performance

Shares of LON:KLR opened at GBX 1,630 ($21.53) on Friday. The firm has a 50 day moving average of GBX 1,550.47 and a 200-day moving average of GBX 1,295.73. The stock has a market capitalization of £1.18 billion, a PE ratio of 958.82, a PEG ratio of 2.86 and a beta of 1.34. The company has a current ratio of 1.36, a quick ratio of 1.17 and a debt-to-equity ratio of 71.25. Keller Group plc has a 12 month low of GBX 672 ($8.88) and a 12 month high of GBX 1,704 ($22.51).

Keller Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 13th. Stockholders of record on Thursday, August 15th were given a GBX 16.60 ($0.22) dividend. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, August 15th. Keller Group’s payout ratio is presently 2,823.53%.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their target price on shares of Keller Group from GBX 1,500 ($19.82) to GBX 1,750 ($23.12) and gave the company a “buy” rating in a research report on Tuesday, August 6th.

Keller Group Company Profile

Keller Group plc provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers ground improvement services, grouting, deep foundations, earth retention, marine, and instrumentation and monitoring services, as well as post-tension systems and industrial services.