Grainger plc (LON:GRI) Insider Robert Hudson Sells 48,642 Shares

Grainger plc (LON:GRI) insider Robert Hudson sold 48,642 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of GBX 220 ($2.77), for a total transaction of £107,012.40 ($134,505.28).

Robert Hudson also recently made the following trade(s):

• On Wednesday, December 4th, Robert Hudson purchased 64 shares of Grainger stock. The shares were purchased at an average price of GBX 232 ($2.92) per share, for a total transaction of £148.48 ($186.63).

Grainger Trading Down 0.4 %

LON GRI traded down GBX 1 ($0.01) on Monday, hitting GBX 222.50 ($2.80). 33,394,754 shares of the stock were exchanged, compared to its average volume of 1,792,694. The company has a debt-to-equity ratio of 84.35, a current ratio of 3.81 and a quick ratio of 0.87. The company has a market capitalization of £1.64 billion, a price-to-earnings ratio of 8,183.33, a P/E/G ratio of 1.51 and a beta of 0.71. The company’s 50-day moving average price is GBX 231.51 and its two-hundred day moving average price is GBX 237.47. Grainger plc has a 52-week low of GBX 216.50 ($2.72) and a 52-week high of GBX 276 ($3.47).

Grainger Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 21st. Investors of record on Thursday, January 16th will be paid a dividend of GBX 5.01 ($0.06) per share. The ex-dividend date of this dividend is Thursday, January 16th. This is a boost from Grainger’s previous dividend of $2.54. This represents a dividend yield of 2.26%.

Analyst Ratings Changes

Several research firms recently issued reports on GRI. Berenberg Bank restated a “buy” rating and issued a GBX 299 ($3.76) target price on shares of Grainger in a report on Friday, November 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 336 ($4.22) target price on shares of Grainger in a research note on Friday, November 22nd.

Grainger Company Profile

Grainger plc, together with its subsidiaries, owns, operates, and manages private rental homes in the United Kingdom. The company was formerly known as Grainger Trust Plc and changed the name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.