Grafton Group plc (LON:GFTU) Insider Eric Born Purchases 1,253 Shares

Grafton Group plc (LON:GFTU) insider Eric Born acquired 1,253 shares of Grafton Group stock in a transaction dated Friday, April 4th. The shares were bought at an average cost of GBX 841 ($10.84) per share, with a total value of £10,537.73 ($13,583.05).

Grafton Group Stock Down 3.0 %

GFTU stock traded down GBX 24.90 ($0.32) during trading on Monday, reaching GBX 813.70 ($10.49). 26,782,799 shares of the stock were exchanged, compared to its average volume of 1,369,129. The firm’s 50 day moving average is GBX 878.97 and its 200 day moving average is GBX 944.23. The firm has a market cap of £1.60 billion, a P/E ratio of 12.48, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60. The company has a current ratio of 2.21, a quick ratio of 1.56 and a debt-to-equity ratio of 37.66. Grafton Group plc has a twelve month low of GBX 790.90 ($10.19) and a twelve month high of GBX 1,097 ($14.14).

Grafton Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 17th will be issued a dividend of GBX 26.50 ($0.34) per share. This is a boost from Grafton Group’s previous dividend of $10.50. This represents a dividend yield of 3.02%. The ex-dividend date is Thursday, April 17th. Grafton Group’s dividend payout ratio (DPR) is currently 56.74%.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,100 ($14.18) price target on shares of Grafton Group in a report on Monday, March 10th.

Grafton Group Company Profile

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.