The Berkeley Group Holdings plc (LON:BKG – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4,891.56 ($64.32) and traded as high as GBX 4,972 ($65.38). The Berkeley Group shares last traded at GBX 4,896 ($64.38), with a volume of 206,803 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of The Berkeley Group in a research report on Friday, July 5th.
Check Out Our Latest Research Report on The Berkeley Group
The Berkeley Group Price Performance
The Berkeley Group Announces Dividend
The firm also recently announced a dividend, which will be paid on Friday, September 20th. Shareholders of record on Monday, September 9th will be issued a GBX 33 ($0.43) dividend. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, September 9th. The Berkeley Group’s dividend payout ratio is presently 1,778.98%.
Insider Activity
In other The Berkeley Group news, insider Rachel Downey acquired 422 shares of The Berkeley Group stock in a transaction that occurred on Friday, June 21st. The shares were acquired at an average cost of GBX 4,712 ($61.96) per share, with a total value of £19,884.64 ($26,146.80). In other news, insider Robert C. G. Perrins sold 200,000 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of GBX 5,248 ($69.01), for a total value of £10,496,000 ($13,801,446.42). Also, insider Rachel Downey acquired 422 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The stock was acquired at an average price of GBX 4,712 ($61.96) per share, with a total value of £19,884.64 ($26,146.80). Corporate insiders own 4.95% of the company’s stock.
About The Berkeley Group
The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.
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