Insider Buying: Breedon Group plc (LON:BREE) Insider Acquires 10,909 Shares of Stock

Breedon Group plc (LON:BREE) insider Rob Wood bought 10,909 shares of the firm’s stock in a transaction on 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 shares were sold at an average price of GBX 376 ($4.72), for a total transaction of £164,368.40 ($206,467.03).

Breedon Group Stock Performance

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

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. The ex-dividend date of this dividend is Thursday, April 4th. This is a positive change from Breedon Group’s previous dividend of $4.00. This represents a dividend yield of 2.54%. Breedon Group’s payout ratio is currently 4,516.13%.

Analysts Set New Price Targets

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

About Breedon Group

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.