Balfour Beatty plc (BBY) Insider Acquires £148.96 in Stock
Balfour Beatty plc (LON:BBY) insider Leo Quinn acquired 56 shares of Balfour Beatty plc stock in a transaction on Thursday, September 14th. The stock was purchased at an average price of GBX 266 ($3.44) per share, with a total value of £148.96 ($192.38).
Leo Quinn also recently made the following trade(s):
- On Wednesday, September 6th, Leo Quinn acquired 100,000 shares of Balfour Beatty plc stock. The stock was purchased at an average price of GBX 263 ($3.40) per share, with a total value of £263,000 ($339,661.63).
- On Monday, August 14th, Leo Quinn acquired 58 shares of Balfour Beatty plc stock. The stock was purchased at an average price of GBX 261 ($3.37) per share, with a total value of £151.38 ($195.51).
Balfour Beatty plc (BBY) traded down 1.39% on Friday, hitting GBX 262.30. The stock had a trading volume of 1,596,589 shares. Balfour Beatty plc has a 12-month low of GBX 252.50 and a 12-month high of GBX 299.30. The company’s market capitalization is GBX 1.78 billion. The company has a 50 day moving average of GBX 265.91 and a 200 day moving average of GBX 273.98.
The business also recently disclosed a dividend, which will be paid on Friday, December 1st. Investors of record on Thursday, October 5th will be issued a GBX 1.20 ($0.02) dividend. The ex-dividend date is Thursday, October 5th. This represents a yield of 0.43%.
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A number of equities analysts have recently issued reports on BBY shares. Berenberg Bank increased their target price on Balfour Beatty plc from GBX 330 ($4.26) to GBX 350 ($4.52) and gave the stock a “buy” rating in a report on Friday, August 25th. Liberum Capital reaffirmed a “buy” rating and set a GBX 350 ($4.52) price target on shares of Balfour Beatty plc in a report on Wednesday, August 30th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 278 ($3.59) price target on shares of Balfour Beatty plc in a report on Friday, May 19th. Peel Hunt reaffirmed an “add” rating and set a GBX 300 ($3.87) price target on shares of Balfour Beatty plc in a report on Thursday, May 18th. Finally, Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 350 ($4.52) price target on shares of Balfour Beatty plc in a report on Wednesday, August 16th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 321.86 ($4.16).
About Balfour Beatty plc
Balfour Beatty plc is an infrastructure company that provides maintenance, upgrade and management services in power transmission, utilities infrastructure, and road and rail. The Company operates through three segments: Construction Services segment, which is engaged in the physical construction of an asset; Support Services segment, which is engaged in supporting existing assets or functions, such as asset maintenance and refurbishment, and Infrastructure Investments segment, which is engaged in the acquisition operation and disposal of infrastructure assets, such as roads, hospitals, schools, student accommodation, military housing, waste and biomass, offshore transmission networks and other concessions.
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