Marston’s PLC (LON:MARS) insider Ralph Graham Findlay bought 165,438 shares of the business’s stock in a transaction on Tuesday, December 5th. The stock was bought at an average cost of GBX 120 ($1.62) per share, with a total value of £198,525.60 ($267,194.62).

Ralph Graham Findlay also recently made the following trade(s):

  • On Thursday, September 28th, Ralph Graham Findlay bought 8,293 shares of Marston’s stock. The stock was bought at an average cost of GBX 107 ($1.44) per share, with a total value of £8,873.51 ($11,942.81).
  • On Friday, September 8th, Ralph Graham Findlay purchased 23,549 shares of Marston’s stock. The shares were acquired at an average price of GBX 106 ($1.43) per share, for a total transaction of £24,961.94 ($33,596.15).

Shares of Marston’s PLC (MARS) traded up GBX 0.38 ($0.01) during trading on Tuesday, reaching GBX 118.38 ($1.59). 2,022,855 shares of the company’s stock were exchanged, compared to its average volume of 2,450,000. Marston’s PLC has a twelve month low of GBX 99.85 ($1.34) and a twelve month high of GBX 147.70 ($1.99).

The firm also recently disclosed a dividend, which will be paid on Monday, January 29th. Stockholders of record on Thursday, December 14th will be paid a GBX 4.80 ($0.06) dividend. The ex-dividend date is Thursday, December 14th. This represents a dividend yield of 4.11%. This is a positive change from Marston’s’s previous dividend of $2.70.

Several analysts have commented on the stock. Shore Capital reiterated a “buy” rating on shares of Marston’s in a research note on Monday, August 7th. restated a “hold” rating and issued a GBX 115 ($1.55) target price on shares of Marston’s in a report on Friday, September 1st. Barclays restated an “underweight” rating and issued a GBX 115 ($1.55) target price on shares of Marston’s in a report on Monday, September 11th. Numis Securities restated an “add” rating and issued a GBX 125 ($1.68) target price on shares of Marston’s in a report on Friday, September 15th. Finally, Canaccord Genuity upped their price target on shares of Marston’s from GBX 110 ($1.48) to GBX 130 ($1.75) and gave the company a “hold” rating in a report on Friday, September 22nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of GBX 128.50 ($1.73).

TRADEMARK VIOLATION NOTICE: “Ralph Graham Findlay Buys 165,438 Shares of Marston’s PLC (MARS) Stock” was first posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The legal version of this story can be accessed at https://www.americanbankingnews.com/2017/12/05/ralph-graham-findlay-buys-165438-shares-of-marstons-plc-mars-stock.html.

About Marston’s

Marston’s PLC is engaged in running pubs and beer brewing. The Company owns a range of assets from pubs to brands. The Company’s segments include Destination and Premium, which consists of food and drink sales, accommodation and gaming machine income; Taverns, which includes Food and drink sales, rent from licensed properties, accommodation and gaming machine income; Leased, which includes drink sales, rent from licensed properties and gaming machine income; Brewing, which comprises drink sales and third-party brewing, packaging and distribution, and Group Services.

Receive News & Ratings for Marston's PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marston's PLC and related companies with MarketBeat.com's FREE daily email newsletter.