Marshalls plc (LON:MSLH) Insider Matt Pullen Acquires 13,439 Shares

Marshalls plc (LON:MSLH) insider Matt Pullen acquired 13,439 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were bought at an average cost of GBX 262 ($3.29) per share, with a total value of £35,210.18 ($44,228.34).

Marshalls Price Performance

Shares of Marshalls stock opened at GBX 268.50 ($3.37) on Tuesday. The company has a debt-to-equity ratio of 39.31, a quick ratio of 1.34 and a current ratio of 1.87. Marshalls plc has a 52-week low of GBX 195.30 ($2.45) and a 52-week high of GBX 315.60 ($3.96). The company has a fifty day moving average of GBX 281.37 and a 200-day moving average of GBX 261.72. The stock has a market capitalization of £679.22 million, a price-to-earnings ratio of 3,835.71, a price-to-earnings-growth ratio of 0.17 and a beta of 1.17.

Marshalls Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, July 1st. Shareholders of record on Thursday, June 6th will be given a dividend of GBX 5.70 ($0.07) per share. This represents a yield of 1.96%. This is a positive change from Marshalls’s previous dividend of $2.60. The ex-dividend date of this dividend is Thursday, June 6th. Marshalls’s dividend payout ratio is presently 11,428.57%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised Marshalls to a “buy” rating and raised their price objective for the company from GBX 320 ($4.02) to GBX 420 ($5.28) in a report on Wednesday, January 31st.

Marshalls Company Profile

Marshalls plc, together with its subsidiaries, manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally. It offers paving products, such as flag paving, natural stone paving, block paving, permeable paving, tactile paving, accessories, steps, rail products, marker blocks, setts and cobbles, and pedestals; kerbs; and combined kerb and drainage systems, linear drainage systems, below ground drainage, offsite solutions, civils and drainage water management, specialist precast, and precast solutions.