Robert Hudson Purchases 83 Shares of Grainger (LON:GRI) Stock

Grainger plc (LON:GRI) insider Robert Hudson purchased 83 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were acquired at an average price of GBX 181 per share, with a total value of £150.23.

Robert Hudson also recently made the following trade(s):

• On Monday, December 22nd, Robert Hudson sold 25,820 shares of Grainger stock. The shares were sold at an average price of GBX 181, for a total value of £46,734.20.
• On Tuesday, December 2nd, Robert Hudson acquired 81 shares of Grainger stock. The shares were bought at an average price of GBX 184 per share, with a total value of £149.04.

Grainger Trading Down 0.3%

Shares of Grainger stock opened at GBX 179.80 on Wednesday. The stock has a market capitalization of £1.33 billion, a P/E ratio of 6.59, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71. The company has a 50-day simple moving average of GBX 184.81 and a 200 day simple moving average of GBX 194.20. The company has a quick ratio of 0.87, a current ratio of 4.49 and a debt-to-equity ratio of 84.49. Grainger plc has a 12-month low of GBX 118.30 and a 12-month high of GBX 230.

Grainger (LON:GRI) last posted its quarterly earnings data on Thursday, November 20th. The company reported GBX 9.30 EPS for the quarter. Grainger had a negative return on equity of 0.06% and a negative net margin of 0.40%. Research analysts expect that Grainger plc will post 10.4590732 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on GRI shares. Jefferies Financial Group raised their price target on shares of Grainger from GBX 267 to GBX 270 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Peel Hunt reiterated a “hold” rating and issued a GBX 220 price target on shares of Grainger in a research note on Thursday, November 20th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Grainger presently has a consensus rating of “Moderate Buy” and an average price target of GBX 245.

Grainger Company Profile

Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK’s largest listed residential landlord, a Real Estate Investment Trust (REIT) and a leader in the fast-growing build-to-rent sector, providing c.11,000 rental homes to over 25,000 customers. With a pipeline of secured build-to-rent development projects totalling c.4,300 homes and £1.3bn, Grainger is creating thousands more rental homes by investing in cities across the UK.

Grainger works in partnership with a large number of public sector organisations to deliver new homes to local communities, including Transport for London, Network Rail, the Ministry of Defence, Lewisham Borough Council and the Local Pensions Partnership.

The Grainger team is dedicated to the common purpose of Renting Homes, Enriching Lives, backed by a set of core values.