Helen Gordon Purchases 77 Shares of Grainger (LON:GRI) Stock

Grainger plc (LON:GRI) insider Helen Gordon acquired 77 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was acquired at an average price of GBX 193 per share, with a total value of £148.61.

Helen Gordon also recently made the following trade(s):

• On Friday, January 2nd, Helen Gordon purchased 83 shares of Grainger stock. The stock was acquired at an average price of GBX 181 per share, with a total value of £150.23.
• On Tuesday, December 23rd, Helen Gordon sold 92,066 shares of Grainger stock. The stock was sold at an average price of GBX 181, for a total value of £166,639.46.
• On Tuesday, December 2nd, Helen Gordon bought 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 Stock Performance

GRI opened at GBX 197.20 on Thursday. The company has a debt-to-equity ratio of 84.49, a quick ratio of 0.87 and a current ratio of 4.49. Grainger plc has a 52-week low of GBX 118.30 and a 52-week high of GBX 230. The firm has a market cap of £1.46 billion, a P/E ratio of 7.22, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71. The business’s fifty day moving average is GBX 186.76 and its 200-day moving average is GBX 191.66.

Grainger (LON:GRI) last posted its quarterly earnings results 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%. Sell-side analysts expect that Grainger plc will post 10.4590732 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Berenberg Bank raised their target price on Grainger from GBX 260 to GBX 285 and gave the company a “buy” rating in a report on Tuesday, January 27th. Peel Hunt dropped their price objective on Grainger from GBX 220 to GBX 200 and set a “hold” rating for the company in a research report on Thursday, January 8th. Finally, Jefferies Financial Group lifted their target price on Grainger from GBX 267 to GBX 270 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 251.67.

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.