Breedon Group plc (LON:BREE) Insider Rob Wood Sells 43,715 Shares

Breedon Group plc (LON:BREE) insider Rob Wood sold 43,715 shares of Breedon Group stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of GBX 376 ($4.64), for a total value of £164,368.40 ($203,024.21).

Breedon Group Trading Up 1.7 %

LON:BREE opened at GBX 364.50 ($4.50) on Friday. The company has a debt-to-equity ratio of 26.72, a current ratio of 1.61 and a quick ratio of 1.12. Breedon Group plc has a fifty-two week low of GBX 302.90 ($3.74) and a fifty-two week high of GBX 408 ($5.04). The stock’s 50-day moving average is GBX 376.72 and its two-hundred day moving average is GBX 356.48. The stock has a market cap of £1.25 billion, a PE ratio of 1,175.81, a price-to-earnings-growth ratio of 1.56 and a beta of 1.16.

Breedon Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 17th. Shareholders of record on Thursday, April 4th will be paid a dividend of GBX 9.50 ($0.12) per share. This represents a yield of 2.54%. The ex-dividend date is Thursday, April 4th. This is a boost from Breedon Group’s previous dividend of $4.00. Breedon Group’s payout ratio is 4,516.13%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank lifted their price target on Breedon Group from GBX 440 ($5.43) to GBX 460 ($5.68) and gave the stock a “buy” rating in a research note on Thursday, March 7th.

About Breedon Group

Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom, Republic of Ireland, and internationally. It offers various aggregates, such as crushed rock, high polished stone value, sand and gravel, self-binding gravels, decorative aggregates, recycled aggregates, white limestone products, agricultural lime, granular mineral fillers, and welsh slates for use in the construction market.