Britvic plc (LON:BVIC) Insider Buys £140.56 in Stock

Britvic plc (LON:BVIC) insider Simon Litherland purchased 14 shares of the company’s stock in a transaction dated Monday, May 20th. The shares were acquired at an average cost of GBX 1,004 ($12.76) per share, with a total value of £140.56 ($178.65).

Britvic Price Performance

Shares of LON BVIC opened at GBX 985 ($12.52) on Friday. Britvic plc has a twelve month low of GBX 770 ($9.79) and a twelve month high of GBX 1,025 ($13.03). The firm has a fifty day simple moving average of GBX 867.39 and a 200 day simple moving average of GBX 858.89. The company has a market capitalization of £2.46 billion, a PE ratio of 2,052.08, a P/E/G ratio of 1.90 and a beta of 0.64. The company has a quick ratio of 0.73, a current ratio of 0.98 and a debt-to-equity ratio of 183.33.

Britvic Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, May 30th will be paid a dividend of GBX 9.50 ($0.12) per share. This represents a yield of 1.04%. The ex-dividend date is Thursday, May 30th. Britvic’s dividend payout ratio is presently 6,458.33%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BVIC shares. Numis Securities reaffirmed a “hold” rating and set a GBX 900 ($11.44) price target on shares of Britvic in a research note on Thursday, April 11th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Britvic in a research note on Tuesday, April 30th. They set a “buy” rating and a GBX 1,040 ($13.22) target price for the company. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Britvic in a research note on Thursday.

About Britvic

Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It provides fruit juices, syrups, squash, mineral water, sodas, mixers, and energy and flavored drinks. The company supplies water-coolers and bottled water; offers pension funding and financing services; and designs, installs, as well as engages in maintenance of integrated tap related solutions.