Insider Selling: Severn Trent (LON:SVT) Insider Sells £606,760 in Stock

Severn Trent PLC (LON:SVT) insider Helen Miles sold 22,000 shares of the stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of GBX 2,758, for a total value of £606,760.

Severn Trent Price Performance

Shares of SVT stock opened at GBX 2,743 on Thursday. Severn Trent PLC has a fifty-two week low of GBX 2,323 and a fifty-two week high of GBX 2,858. The company has a debt-to-equity ratio of 450.94, a quick ratio of 0.73 and a current ratio of 2.14. The firm has a market capitalization of £8.26 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 4.69 and a beta of 0.38. The stock’s 50-day simple moving average is GBX 2,771.20 and its 200-day simple moving average is GBX 2,680.61.

Severn Trent (LON:SVT) last released its earnings results on Wednesday, November 19th. The company reported GBX 101 EPS for the quarter. Severn Trent had a net margin of 6.00% and a return on equity of 10.40%. As a group, equities analysts forecast that Severn Trent PLC will post 107.3706004 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have weighed in on the company. Citigroup reduced their price target on shares of Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating for the company in a research report on Monday, November 3rd. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,850 target price on shares of Severn Trent in a research report on Monday, October 13th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 2,610 price target on shares of Severn Trent in a research report on Wednesday, October 1st. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Severn Trent has an average rating of “Hold” and an average price target of GBX 2,858.80.

About Severn Trent

As one of Britain’s largest water companies, we supply fresh, clean drinking water to over nine million people across our region – around two billion litres every day. Once used, we collect, clean, and treat the water before safely returning it to the environment. We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long-term asset growth, and inflation-linked dividends. The UK’s regulatory model provides a high degree of certainty over five-year periods.