Insider Selling: Vistry Group (LON:VTY) Insider Sells 34,642 Shares of Stock

Vistry Group PLC (LON:VTY) insider Greg Fitzgerald sold 34,642 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of GBX 357, for a total value of £123,671.94.

Vistry Group Stock Down 1.3%

VTY stock traded down GBX 4.40 during mid-day trading on Monday, hitting GBX 341.10. The stock had a trading volume of 35,972,203 shares, compared to its average volume of 19,026,391. Vistry Group PLC has a 1-year low of GBX 325.80 and a 1-year high of GBX 746.40. The company has a fifty day moving average of GBX 610.81 and a 200 day moving average of GBX 627.73. The company has a current ratio of 2.52, a quick ratio of 0.56 and a debt-to-equity ratio of 17.93. The stock has a market capitalization of £1.09 billion, a price-to-earnings ratio of 30.46, a PEG ratio of -0.20 and a beta of 1.65.

Vistry Group (LON:VTY) last announced its quarterly earnings results on Wednesday, March 4th. The company reported GBX 59.30 earnings per share (EPS) for the quarter. Vistry Group had a return on equity of 4.20% and a net margin of 3.82%. On average, equities analysts expect that Vistry Group PLC will post 108.4606345 EPS for the current fiscal year.

Vistry Group declared that its board has authorized a stock buyback plan on Monday, February 2nd that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several research firms have recently issued reports on VTY. The Goldman Sachs Group began coverage on Vistry Group in a research note on Monday, November 24th. They set a “buy” rating and a GBX 731 price target for the company. Deutsche Bank Aktiengesellschaft lowered Vistry Group to a “hold” rating and reduced their target price for the stock from GBX 803 to GBX 600 in a report on Thursday, March 5th. Royal Bank Of Canada decreased their target price on Vistry Group from GBX 475 to GBX 385 and set a “buy” rating for the company in a research report on Thursday, March 5th. Jefferies Financial Group lifted their price target on shares of Vistry Group from GBX 608 to GBX 659 and gave the company a “hold” rating in a research report on Monday, January 19th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Vistry Group from GBX 640 to GBX 530 and set a “neutral” rating for the company in a research note on Tuesday, March 10th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of GBX 579.56.

Vistry Group Company Profile

Vistry Group is a leading homebuilder developing in partnership to deliver sustainable homes, communities, and social value, leaving a lasting legacy of places where people love to live.

Operating across 25 regions, we build homes for those who need them right across the UK. Our partners include Registered Providers, Local Authorities, Homes England and Private Rented Sector providers.

Our timber manufacturing capability, Vistry Works, is at the core of our strategy to deliver more quality homes, faster.

We sell homes on the open market through three respected brands: Bovis Homes, Linden Homes, and Countryside Homes.