The Berkeley Group (LON:BKG) Insider Buys 1,128 Shares of Stock

The Berkeley Group Holdings plc (LON:BKG) insider Richard Stearn bought 1,128 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost of GBX 3,526 per share, for a total transaction of £39,773.28.

Richard Stearn also recently made the following trade(s):

• On Tuesday, August 11th, Richard Stearn purchased 564 shares of The Berkeley Group stock. The shares were bought at an average price of GBX 3,521 per share, with a total value of £19,858.44.

The Berkeley Group Trading Up 0.6%

Shares of BKG traded up GBX 22 during trading on Tuesday, reaching GBX 3,556. 140,204 shares of the company traded hands, compared to its average volume of 3,447,910. The stock has a 50-day simple moving average of GBX 3,458.86 and a 200-day simple moving average of GBX 3,613.36. The stock has a market cap of £3.26 billion, a PE ratio of 10.74, a price-to-earnings-growth ratio of -0.87 and a beta of 1.18. The Berkeley Group Holdings plc has a twelve month low of GBX 2,796 and a twelve month high of GBX 4,442. The company has a quick ratio of 0.57, a current ratio of 3.58 and a debt-to-equity ratio of 18.24.

The Berkeley Group (LON:BKG) last issued its quarterly earnings data on Wednesday, June 24th. The company reported GBX 331.60 EPS for the quarter. The firm had revenue of GBX 238.33 billion for the quarter. The Berkeley Group had a net margin of 13.36% and a return on equity of 8.79%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Berenberg Bank restated a “hold” rating and set a GBX 4,000 price target on shares of The Berkeley Group in a research note on Friday, June 26th. Jefferies Financial Group dropped their price objective on The Berkeley Group from GBX 4,531 to GBX 4,517 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Royal Bank Of Canada boosted their price objective on The Berkeley Group from GBX 3,850 to GBX 4,100 and gave the company an “outperform” rating in a report on Thursday, June 25th. Finally, Citigroup decreased their target price on The Berkeley Group from £375.40 to £365 and set a “neutral” rating on the stock in a research note on Friday, June 26th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 8,252.

The Berkeley Group Company Profile

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.

Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.

We specialise in brownfield regeneration, working closely with local communities and councils to revive underused land and create homes where they are needed most.