The Berkeley Group Holdings plc (LON:BKG) Insider Robert C. G. Perrins Sells 200,000 Shares

The Berkeley Group Holdings plc (LON:BKG) insider Robert C. G. Perrins sold 200,000 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of GBX 5,248 ($68.19), for a total transaction of £10,496,000 ($13,638,253.64).

The Berkeley Group Stock Down 0.2 %

BKG stock traded down GBX 12.13 ($0.16) during midday trading on Tuesday, hitting GBX 5,207.87 ($67.67). The company’s stock had a trading volume of 320,167 shares, compared to its average volume of 266,078. The company has a quick ratio of 0.57, a current ratio of 3.39 and a debt-to-equity ratio of 18.66. The Berkeley Group Holdings plc has a 52-week low of GBX 3,832 ($49.79) and a 52-week high of GBX 5,365 ($69.71). The firm has a market capitalization of £5.51 billion, a P/E ratio of 1,403.74, a PEG ratio of -0.87 and a beta of 1.23. The firm has a 50-day simple moving average of GBX 4,916.86 and a 200-day simple moving average of GBX 4,861.95.

The Berkeley Group Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, July 26th. Shareholders of record on Thursday, June 27th were given a GBX 33 ($0.43) dividend. The ex-dividend date was Thursday, June 27th. This represents a yield of 0.7%. The Berkeley Group’s dividend payout ratio is presently 1,778.98%.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reissued a “neutral” rating on shares of The Berkeley Group in a research report on Friday, July 5th.

The Berkeley Group Company Profile

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.