Insider Buying: Vistry Group (LON:VTY) Insider Acquires £153.52 in Stock

Vistry Group PLC (LON:VTY) insider Tim Lawlor acquired 38 shares of the stock in a transaction dated Monday, March 16th. The stock was acquired at an average cost of GBX 404 per share, for a total transaction of £153.52.

Tim Lawlor also recently made the following trade(s):

• On Monday, February 16th, Tim Lawlor bought 21 shares of Vistry Group stock. The shares were acquired at an average cost of GBX 721 per share, with a total value of £151.41.
• On Friday, January 16th, Tim Lawlor bought 23 shares of Vistry Group stock. The shares were acquired at an average cost of GBX 636 per share, with a total value of £146.28.
• On Tuesday, December 16th, Tim Lawlor bought 24 shares of Vistry Group stock. The shares were acquired at an average price of GBX 625 per share, with a total value of £150.

Vistry Group Trading Down 1.0%

Vistry Group stock opened at GBX 381 on Thursday. Vistry Group PLC has a 1 year low of GBX 373.50 and a 1 year high of GBX 746.40. The firm’s 50 day moving average price is GBX 623.99 and its two-hundred day moving average price is GBX 631.05. The firm has a market cap of £1.21 billion, a price-to-earnings ratio of 34.02, a price-to-earnings-growth ratio of -0.20 and a beta of 1.65. The company has a debt-to-equity ratio of 17.93, a quick ratio of 0.56 and a current ratio of 2.52.

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

Vistry Group announced that its Board of Directors has initiated a share repurchase program 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. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

VTY has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price target on Vistry Group from GBX 640 to GBX 530 and set a “neutral” rating for the company in a research report on Tuesday, March 10th. Stifel Nicolaus upgraded Vistry Group to a “buy” rating and cut their price objective for the stock from GBX 670 to GBX 610 in a report on Thursday, March 5th. Jefferies Financial Group upped their price objective on shares of Vistry Group from GBX 608 to GBX 659 and gave the company a “hold” rating in a research note on Monday, January 19th. Deutsche Bank Aktiengesellschaft cut shares of Vistry Group to a “hold” rating and decreased their target price for the stock from GBX 803 to GBX 600 in a report on Thursday, March 5th. Finally, The Goldman Sachs Group started coverage on shares of Vistry Group in a report on Monday, November 24th. They set a “buy” rating and a GBX 731 price target on the stock. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Vistry Group currently has a consensus rating of “Hold” and an average target price of GBX 579.56.

About Vistry Group

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.