Robert Hudson Purchases 72 Shares of Grainger plc (LON:GRI) Stock

Grainger plc (LON:GRI) insider Robert Hudson acquired 72 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The stock was acquired at an average cost of GBX 7,200 ($93.49) per share, for a total transaction of £5,184 ($6,731.59).

Robert Hudson also recently made the following trade(s):

• On Monday, February 3rd, Robert Hudson purchased 72 shares of Grainger stock. The shares were purchased at an average price of GBX 208 ($2.70) per share, with a total value of £149.76 ($194.47).

Grainger Price Performance

Shares of Grainger stock opened at GBX 203 ($2.64) on Thursday. The business’s fifty day moving average price is GBX 207.98 and its 200 day moving average price is GBX 222.77. The stock has a market capitalization of £1.50 billion, a P/E ratio of -1,353.33, a PEG ratio of 1.51 and a beta of 0.71. The company has a current ratio of 4.49, a quick ratio of 0.87 and a debt-to-equity ratio of 84.49. Grainger plc has a twelve month low of GBX 196.40 ($2.55) and a twelve month high of GBX 276 ($3.58).

Grainger Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 16th were issued a GBX 5.01 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 2.26%. This is an increase from Grainger’s previous dividend of $2.54. Grainger’s dividend payout ratio is currently -4,666.67%.

Grainger Company Profile

Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK’s largest listed residential landlord and leader in the fast-growing build-to-rent sector, providing c.11,100 rental homes to over 20,000 customers. With a pipeline of secured build-to-rent development projects totalling c.5,000 homes and £1.5bn, Grainger is creating thousands more rental homes by investing in cities across the UK.