Duncan Cooper Acquires 2,945 Shares of Travis Perkins plc (LON:TPK) Stock

Travis Perkins plc (LON:TPK) insider Duncan Cooper acquired 2,945 shares of the stock in a transaction dated Tuesday, October 29th. The stock was acquired at an average cost of GBX 840 ($10.89) per share, with a total value of £24,738 ($32,081.44).

Travis Perkins Stock Up 1.2 %

Shares of LON:TPK opened at GBX 836 ($10.84) on Thursday. The firm’s 50 day moving average price is GBX 901.79 and its 200 day moving average price is GBX 850.99. The stock has a market cap of £1.76 billion, a price-to-earnings ratio of -10,450.00, a price-to-earnings-growth ratio of 6.44 and a beta of 1.52. Travis Perkins plc has a fifty-two week low of GBX 687 ($8.91) and a fifty-two week high of GBX 976 ($12.66). The company has a quick ratio of 0.84, a current ratio of 1.65 and a debt-to-equity ratio of 52.98.

Travis Perkins Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, October 3rd will be issued a dividend of GBX 5.50 ($0.07) per share. The ex-dividend date is Thursday, October 3rd. This represents a yield of 0.62%. Travis Perkins’s payout ratio is currently -13,750.00%.

Analyst Ratings Changes

TPK has been the topic of several analyst reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 1,100 ($14.27) target price on shares of Travis Perkins in a report on Friday, August 30th. Berenberg Bank raised their target price on shares of Travis Perkins from GBX 800 ($10.37) to GBX 880 ($11.41) and gave the company a “hold” rating in a report on Thursday, October 24th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Travis Perkins to a “buy” rating and reduced their target price for the company from GBX 1,100 ($14.27) to GBX 910 ($11.80) in a report on Thursday, August 1st.

About Travis Perkins

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.