Ian Tyler Purchases 1,180 Shares of Grafton Group plc (LON:GFTU) Stock

Grafton Group plc (LON:GFTUGet Free Report) insider Ian Tyler purchased 1,180 shares of the stock in a transaction that occurred on Wednesday, April 9th. The stock was bought at an average price of GBX 835 ($10.84) per share, with a total value of £9,853 ($12,789.46).

Grafton Group Trading Up 3.1 %

GFTU opened at GBX 850.90 ($11.04) on Friday. The company has a debt-to-equity ratio of 37.66, a quick ratio of 1.56 and a current ratio of 2.21. The stock’s 50 day moving average price is GBX 869.46 and its 200-day moving average price is GBX 936.78. Grafton Group plc has a one year low of GBX 790.90 ($10.27) and a one year high of GBX 1,097 ($14.24). The stock has a market cap of £1.67 billion, a price-to-earnings ratio of 13.05, a P/E/G ratio of 1.58 and a beta of 1.60.

Grafton Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, April 17th will be given a GBX 26.50 ($0.34) dividend. This represents a yield of 3.02%. The ex-dividend date of this dividend is Thursday, April 17th. This is an increase from Grafton Group’s previous dividend of $10.50. Grafton Group’s dividend payout ratio is 56.74%.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,100 ($14.28) target price on shares of Grafton Group in a report on Monday, March 10th.

Get Our Latest Stock Analysis on GFTU

About Grafton Group

(Get Free Report)

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.

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