Insider Buying: Severn Trent PLC (LON:SVT) Insider Acquires 300 Shares of Stock

Severn Trent PLC (LON:SVT) insider Thomas (Tom) Delay bought 300 shares of the company’s stock in a transaction on Monday, June 9th. The shares were bought at an average cost of GBX 2,653 ($35.95) per share, for a total transaction of £7,959 ($10,786.01).

Severn Trent Stock Performance

SVT stock traded up GBX 45 ($0.61) during midday trading on Tuesday, reaching GBX 2,706 ($36.67). The stock had a trading volume of 365,360 shares, compared to its average volume of 3,120,875. The stock has a market cap of £8.08 billion, a PE ratio of 45.17, a P/E/G ratio of 4.69 and a beta of 0.38. The company has a debt-to-equity ratio of 450.94, a quick ratio of 0.73 and a current ratio of 2.14. The firm has a fifty day simple moving average of GBX 2,678.44 and a two-hundred day simple moving average of GBX 2,568.73. Severn Trent PLC has a 52-week low of GBX 2,323 ($31.48) and a 52-week high of GBX 2,807 ($38.04).

Severn Trent (LON:SVT) last posted its earnings results on Wednesday, May 21st. The company reported GBX 112.10 ($1.52) EPS for the quarter. Severn Trent had a return on equity of 10.40% and a net margin of 6.00%. As a group, equities research analysts anticipate that Severn Trent PLC will post 107.3706004 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on SVT. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Severn Trent in a report on Thursday, March 6th. Deutsche Bank Aktiengesellschaft decreased their price objective on Severn Trent from GBX 2,700 ($36.59) to GBX 2,600 ($35.24) and set a “hold” rating for the company in a report on Thursday, March 6th.

Severn Trent Company Profile

As one of Britain’s largest water companies, we provide over eight million people across our region with fresh, clean drinking water – about two billion litres every day. And when they’ve finished with it, we take it away again then clean and treat it before returning it safely back to the environment.

We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long term asset growth and an inflation-linked dividend.