Insider Buying: Vistry Group (LON:VTY) Insider Buys £64,666.07 in Stock

Vistry Group PLC (LON:VTY) insider Rob Woodward bought 18,319 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The shares were purchased at an average cost of GBX 353 per share, for a total transaction of £64,666.07.

Vistry Group Stock Performance

LON:VTY opened at GBX 344.68 on Thursday. The business’s 50-day moving average price is GBX 462.12 and its two-hundred day moving average price is GBX 582.14. Vistry Group PLC has a twelve month low of GBX 321.30 and a twelve month high of GBX 746.40. The stock has a market cap of £1.10 billion, a P/E ratio of 8.21, a PEG ratio of -0.20 and a beta of 1.97. The company has a quick ratio of 0.56, a current ratio of 2.52 and a debt-to-equity ratio of 17.93.

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

Vistry Group announced that its board has authorized a stock repurchase plan on Monday, February 2nd that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

Several research firms have weighed in on VTY. Stifel Nicolaus raised Vistry Group to a “buy” rating and lowered their price target for the company from GBX 670 to GBX 610 in a report on Thursday, March 5th. Jefferies Financial Group raised their price target on Vistry Group from GBX 608 to GBX 659 and gave the company a “hold” rating in a report on Monday, January 19th. Royal Bank Of Canada decreased their price objective on Vistry Group from GBX 475 to GBX 385 and set a “buy” rating on the stock in a report on Thursday, March 5th. Deutsche Bank Aktiengesellschaft cut Vistry Group to a “hold” rating and decreased their price objective for the company from GBX 803 to GBX 600 in a report on Thursday, March 5th. Finally, JPMorgan Chase & Co. decreased their price objective on Vistry Group from GBX 640 to GBX 530 and set a “neutral” rating on the stock in a report on Tuesday, March 10th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of GBX 556.60.

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.