Insider Buying: The Berkeley Group (LON:BKG) Insider Purchases 3,405 Shares of Stock

The Berkeley Group Holdings plc (LON:BKG – Get Free Report) insider Neil Eady purchased 3,405 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average price of GBX 3,515 per share, for a total transaction of £119,685.75.

The Berkeley Group Stock Up 0.6%

LON BKG traded up GBX 22 during mid-day trading on Tuesday, reaching GBX 3,556. The stock had a trading volume of 140,204 shares, compared to its average volume of 3,447,910. The stock has a market cap of £3.26 billion, a PE ratio of 10.74, a price-to-earnings-growth ratio of -0.87 and a beta of 1.18. The Berkeley Group Holdings plc has a 1 year low of GBX 2,796 and a 1 year high of GBX 4,442. The company has a debt-to-equity ratio of 18.24, a current ratio of 3.58 and a quick ratio of 0.57. The company has a fifty day moving average price of GBX 3,458.86 and a 200 day moving average price of GBX 3,613.36.

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The Berkeley Group (LON:BKG – Get Free Report) last posted its quarterly earnings results on Wednesday, June 24th. The company reported GBX 331.60 earnings per share for the quarter. The Berkeley Group had a return on equity of 8.79% and a net margin of 13.36%.The firm had revenue of GBX 238.33 billion during the quarter.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on BKG. Jefferies Financial Group dropped their target price on The Berkeley Group from GBX 4,531 to GBX 4,517 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Royal Bank Of Canada increased their price objective on The Berkeley Group from GBX 3,850 to GBX 4,100 and gave the company an “outperform” rating in a report on Thursday, June 25th. Citigroup decreased their price target on The Berkeley Group from £375.40 to £365 and set a “neutral” rating for the company in a research note on Friday, June 26th. Finally, Berenberg Bank reiterated a “hold” rating and issued a GBX 4,000 target price on shares of The Berkeley Group in a research report on Friday, June 26th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 8,252.

View Our Latest Stock Report on BKG

About The Berkeley Group

(Get Free Report)

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.

Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.

We specialise in brownfield regeneration, working closely with local communities and councils to revive underused land and create homes where they are needed most.

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