Jasmine Whitbread Purchases 2,132 Shares of Travis Perkins plc (LON:TPK) Stock

Travis Perkins plc (LON:TPK – Get Rating) insider Jasmine Whitbread bought 2,132 shares of the business’s stock in a transaction dated Wednesday, March 15th. The shares were bought at an average price of GBX 931 ($11.35) per share, with a total value of £19,848.92 ($24,191.25).

Travis Perkins Price Performance

Travis Perkins stock opened at GBX 950.20 ($11.58) on Friday. Travis Perkins plc has a one year low of GBX 707.80 ($8.63) and a one year high of GBX 1,370.50 ($16.70). The business has a fifty day moving average price of GBX 1,008.32 and a 200-day moving average price of GBX 917.43. The company has a debt-to-equity ratio of 50.15, a current ratio of 1.48 and a quick ratio of 0.84. The firm has a market capitalization of £2.02 billion, a P/E ratio of 1,055.78, a PEG ratio of 6.44 and a beta of 1.47.

Travis Perkins Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 18th. Investors of record on Thursday, April 6th will be paid a dividend of GBX 26.50 ($0.32) per share. This is a positive change from Travis Perkins’s previous dividend of $12.50. The ex-dividend date is Thursday, April 6th. This represents a yield of 2.53%. Travis Perkins’s dividend payout ratio (DPR) is currently 4,333.33%.

Wall Street Analyst Weigh In

TPK has been the subject of a number of recent analyst reports. Jefferies Financial Group upped their target price on Travis Perkins from GBX 931 ($11.35) to GBX 1,048 ($12.77) and gave the company a “hold” rating in a research report on Wednesday, March 1st. Royal Bank of Canada reaffirmed an “outperform” rating and issued a GBX 1,250 ($15.23) target price on shares of Travis Perkins in a report on Wednesday, March 1st. Shore Capital reissued a “sell” rating on shares of Travis Perkins in a research note on Monday, March 6th. Barclays reissued an “equal weight” rating and issued a GBX 965 ($11.76) price target on shares of Travis Perkins in a research note on Wednesday, March 1st. Finally, JPMorgan Chase & Co. restated an “underweight” rating and set a GBX 820 ($9.99) target price on shares of Travis Perkins in a research report on Wednesday, March 1st. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of GBX 1,191.44 ($14.52).

Travis Perkins Company Profile

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Travis Perkins plc distributes building materials to the building, construction, and home improvement markets in the United Kingdom. It operates through, Merchanting, and Toolstation segments. The Merchanting segment distributes interior building products, which include drywalls, ceilings, external envelopes, fire protection products, flooring and partitioning products, and tools and accessories to professionals within the construction industry; civil, drainage, and heavy building materials to specialist contractors and trade professionals; and pipeline and heating solutions.