Breedon Group plc (LON:BREE) Insider James Brotherton Sells 43,648 Shares

Breedon Group plc (LON:BREE) insider James Brotherton sold 43,648 shares of Breedon Group stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of GBX 430 ($5.69), for a total value of £187,686.40 ($248,393.86).

Breedon Group Stock Performance

BREE stock opened at GBX 451 ($5.97) on Wednesday. The business has a 50 day moving average of GBX 451.23 and a 200-day moving average of GBX 443.38. The firm has a market cap of £1.55 billion, a PE ratio of 16.15, a P/E/G ratio of 1.56 and a beta of 1.29. Breedon Group plc has a 12-month low of GBX 356 ($4.71) and a 12-month high of GBX 501 ($6.63). The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 44.86.

Breedon Group (LON:BREE) last announced its quarterly earnings data on Wednesday, March 5th. The company reported GBX 14.50 ($0.19) earnings per share (EPS) for the quarter. Breedon Group had a return on equity of 8.58% and a net margin of 6.34%. As a group, sell-side analysts expect that Breedon Group plc will post 36.8586859 earnings per share for the current year.

Breedon Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 16th. Shareholders of record on Thursday, April 3rd will be given a GBX 10 ($0.13) dividend. This is a positive change from Breedon Group’s previous dividend of $4.50. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a yield of 2.09%. Breedon Group’s payout ratio is currently 50.13%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on BREE shares. Berenberg Bank raised their price objective on Breedon Group from GBX 540 ($7.15) to GBX 590 ($7.81) and gave the company a “buy” rating in a research note on Thursday, March 6th. Royal Bank of Canada dropped their price target on shares of Breedon Group from GBX 650 ($8.60) to GBX 625 ($8.27) and set an “outperform” rating on the stock in a research report on Tuesday.

About Breedon Group

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.