Helen Gordon Acquires 8,972 Shares of Grainger Plc (GRI) Stock

Grainger Plc (LON:GRI) insider Helen Gordon purchased 8,972 shares of Grainger stock in a transaction that occurred on Wednesday, December 6th. The stock was bought at an average cost of GBX 283 ($3.81) per share, for a total transaction of £25,390.76 ($34,173.30).

Helen Gordon also recently made the following trade(s):

  • On Friday, November 3rd, Helen Gordon purchased 104 shares of Grainger stock. The stock was bought at an average cost of GBX 285 ($3.84) per share, for a total transaction of £296.40 ($398.92).

Grainger Plc (LON:GRI) opened at GBX 282.70 ($3.80) on Friday. Grainger Plc has a 12 month low of GBX 218.90 ($2.95) and a 12 month high of GBX 385.25 ($5.19).

The firm also recently announced a dividend, which will be paid on Friday, February 9th. Shareholders of record on Thursday, December 28th will be given a dividend of GBX 3.26 ($0.04) per share. This is an increase from Grainger’s previous dividend of $1.60. The ex-dividend date is Thursday, December 28th. This represents a yield of 1.18%.

Several research firms recently commented on GRI. J P Morgan Chase & Co raised their price target on shares of Grainger from GBX 310 ($4.17) to GBX 320 ($4.31) and gave the stock a “neutral” rating in a research note on Wednesday. Peel Hunt reaffirmed a “buy” rating and issued a GBX 300 ($4.04) price target on shares of Grainger in a research note on Wednesday. Jefferies Group reaffirmed a “hold” rating and issued a GBX 297 ($4.00) price target on shares of Grainger in a research note on Friday, December 1st. Numis Securities downgraded shares of Grainger to an “add” rating and raised their price target for the stock from GBX 300 ($4.04) to GBX 323 ($4.35) in a research note on Wednesday, November 29th. Finally, N+1 Singer reaffirmed a “buy” rating and issued a GBX 320 ($4.31) price target on shares of Grainger in a research note on Wednesday, September 27th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of GBX 311.67 ($4.19).

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About Grainger

Grainger plc is a United Kingdom-based company, which operates as a residential landlord. The Company’s segments include Residential, Development, Funds and Other. Its assets include Regulated Tenancy Portfolio, Private Rented Sector Portfolio and Development. It has a portfolio of approximately 8,610 rental homes.

Insider Buying and Selling by Quarter for Grainger (LON:GRI)

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