Big Yellow Group Plc (LON:BYG) insider Nicholas Vetch sold 120,000 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of GBX 841 ($11.32), for a total value of £1,009,200 ($1,358,277.25).
Big Yellow Group Plc (BYG) traded down GBX 26 ($0.35) during mid-day trading on Monday, reaching GBX 825.50 ($11.11). The company’s stock had a trading volume of 222,000 shares, compared to its average volume of 302,214. Big Yellow Group Plc has a 52 week low of GBX 631.50 ($8.50) and a 52 week high of GBX 852 ($11.47).
The company also recently disclosed a dividend, which will be paid on Friday, January 5th. Shareholders of record on Thursday, December 7th will be paid a dividend of GBX 15.30 ($0.21) per share. The ex-dividend date is Thursday, December 7th. This represents a yield of 1.83%. This is a boost from Big Yellow Group’s previous dividend of $14.10.
BYG has been the subject of several research analyst reports. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 880 ($11.84) target price on shares of Big Yellow Group in a research note on Wednesday, November 22nd. Peel Hunt increased their price objective on Big Yellow Group from GBX 700 ($9.42) to GBX 750 ($10.09) and gave the company a “hold” rating in a research note on Tuesday, November 21st. Goldman Sachs Group reissued a “buy” rating and issued a GBX 946 ($12.73) price objective on shares of Big Yellow Group in a research note on Wednesday, September 27th. Jefferies Group reissued a “hold” rating and issued a GBX 795 ($10.70) price objective on shares of Big Yellow Group in a research note on Wednesday, November 22nd. Finally, Numis Securities raised Big Yellow Group to an “add” rating and set a GBX 885 ($11.91) price objective for the company in a research note on Wednesday, November 22nd. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 858 ($11.55).
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Big Yellow Group Company Profile
Big Yellow Group PLC is a United Kingdom-based company, which is engaged in the provision of self-storage and related services. The Company operates from a platform of approximately 89 stores, including 16 stores branded as Armadillo Self Storage. The Company also owns over seven Big Yellow self-storage development sites (including two extensions sites), of which two have planning consent.
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