Nicholas Vetch Sells 120,000 Shares of Big Yellow Group Plc (BYG) Stock

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).

COPYRIGHT VIOLATION NOTICE: “Nicholas Vetch Sells 120,000 Shares of Big Yellow Group Plc (BYG) Stock” was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece of content can be read at https://www.dispatchtribunal.com/2017/12/11/nicholas-vetch-sells-120000-shares-of-big-yellow-group-plc-byg-stock.html.

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.

Receive News & Ratings for Big Yellow Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Big Yellow Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply