Kingfisher plc (KGF) Insider Purchases £149 in Stock

Kingfisher plc (LON:KGF) insider Karen Witts acquired 50 shares of the business’s stock in a transaction on Monday, May 21st. The shares were purchased at an average cost of GBX 298 ($4.00) per share, for a total transaction of £149 ($199.92).

Karen Witts also recently made the following trade(s):

  • On Wednesday, April 18th, Karen Witts bought 49 shares of Kingfisher stock. The shares were acquired at an average price of GBX 302 ($4.05) per share, with a total value of £147.98 ($198.55).
  • On Thursday, March 15th, Karen Witts bought 44 shares of Kingfisher stock. The shares were acquired at an average price of GBX 351 ($4.71) per share, with a total value of £154.44 ($207.22).

Shares of LON KGF opened at GBX 296.90 ($3.98) on Friday. Kingfisher plc has a twelve month low of GBX 285.30 ($3.83) and a twelve month high of GBX 369.80 ($4.96).

The company also recently disclosed a dividend, which will be paid on Monday, June 18th. Investors of record on Thursday, May 3rd will be issued a GBX 7.49 ($0.10) dividend. This is a positive change from Kingfisher’s previous dividend of $3.33. This represents a yield of 2.52%. The ex-dividend date of this dividend is Thursday, May 3rd.

KGF has been the subject of several recent research reports. Credit Suisse Group lowered their target price on shares of Kingfisher from GBX 425 ($5.70) to GBX 410 ($5.50) and set an “outperform” rating for the company in a report on Wednesday, March 21st. Deutsche Bank reiterated a “hold” rating on shares of Kingfisher in a report on Wednesday, May 2nd. Stifel Nicolaus reiterated a “buy” rating on shares of Kingfisher in a report on Thursday, March 22nd. Royal Bank of Canada lowered their target price on shares of Kingfisher from GBX 350 ($4.70) to GBX 325 ($4.36) and set a “sector performer” rating for the company in a report on Monday, March 26th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Kingfisher from GBX 288 ($3.86) to GBX 275 ($3.69) and set an “underweight” rating for the company in a report on Thursday, March 22nd. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 346.25 ($4.65).

Kingfisher Company Profile

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services through a network of retail stores and other channels located primarily in the United Kingdom and continental Europe. The company offers garden furnishing, exterior lighting, performance hand and power tools, heating and cooling systems, security and water treatment products, air treatment products, and communication products.

Insider Buying and Selling by Quarter for Kingfisher (LON:KGF)

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