Berkeley Group Holdings PLC (LON:BKG) insider Anthony W. Pidgley sold 1,000,000 shares of the firm’s stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of GBX 3,720 ($48.61), for a total value of £37,200,000 ($48,608,388.87).
BKG traded down GBX 73 ($0.95) on Friday, hitting GBX 3,756 ($49.08). 418,452 shares of the company’s stock traded hands, compared to its average volume of 641,898. The firm has a 50 day simple moving average of GBX 3,646.24. The company has a market capitalization of $4.81 billion and a price-to-earnings ratio of 7.99. Berkeley Group Holdings PLC has a one year low of GBX 3,170 ($41.42) and a one year high of GBX 3,992 ($52.16). The company has a current ratio of 2.83, a quick ratio of 0.85 and a debt-to-equity ratio of 10.12.
Several research analysts have recently commented on the company. Shore Capital reaffirmed a “hold” rating on shares of in a research note on Wednesday, June 19th. Liberum Capital raised their price objective on from GBX 2,625 ($34.30) to GBX 2,750 ($35.93) and gave the stock a “buy” rating in a research note on Monday, July 1st. Goldman Sachs Group set a $13.00 target price on Ford Motor and gave the company a “buy” rating in a research note on Thursday, June 13th. Peel Hunt reissued a “hold” rating and set a GBX 935 ($12.22) target price (up previously from GBX 920 ($12.02)) on shares of Antofagasta in a research note on Tuesday, July 9th. Finally, HSBC reissued a “buy” rating on shares of LVMH Moet Hennessy Louis Vuitton in a research note on Tuesday, March 26th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 3,835.50 ($50.12).
Berkeley Group Company Profile
The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. It operates under the Berkeley, St Edward, St George, St James, St Joseph, St William, Berkeley First, Berkeley Commercial, Berkeley Partnership, and Berkeley Modular brands.
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