3i Group plc (LON:III) insider Caroline Banszky purchased 1,342 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was purchased at an average price of GBX 1,109 ($14.49) per share, for a total transaction of £14,882.78 ($19,446.99).
Shares of III stock opened at GBX 1,103 ($14.41) on Monday. The company has a quick ratio of 8.51, a current ratio of 9.18 and a debt-to-equity ratio of 7.27. The firm has a market cap of $10.73 billion and a P/E ratio of 8.63. The business’s 50 day moving average is GBX 1,085.80. 3i Group plc has a 52 week low of GBX 7.95 ($0.10) and a 52 week high of GBX 1,166 ($15.24).
The business also recently announced a dividend, which was paid on Friday, July 19th. Shareholders of record on Thursday, June 13th were issued a dividend of GBX 20 ($0.26) per share. This is an increase from 3i Group’s previous dividend of $15.00. This represents a yield of 1.89%. The ex-dividend date was Thursday, June 13th. 3i Group’s dividend payout ratio (DPR) is 0.27%.
III has been the topic of a number of analyst reports. Numis Securities increased their price target on shares of 3i Group from GBX 1,265 ($16.53) to GBX 1,360 ($17.77) and gave the company a “buy” rating in a research report on Tuesday, May 28th. Barclays raised their target price on shares of 3i Group from GBX 1,185 ($15.48) to GBX 1,270 ($16.59) and gave the stock an “overweight” rating in a report on Tuesday, July 30th.
About 3i Group
3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.
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