James Thomson Acquires 24 Shares of MJ Gleeson PLC (LON:GLE) Stock

MJ Gleeson PLC (LON:GLE) insider James Thomson acquired 24 shares of the business’s stock in a transaction on Thursday, December 5th. The stock was purchased at an average price of GBX 811 ($10.60) per share, for a total transaction of £194.64 ($254.33).

James Thomson also recently made the following trade(s):

  • On Tuesday, October 8th, James Thomson bought 2,465 shares of MJ Gleeson stock. The shares were acquired at an average cost of GBX 800 ($10.45) per share, for a total transaction of £19,720 ($25,767.67).

LON GLE opened at GBX 816 ($10.66) on Monday. The company has a market capitalization of $448.34 million and a price-to-earnings ratio of 13.65. MJ Gleeson PLC has a 12 month low of GBX 600 ($7.84) and a 12 month high of GBX 940 ($12.28). The company’s fifty day moving average price is GBX 807.16 and its two-hundred day moving average price is GBX 814.87.

The business also recently announced a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 14th will be given a GBX 23 ($0.30) dividend. The ex-dividend date is Thursday, November 14th. This represents a dividend yield of 2.74%. This is an increase from MJ Gleeson’s previous dividend of $11.50. MJ Gleeson’s payout ratio is presently 0.57%.

Several research analysts recently commented on GLE shares. Liberum Capital reiterated a “buy” rating on shares of MJ Gleeson in a research note on Monday, December 2nd. Peel Hunt restated a “hold” rating on shares of MJ Gleeson in a research note on Monday, December 2nd. Berenberg Bank lifted their price objective on MJ Gleeson from GBX 900 ($11.76) to GBX 920 ($12.02) and gave the stock a “buy” rating in a report on Monday, September 16th. Finally, Peel Hunt upped their target price on MJ Gleeson from GBX 745 ($9.73) to GBX 800 ($10.45) and gave the company a “hold” rating in a research report on Monday, September 16th.

About MJ Gleeson

MJ Gleeson plc engages in urban housing regeneration and strategic land trading activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Strategic Land. It engages in house building activities on brownfield land in the north of England; and strategic land trading primarily in the south of England.

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