Barratt Developments Plc (LON:BDEV) insider David Thomas sold 26,887 shares of Barratt Developments Plc stock in a transaction dated Monday, October 9th. The shares were sold at an average price of GBX 653 ($8.59), for a total value of £175,572.11 ($230,833.70).
David Thomas also recently made the following trade(s):
- On Friday, September 22nd, David Thomas sold 400,000 shares of Barratt Developments Plc stock. The shares were sold at an average price of GBX 591 ($7.77), for a total value of £2,364,000 ($3,108,072.57).
Barratt Developments Plc (LON BDEV) opened at 667.50 on Wednesday. The firm’s market capitalization is GBX 6.72 billion. Barratt Developments Plc has a one year low of GBX 430.40 and a one year high of GBX 667.50. The stock’s 50 day moving average price is GBX 613.35 and its 200 day moving average price is GBX 594.11.
The firm also recently disclosed a dividend, which will be paid on Monday, November 20th. Stockholders of record on Thursday, October 26th will be paid a dividend of GBX 34.40 ($0.45) per share. This represents a dividend yield of 5.74%. This is a boost from Barratt Developments Plc’s previous dividend of $7.30. The ex-dividend date is Thursday, October 26th.
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BDEV has been the subject of several recent analyst reports. Liberum Capital restated a “sell” rating and issued a GBX 532 ($6.99) price target on shares of Barratt Developments Plc in a research note on Thursday, June 22nd. Jefferies Group LLC lifted their price target on Barratt Developments Plc from GBX 706 ($9.28) to GBX 735 ($9.66) and gave the company a “buy” rating in a research note on Monday, June 26th. Deutsche Bank AG restated a “buy” rating and issued a GBX 703 ($9.24) price target on shares of Barratt Developments Plc in a research note on Monday, July 3rd. Shore Capital restated a “sell” rating on shares of Barratt Developments Plc in a research note on Wednesday, July 12th. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 625 ($8.22) price objective on shares of Barratt Developments Plc in a research note on Wednesday, July 12th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company. Barratt Developments Plc currently has an average rating of “Hold” and an average price target of GBX 649.07 ($8.53).
About Barratt Developments Plc
Barratt Developments PLC is a holding company. The Company is principally engaged in acquiring and developing land, planning, designing and constructing residential property developments and selling the homes, which it builds throughout Britain. The Company operates in two segments: Housebuilding and Commercial developments.
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