Insider Buying: Grainger Plc (GRI) Insider Acquires £25,390.76 in Stock

Grainger Plc (LON:GRI) insider Helen Gordon acquired 8,972 shares of Grainger stock in a transaction dated Wednesday, December 6th. The stock was bought at an average price of GBX 283 ($3.81) per share, for a total transaction of £25,390.76 ($34,173.30).

Helen Gordon also recently made the following trade(s):

  • On Friday, November 3rd, Helen Gordon acquired 104 shares of Grainger stock. The stock was bought at an average price of GBX 285 ($3.84) per share, for a total transaction of £296.40 ($398.92).

Shares of Grainger Plc (LON GRI) opened at GBX 286.50 ($3.86) on Friday. Grainger Plc has a 52 week low of GBX 224.40 ($3.02) and a 52 week high of GBX 385.25 ($5.19).

The firm also recently declared a dividend, which will be paid on Friday, February 9th. Shareholders of record on Thursday, December 28th will be paid a GBX 3.26 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, December 28th. This is a boost from Grainger’s previous dividend of $1.60. This represents a yield of 1.18%.

Several analysts have recently issued reports on the company. J P Morgan Chase & Co increased their price objective on Grainger from GBX 310 ($4.17) to GBX 320 ($4.31) and gave the company a “neutral” rating in a research note on Wednesday. Peel Hunt reiterated a “buy” rating and issued a GBX 300 ($4.04) price objective on shares of Grainger in a research note on Wednesday. Jefferies Group restated a “hold” rating and issued a GBX 297 ($4.00) price target on shares of Grainger in a research note on Friday, December 1st. N+1 Singer restated a “buy” rating and issued a GBX 320 ($4.31) price target on shares of Grainger in a research note on Wednesday, September 27th. Finally, Numis Securities restated a “buy” rating and issued a GBX 300 ($4.04) price target on shares of Grainger in a research note on Wednesday, September 27th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of GBX 311.67 ($4.19).

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Grainger Company Profile

Grainger plc is a United Kingdom-based company, which operates as a residential landlord. The Company’s segments include Residential, Development, Funds and Other. Its assets include Regulated Tenancy Portfolio, Private Rented Sector Portfolio and Development. It has a portfolio of approximately 8,610 rental homes.

Insider Buying and Selling by Quarter for Grainger (LON:GRI)

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