The Berkeley Group Holdings plc (BKG) to Issue Dividend of GBX 33 on July 26th

The Berkeley Group Holdings plc (LON:BKG) declared a dividend on Wednesday, June 19th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 27th will be given a dividend of GBX 33 ($0.42) per share on Friday, July 26th. This represents a dividend yield of 0.7%. The ex-dividend date is Thursday, June 27th. The official announcement can be viewed at this link.

The Berkeley Group Stock Performance

Shares of The Berkeley Group stock opened at GBX 4,748 ($60.33) on Friday. The firm has a market capitalization of £5.03 billion, a P/E ratio of 1,122.09, a price-to-earnings-growth ratio of -0.87 and a beta of 1.18. The company has a current ratio of 3.57, a quick ratio of 0.57 and a debt-to-equity ratio of 19.49. The business’s fifty day simple moving average is GBX 5,009.88 and its 200 day simple moving average is GBX 4,824.21. The Berkeley Group has a 12 month low of GBX 3,634 ($46.18) and a 12 month high of GBX 5,360 ($68.11).

Insiders Place Their Bets

In other news, insider Sarah Sands purchased 319 shares of the firm’s stock in a transaction dated Tuesday, March 26th. The shares were purchased at an average price of GBX 4,698 ($59.70) per share, with a total value of £14,986.62 ($19,042.72). Corporate insiders own 4.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Royal Bank of Canada lowered shares of The Berkeley Group to an “underperform” rating and set a GBX 4,950 ($62.90) price target for the company. in a research report on Friday, April 12th. JPMorgan Chase & Co. downgraded The Berkeley Group to a “neutral” rating in a research note on Friday, April 12th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 4,620.67 ($58.71).

The Berkeley Group Company Profile

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.