Grainger plc (LON:GRI) Insider Helen Gordon Sells 29,992 Shares of Stock

Posted by Defense World Staff on Jan 17th, 2025

Grainger plc (LON:GRI – Get Free Report) insider Helen Gordon sold 29,992 shares of Grainger stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of GBX 215 ($2.63), for a total value of £64,482.80 ($78,897.34).

Grainger Stock Down 1.4 %

Shares of LON GRI opened at GBX 218.50 ($2.67) on Friday. The company has a debt-to-equity ratio of 84.35, a current ratio of 3.81 and a quick ratio of 0.87. The stock has a market capitalization of £1.61 billion, a PE ratio of 8,183.33, a P/E/G ratio of 1.51 and a beta of 0.71. Grainger plc has a one year low of GBX 211.50 ($2.59) and a one year high of GBX 276 ($3.38). The business’s fifty day moving average price is GBX 226.34 and its 200-day moving average price is GBX 235.23.

Grainger Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 21st. Shareholders of record on Thursday, January 16th will be issued a dividend of GBX 5.01 ($0.06) per share. The ex-dividend date of this dividend is Thursday, January 16th. This is an increase from Grainger’s previous dividend of $2.54. This represents a yield of 2.26%.

Wall Street Analysts Forecast Growth

GRI has been the topic of several research reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 299 ($3.66) price objective on shares of Grainger in a research report on Friday, November 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 336 ($4.11) price target on shares of Grainger in a report on Friday, November 22nd.

Get Our Latest Stock Report on GRI

About Grainger

(Get Free Report)

Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK’s largest listed residential landlord and leader in the fast-growing build-to-rent sector, providing c.11,100 rental homes to over 20,000 customers. With a pipeline of secured build-to-rent development projects totalling c.5,000 homes and £1.5bn, Grainger is creating thousands more rental homes by investing in cities across the UK.