Crest Nicholson Holdings plc (LON:CRST) Insider Duncan Cooper Sells 29,739 Shares

Crest Nicholson Holdings plc (LON:CRST – Get Rating) insider Duncan Cooper sold 29,739 shares of the stock in a transaction dated Wednesday, March 8th. The stock was sold at an average price of GBX 232 ($2.83), for a total transaction of £68,994.48 ($84,088.34).

Crest Nicholson Price Performance

Shares of CRST stock opened at GBX 223.20 ($2.72) on Tuesday. The stock has a 50 day moving average of GBX 242.94 and a two-hundred day moving average of GBX 225.22. Crest Nicholson Holdings plc has a 12 month low of GBX 170.50 ($2.08) and a 12 month high of GBX 303.20 ($3.70). The company has a market capitalization of £573.45 million, a P/E ratio of 2,232.00, a P/E/G ratio of 0.51 and a beta of 1.91. The company has a current ratio of 3.08, a quick ratio of 0.72 and a debt-to-equity ratio of 11.44.

Crest Nicholson Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, April 5th. Shareholders of record on Thursday, March 16th will be given a dividend of GBX 11.50 ($0.14) per share. This represents a yield of 4.33%. The ex-dividend date of this dividend is Thursday, March 16th. This is an increase from Crest Nicholson’s previous dividend of $5.50. Crest Nicholson’s payout ratio is 17,000.00%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CRST shares. UBS Group cut shares of Crest Nicholson to a “sell” rating and set a GBX 210 ($2.56) price target on the stock. in a research report on Friday, January 20th. Liberum Capital reissued a “buy” rating on shares of Crest Nicholson in a research report on Monday, February 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 235 ($2.86) price objective on shares of Crest Nicholson in a research note on Friday, November 18th. Jefferies Financial Group boosted their price target on shares of Crest Nicholson from GBX 313 ($3.81) to GBX 334 ($4.07) and gave the stock a “buy” rating in a report on Wednesday, March 8th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Crest Nicholson from GBX 170 ($2.07) to GBX 180 ($2.19) and gave the company an “underweight” rating in a report on Wednesday, January 18th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Crest Nicholson has an average rating of “Hold” and a consensus price target of GBX 244 ($2.97).

Crest Nicholson Company Profile

(Get Rating)

Crest Nicholson Holdings plc builds residential homes in the United Kingdom. The company develops and sells apartments, houses, and commercial properties. It serves first-time buyers, families, and investors. The company was founded in 1963 and is headquartered in Chertsey, the United Kingdom.