Travis Perkins plc (LON:TPK) Insider Jasmine Whitbread Purchases 2,132 Shares of Stock

Travis Perkins plc (LON:TPK – Get Rating) insider Jasmine Whitbread bought 2,132 shares of the company’s stock in a transaction dated Wednesday, March 15th. The stock was acquired at an average price of GBX 931 ($11.35) per share, for a total transaction of £19,848.92 ($24,191.25).

Travis Perkins Price Performance

Travis Perkins stock opened at GBX 950.20 ($11.58) on Friday. The company has a quick ratio of 0.84, a current ratio of 1.48 and a debt-to-equity ratio of 50.15. Travis Perkins plc has a 12-month low of GBX 707.80 ($8.63) and a 12-month high of GBX 1,370.50 ($16.70). The stock has a market cap of £2.02 billion, a price-to-earnings ratio of 1,055.78, a P/E/G ratio of 6.44 and a beta of 1.47. The business’s 50-day simple moving average is GBX 1,008.32 and its 200 day simple moving average is GBX 917.43.

Travis Perkins Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 18th. Stockholders of record on Thursday, April 6th will be issued a dividend of GBX 26.50 ($0.32) per share. This represents a dividend yield of 2.53%. The ex-dividend date of this dividend is Thursday, April 6th. This is a boost from Travis Perkins’s previous dividend of $12.50. Travis Perkins’s payout ratio is 4,333.33%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on TPK shares. Royal Bank of Canada restated an “outperform” rating and issued a GBX 1,250 ($15.23) price objective on shares of Travis Perkins in a report on Wednesday, March 1st. JPMorgan Chase & Co. reissued an “underweight” rating and issued a GBX 820 ($9.99) price objective on shares of Travis Perkins in a research report on Wednesday, March 1st. Peel Hunt reissued an “add” rating and issued a GBX 1,030 ($12.55) price objective on shares of Travis Perkins in a research report on Tuesday, February 28th. Jefferies Financial Group increased their price objective on Travis Perkins from GBX 931 ($11.35) to GBX 1,048 ($12.77) and gave the company a “hold” rating in a research report on Wednesday, March 1st. Finally, Barclays reissued an “equal weight” rating and issued a GBX 965 ($11.76) price objective on shares of Travis Perkins in a research report on Wednesday, March 1st. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of GBX 1,191.44 ($14.52).

Travis Perkins Company Profile

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Travis Perkins plc distributes building materials to the building, construction, and home improvement markets in the United Kingdom. It operates through, Merchanting, and Toolstation segments. The Merchanting segment distributes interior building products, which include drywalls, ceilings, external envelopes, fire protection products, flooring and partitioning products, and tools and accessories to professionals within the construction industry; civil, drainage, and heavy building materials to specialist contractors and trade professionals; and pipeline and heating solutions.