Travis Perkins plc (LON:TPK) Insider Duncan Cooper Acquires 2,945 Shares

Travis Perkins plc (LON:TPK) insider Duncan Cooper acquired 2,945 shares of the company’s stock in a transaction on Tuesday, October 29th. The shares were purchased at an average cost of GBX 840 ($10.89) per share, with a total value of £24,738 ($32,081.44).

Travis Perkins Stock Down 2.6 %

TPK traded down GBX 22 ($0.29) during trading on Tuesday, reaching GBX 829.50 ($10.76). 335,984 shares of the stock were exchanged, compared to its average volume of 864,783. The stock has a market cap of £1.75 billion, a P/E ratio of -10,643.75, a price-to-earnings-growth ratio of 6.44 and a beta of 1.52. The company has a debt-to-equity ratio of 52.98, a quick ratio of 0.84 and a current ratio of 1.65. The stock’s 50 day moving average price is GBX 903.54 and its two-hundred day moving average price is GBX 850.46. Travis Perkins plc has a twelve month low of GBX 687 ($8.91) and a twelve month high of GBX 976 ($12.66).

Travis Perkins Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, October 3rd will be given a dividend of GBX 5.50 ($0.07) per share. This represents a yield of 0.62%. The ex-dividend date is Thursday, October 3rd. Travis Perkins’s dividend payout ratio (DPR) is presently -13,750.00%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Berenberg Bank raised their price objective on shares of Travis Perkins from GBX 800 ($10.37) to GBX 880 ($11.41) and gave the company a “hold” rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 1,100 ($14.27) price target on shares of Travis Perkins in a research note on Friday, August 30th. Finally, Deutsche Bank Aktiengesellschaft upgraded Travis Perkins to a “buy” rating and lowered their price target for the stock from GBX 1,100 ($14.27) to GBX 910 ($11.80) in a report on Thursday, August 1st.

Travis Perkins Company Profile

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.