The Berkeley Group (LON:BKG) Stock Price Crosses Above 200 Day Moving Average of $4,816.26

The Berkeley Group Holdings plc (LON:BKG)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 4,816.26 ($61.69) and traded as high as GBX 4,876 ($62.46). The Berkeley Group shares last traded at GBX 4,850 ($62.12), with a volume of 209,020 shares trading hands.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. JPMorgan Chase & Co. reissued a “neutral” rating on shares of The Berkeley Group in a research report on Friday, July 5th. Royal Bank of Canada lowered The Berkeley Group to an “underperform” rating and set a GBX 4,950 ($63.40) price target on the stock. in a report on Friday, April 12th.

The Berkeley Group Trading Up 0.5 %

The firm has a market capitalization of £5.14 billion, a P/E ratio of 1,152.02, a price-to-earnings-growth ratio of -0.87 and a beta of 1.18. The firm has a fifty day simple moving average of GBX 5,022.52 and a two-hundred day simple moving average of GBX 4,816.26. The company has a debt-to-equity ratio of 19.49, a current ratio of 3.57 and a quick ratio of 0.57.

The Berkeley Group Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, June 27th will be paid a GBX 33 ($0.42) dividend. This represents a yield of 0.7%. The ex-dividend date of this dividend is Thursday, June 27th. The Berkeley Group’s dividend payout ratio is currently 2,185.27%.

Insider Buying and Selling at The Berkeley Group

In other The Berkeley Group news, insider Rachel Downey acquired 422 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The stock was bought at an average cost of GBX 4,712 ($60.36) per share, with a total value of £19,884.64 ($25,470.27). Insiders own 4.52% of the company’s stock.

About The Berkeley Group

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.