Michael W. R. Dobson Buys 15,000 Shares of The Berkeley Group Holdings plc (LON:BKG) Stock

The Berkeley Group Holdings plc (LON:BKG) insider Michael W. R. Dobson purchased 15,000 shares of the company’s stock in a transaction dated Tuesday, January 14th. The stock was purchased at an average cost of GBX 3,500 ($42.82) per share, with a total value of £525,000 ($642,358.99).

The Berkeley Group Stock Performance

LON:BKG opened at GBX 3,630 ($44.41) on Friday. The stock has a market capitalization of £3.71 billion, a P/E ratio of 942.86, a PEG ratio of -0.87 and a beta of 1.22. The company has a debt-to-equity ratio of 18.66, a quick ratio of 0.57 and a current ratio of 3.39. The Berkeley Group Holdings plc has a fifty-two week low of GBX 3,462 ($42.36) and a fifty-two week high of GBX 5,588.54 ($68.38). The company has a 50 day moving average price of GBX 4,030.56 and a 200 day moving average price of GBX 4,580.18.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lowered their price objective on The Berkeley Group from GBX 5,000 ($61.18) to GBX 4,700 ($57.51) and set a “neutral” rating for the company in a research report on Thursday, December 5th.

About The Berkeley Group

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.

Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.