Frank Elkins Sells 2,282 Shares of Travis Perkins plc (TPK) Stock
Travis Perkins plc (LON:TPK) insider Frank Elkins sold 2,282 shares of the business’s stock in a transaction dated Friday, September 29th. The stock was sold at an average price of GBX 1,455 ($19.30), for a total value of £33,203.10 ($44,041.78).
Shares of Travis Perkins plc (TPK) opened at 1425.00 on Thursday. Travis Perkins plc has a 52 week low of GBX 1,301.00 and a 52 week high of GBX 1,709.00. The stock has a 50 day moving average price of GBX 1,463.17 and a 200-day moving average price of GBX 1,522.97. The company’s market capitalization is GBX 3.59 billion.
The business also recently disclosed a dividend, which will be paid on Friday, November 10th. Stockholders of record on Thursday, September 28th will be given a dividend of GBX 15.50 ($0.21) per share. The ex-dividend date is Thursday, September 28th. This represents a dividend yield of 1.02%.
TPK has been the subject of several recent research reports. Deutsche Bank AG boosted their price objective on Travis Perkins plc from GBX 1,795 ($23.81) to GBX 1,837 ($24.37) and gave the stock a “buy” rating in a report on Friday, July 28th. Jefferies Group LLC boosted their price objective on Travis Perkins plc from GBX 1,670 ($22.15) to GBX 1,890 ($25.07) and gave the stock a “buy” rating in a report on Monday, June 26th. Shore Capital reissued a “hold” rating on shares of Travis Perkins plc in a report on Tuesday, June 27th. Liberum Capital reissued a “buy” rating and set a GBX 1,650 ($21.89) price objective on shares of Travis Perkins plc in a report on Tuesday, July 11th. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 1,865 ($24.74) price objective on shares of Travis Perkins plc in a report on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 1,682.85 ($22.32).
About Travis Perkins plc
Travis Perkins plc is a United Kingdom-based product supplier to the building, construction and home improvement markets. The Company operates through segments, which include General Merchanting, Plumbing & Heating, Contracts and Consumer. The General Merchanting segment consists of the Travis Perkins and Benchmarx brands and supplies products for various types of repair, maintenance and improvement projects (RMI), as well as new residential and commercial construction.
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