Balfour Beatty plc (LON:BBY) insider Leo Quinn sold 211,216 shares of Balfour Beatty stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of GBX 267 ($3.49), for a total value of £563,946.72 ($736,896.28).

Leo Quinn also recently made the following trade(s):

  • On Friday, February 15th, Leo Quinn purchased 53 shares of Balfour Beatty stock. The stock was acquired at an average cost of GBX 283 ($3.70) per share, for a total transaction of £149.99 ($195.99).

Shares of LON BBY opened at GBX 260.20 ($3.40) on Friday. The company has a current ratio of 0.96, a quick ratio of 0.90 and a debt-to-equity ratio of 61.89. The company has a market capitalization of $1.78 billion and a price-to-earnings ratio of 13.34. Balfour Beatty plc has a 12 month low of GBX 230.60 ($3.01) and a 12 month high of GBX 318.60 ($4.16).

The company also recently disclosed a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, May 16th will be issued a dividend of GBX 3.20 ($0.04) per share. This represents a dividend yield of 1.12%. The ex-dividend date of this dividend is Thursday, May 16th. This is a positive change from Balfour Beatty’s previous dividend of $1.60. Balfour Beatty’s dividend payout ratio (DPR) is presently 0.26%.

Several brokerages have commented on BBY. Liberum Capital reaffirmed a “buy” rating and issued a GBX 350 ($4.57) price target on shares of Balfour Beatty in a research report on Wednesday, March 13th. Berenberg Bank dropped their price target on Balfour Beatty from GBX 360 ($4.70) to GBX 350 ($4.57) and set a “buy” rating on the stock in a research report on Monday, January 28th. Numis Securities reaffirmed a “buy” rating and issued a GBX 350 ($4.57) price target on shares of Balfour Beatty in a research report on Wednesday, March 13th. Peel Hunt reaffirmed a “buy” rating on shares of Balfour Beatty in a research report on Wednesday, March 13th. Finally, UBS Group reaffirmed a “buy” rating on shares of Balfour Beatty in a research report on Wednesday, January 2nd. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Balfour Beatty presently has a consensus rating of “Buy” and a consensus target price of GBX 345 ($4.51).

WARNING: This article was originally posted by Marea Informative and is the sole property of of Marea Informative. If you are accessing this article on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark laws. The correct version of this article can be viewed at https://www.mareainformativa.com/news/2019/04/21/insider-selling-balfour-beatty-plc-bby-insider-sells-563946-72-in-stock.html.

Balfour Beatty Company Profile

Balfour Beatty plc finances, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through Construction Services, Support Services, and Infrastructure Investments segments. The Construction Services segment provides civil engineering, building, ground engineering, mechanical and electrical installation, refurbishment and fit-out, and rail engineering services.

Featured Story: How much can an individual set aside as a catch-up contribution?

Insider Buying and Selling by Quarter for Balfour Beatty (LON:BBY)

Receive News & Ratings for Balfour Beatty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Balfour Beatty and related companies with MarketBeat.com's FREE daily email newsletter.