Tom Hinton Buys 48 Shares of Kier Group (LON:KIE) Stock

Kier Group plc (LON:KIE) insider Tom Hinton purchased 48 shares of the stock in a transaction that occurred on Friday, September 18th. The shares were purchased at an average cost of GBX 309 per share, with a total value of £148.32.

Tom Hinton also recently made the following trade(s):

• On Tuesday, August 18th, Tom Hinton purchased 58 shares of Kier Group stock. The shares were purchased at an average cost of GBX 259 per share, for a total transaction of £150.22.
• On Friday, July 17th, Tom Hinton acquired 68 shares of Kier Group stock. The stock was purchased at an average price of GBX 221 per share, for a total transaction of £150.28.

Kier Group Stock Performance

LON:KIE opened at GBX 306.20 on Thursday. The firm has a 50-day moving average of GBX 254.77 and a two-hundred day moving average of GBX 224.50. The company has a debt-to-equity ratio of 360.81, a current ratio of 0.90 and a quick ratio of 0.69. The stock has a market cap of £1.32 billion, a P/E ratio of 23.37, a PEG ratio of 0.29 and a beta of 0.89. Kier Group plc has a 1-year low of GBX 186.80 and a 1-year high of GBX 318.80.

Kier Group (LON:KIE) last announced its earnings results on Tuesday, September 15th. The company reported GBX 23.50 earnings per share (EPS) for the quarter. Kier Group had a return on equity of 11.95% and a net margin of 1.42%. On average, research analysts expect that Kier Group plc will post 20.4913295 earnings per share for the current fiscal year.

Analyst Ratings Changes

KIE has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upped their target price on Kier Group from GBX 295 to GBX 330 and gave the company a “buy” rating in a research report on Tuesday, September 15th. Berenberg Bank restated a “buy” rating and issued a GBX 260 price target on shares of Kier Group in a research note on Wednesday, July 22nd. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Kier Group has a consensus rating of “Buy” and an average price target of GBX 272.50.

About Kier Group

Kier Group is a leading infrastructure services, construction and property group based in the UK.

Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK’s leading infrastructure services and construction company.

We operate through three segments; Infrastructure Services, Construction and Property. Infrastructure Services comprises our Transportation and Natural Resources, Nuclear and Networks business. Transportation: builds and maintains roads for National Highways and a number of district and county councils as well as our rail, airports’ infrastructure and ports’ businesses.

Natural Resources, Nuclear and Networks: delivers long-term contracts providing repairs, maintains and support capital projects to the water, energy, and telecommunications sectors.

Construction — comprises of our Regional Building, Strategic Projects, Kier Places (Housing Maintenance and Facilities Management), and International businesses.