Stefan Allanson Purchases 40 Shares of M J Gleeson Group PLC (GLE) Stock
M J Gleeson Group PLC (LON:GLE) insider Stefan Allanson bought 40 shares of the company’s stock in a transaction dated Monday, November 7th. The stock was purchased at an average cost of GBX 498 ($6.17) per share, for a total transaction of £199.20 ($246.75).
M J Gleeson Group PLC (LON:GLE) opened at 526.75 on Friday. The firm’s market cap is GBX 284.75 million. The company has a 50-day moving average of GBX 556.21 and a 200-day moving average of GBX 537.77. M J Gleeson Group PLC has a 52 week low of GBX 385.00 and a 52 week high of GBX 630.00.
The business also recently declared a dividend, which will be paid on Thursday, December 15th. Shareholders of record on Thursday, November 17th will be issued a GBX 10 ($0.12) dividend. This represents a yield of 1.65%. This is a boost from M J Gleeson Group PLC’s previous dividend of $4.50. The ex-dividend date of this dividend is Thursday, November 17th.
A number of equities research analysts have recently issued reports on GLE shares. Liberum Capital upped their target price on shares of M J Gleeson Group PLC from GBX 526 ($6.52) to GBX 660 ($8.18) and gave the company a “buy” rating in a report on Friday, September 23rd. N+1 Singer reaffirmed a “corporate” rating on shares of M J Gleeson Group PLC in a report on Monday, September 26th.
M J Gleeson Group PLC Company Profile
M J Gleeson Group PLC is engaged in house building on brownfield land in the North of England with an emphasis on homes for local communities, and land trading, in the South of England, and benefiting from the enhancement of the value of green field sites by securing residential planning consents. The Company’s subsidiaries are engaged in provision of bid management; construction services; house building, housing regeneration and strategic land trading; investment in equity shares and loan stock of project companies delivering services under the Government’s private finance initiative; commercial property development; house building and housing regeneration; strategic land trading, and house building and housing regeneration.
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