Catherine Glickman Purchases 25,000 Shares of Marston's PLC (MARS) Stock
Marston's PLC (LON:MARS) insider Catherine Glickman acquired 25,000 shares of the company’s stock in a transaction that occurred on Friday, November 25th. The shares were acquired at an average cost of GBX 133 ($1.65) per share, with a total value of £33,250 ($41,247.98).
Shares of Marston's PLC (LON:MARS) traded up 2.26% during midday trading on Monday, hitting GBX 135.70. 4,042,149 shares of the company’s stock were exchanged. The stock’s market cap is GBX 779.46 million. Marston's PLC has a 1-year low of GBX 126.80 and a 1-year high of GBX 177.00. The stock’s 50 day moving average is GBX 136.21 and its 200-day moving average is GBX 142.25.
The firm also recently declared a dividend, which will be paid on Monday, January 30th. Shareholders of record on Thursday, December 15th will be given a dividend of GBX 4.70 ($0.06) per share. This represents a yield of 3.56%. This is a boost from Marston's PLC’s previous dividend of $2.60. The ex-dividend date of this dividend is Thursday, December 15th.
Several analysts have recently weighed in on the stock. N+1 Singer reissued a “buy” rating and issued a GBX 182 ($2.26) price target on shares of Marston's PLC in a research note on Thursday. Goodbody reissued a “hold” rating on shares of Marston's PLC in a research note on Thursday. Shore Capital reissued a “buy” rating on shares of Marston's PLC in a research note on Thursday. HSBC dropped their price target on shares of Marston's PLC from GBX 150 ($1.86) to GBX 140 ($1.74) and set a “hold” rating for the company in a research note on Monday, August 1st. Finally, Beaufort Securities reissued a “buy” rating on shares of Marston's PLC in a research note on Friday. Three analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 162.08 ($2.01).
Marston's PLC Company Profile
Marston’s PLC, engaged in the United Kingdom, is engaged in the operations of managed, tenanted, leased and franchised public houses, brewing beer and selling beer, wines, spirits and soft drinks. It operates around 2,000 pubs and bars across the United Kingdom. It operates five breweries: Banks’s Brewery in Wolverhampton; Marston’s Brewery in Burton upon Trent; Jennings Brewery in the Lake District; Ringwood Brewery in Hampshire, and Wychwood Brewery in Oxfordshire.
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