Mj Gleeson (LON:GLE) had its price objective hoisted by Liberum Capital from GBX 765 ($10.30) to GBX 804 ($10.82) in a report released on Thursday morning. The firm currently has a buy rating on the stock.

Separately, Peel Hunt initiated coverage on shares of Mj Gleeson in a research report on Monday, November 13th. They issued a hold rating and a GBX 715 ($9.62) price objective on the stock.

Shares of Mj Gleeson (LON:GLE) opened at GBX 778 ($10.47) on Thursday. Mj Gleeson has a twelve month low of GBX 531.25 ($7.15) and a twelve month high of GBX 779 ($10.48).

The firm also recently declared a dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 16th will be given a dividend of GBX 17.50 ($0.24) per share. This represents a yield of 2.69%. This is a positive change from Mj Gleeson’s previous dividend of $6.50. The ex-dividend date is Thursday, November 16th.

In related news, insider Christopher H. B. Mills sold 500,000 shares of the firm’s stock in a transaction dated Thursday, November 23rd. The shares were sold at an average price of GBX 725 ($9.76), for a total transaction of £3,625,000 ($4,878,869.45). Also, insider Jolyon Harrison sold 131,239 shares of the firm’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of GBX 666 ($8.96), for a total transaction of £874,051.74 ($1,176,381.88). Over the last ninety days, insiders have purchased 84 shares of company stock worth $60,100.

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About Mj Gleeson

MJ Gleeson plc engages in the housebuilding and strategic land trading activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Strategic Land. It focuses on urban housing regeneration activities on brownfield land in the north of England; and strategic land trading, primarily in the south of England.

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