Britvic plc (LON:BVIC) Insider Buys £140.56 in Stock

Britvic plc (LON:BVIC) insider Simon Litherland acquired 14 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The stock was bought at an average cost of GBX 1,004 ($12.76) per share, with a total value of £140.56 ($178.65).

Britvic Price Performance

Shares of LON:BVIC opened at GBX 985 ($12.52) on Friday. Britvic plc has a twelve month low of GBX 770 ($9.79) and a twelve month high of GBX 1,025 ($13.03). The company’s 50 day moving average is GBX 867.39 and its 200 day moving average is GBX 858.89. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 183.33. The company has a market cap of £2.46 billion, a PE ratio of 2,052.08, a price-to-earnings-growth ratio of 1.90 and a beta of 0.64.

Britvic Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, May 30th will be paid a dividend of GBX 9.50 ($0.12) per share. The ex-dividend date is Thursday, May 30th. This represents a dividend yield of 1.04%. Britvic’s payout ratio is 6,458.33%.

Analyst Ratings Changes

Several equities analysts recently commented on BVIC shares. Numis Securities reaffirmed a “hold” rating and issued a GBX 900 ($11.44) price objective on shares of Britvic in a research report on Thursday, April 11th. Deutsche Bank Aktiengesellschaft started coverage on shares of Britvic in a research report on Tuesday, April 30th. They issued a “buy” rating and a GBX 1,040 ($13.22) price objective for the company. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Britvic in a research report on Thursday.

About Britvic

Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It provides fruit juices, syrups, squash, mineral water, sodas, mixers, and energy and flavored drinks. The company supplies water-coolers and bottled water; offers pension funding and financing services; and designs, installs, as well as engages in maintenance of integrated tap related solutions.