Insider Buying: Severn Trent PLC (LON:SVT) Insider Buys 1,500 Shares of Stock

Severn Trent PLC (LON:SVT) insider Nick Hampton purchased 1,500 shares of the company’s stock in a transaction dated Monday, June 9th. The stock was bought at an average cost of GBX 2,640 ($35.78) per share, for a total transaction of £39,600 ($53,665.81).

Severn Trent Trading Up 1.7%

Shares of LON:SVT traded up GBX 45 ($0.61) during trading on Tuesday, reaching GBX 2,706 ($36.67). The company’s stock had a trading volume of 365,360 shares, compared to its average volume of 3,120,875. The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94. The stock has a market capitalization of £8.08 billion, a PE ratio of 45.17, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. Severn Trent PLC has a 12 month low of GBX 2,323 ($31.48) and a 12 month high of GBX 2,807 ($38.04). The firm’s 50 day simple moving average is GBX 2,678.44 and its two-hundred day simple moving average is GBX 2,568.73.

Severn Trent (LON:SVT) last announced its quarterly earnings data on Wednesday, May 21st. The company reported GBX 112.10 ($1.52) earnings per share (EPS) for the quarter. Severn Trent had a net margin of 6.00% and a return on equity of 10.40%. On average, research analysts predict that Severn Trent PLC will post 107.3706004 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SVT has been the subject of a number of research reports. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Severn Trent in a research note on Thursday, March 6th. Deutsche Bank Aktiengesellschaft cut their price target on Severn Trent from GBX 2,700 ($36.59) to GBX 2,600 ($35.24) and set a “hold” rating for the company in a research note on Thursday, March 6th.

Severn Trent Company Profile

As one of Britain’s largest water companies, we provide over eight million people across our region with fresh, clean drinking water – about two billion litres every day. And when they’ve finished with it, we take it away again then clean and treat it before returning it safely back to the environment.

We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long term asset growth and an inflation-linked dividend.