James Hatchley Buys 15,000 Shares of 3i Group (LON:III) Stock

3i Group (LON:III) insider James Hatchley purchased 15,000 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was purchased at an average price of GBX 3,397 per share, for a total transaction of £509,550.

3i Group Trading Down 3.0%

LON III traded down GBX 103.50 during trading on Tuesday, reaching GBX 3,295.50. 109,825,805 shares of the stock traded hands, compared to its average volume of 8,227,524. 3i Group has a fifty-two week low of GBX 3,242 and a fifty-two week high of GBX 4,497. The company has a quick ratio of 0.09, a current ratio of 3.25 and a debt-to-equity ratio of 6.20. The firm has a market cap of £32.47 billion, a price-to-earnings ratio of 6.33, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. The stock’s 50-day moving average price is GBX 4,132.93 and its 200 day moving average price is GBX 4,122.09.

3i Group (LON:III) last posted its earnings results on Thursday, November 13th. The company reported GBX 340.20 earnings per share for the quarter. 3i Group had a net margin of 96.45% and a return on equity of 19.97%. Analysts predict that 3i Group will post 622.7106227 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on III. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of 3i Group in a research note on Monday. Citigroup reaffirmed a “buy” rating and set a GBX 4,800 price target on shares of 3i Group in a research report on Friday. Deutsche Bank Aktiengesellschaft cut their price objective on 3i Group from GBX 4,600 to GBX 4,300 and set a “buy” rating on the stock in a report on Thursday, November 13th. Finally, UBS Group reiterated a “buy” rating and issued a GBX 4,700 price objective on shares of 3i Group in a research report on Friday, November 7th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 4,600.

3i Group Company Profile

3i is an investment company specialising in Private Equity and Infrastructure. We invest in mid-market companies headquartered in Europe and North America.

We generate attractive returns for our shareholders and co-investors by investing in private equity and infrastructure assets.

As proprietary capital investors we have a long-term, responsible approach.

We aim to compound value through thoughtful origination, disciplined investment and active management of our assets, driving sustainable growth in our investment companies.