3i Group (LON:III) Insider Simon Borrows Acquires 50,000 Shares

3i Group (LON:III) insider Simon Borrows bought 50,000 shares of the stock in a transaction on Thursday, May 21st. The stock was purchased at an average price of GBX 2,229 per share, for a total transaction of £1,114,500.

3i Group Price Performance

Shares of III traded up GBX 58 during mid-day trading on Friday, reaching GBX 2,308. 27,162,576 shares of the stock traded hands, compared to its average volume of 28,106,535. The firm has a fifty day moving average price of GBX 2,616.03 and a 200 day moving average price of GBX 3,074.58. The company has a market cap of £23.49 billion, a price-to-earnings ratio of 3.56, a price-to-earnings-growth ratio of -0.35 and a beta of 1.15. The company has a current ratio of 131.80, a quick ratio of 0.09 and a debt-to-equity ratio of 4.08. 3i Group has a 1 year low of GBX 1,825 and a 1 year high of GBX 4,497.

3i Group (LON:III) last issued its quarterly earnings data on Thursday, May 14th. The company reported GBX 539.40 earnings per share (EPS) for the quarter. The company had revenue of GBX 549.60 billion for the quarter. 3i Group had a return on equity of 17.91% and a net margin of 1,236.92%. As a group, equities research analysts predict that 3i Group will post 622.7106227 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Royal Bank Of Canada cut shares of 3i Group to an “underperform” rating and decreased their price objective for the stock from GBX 3,250 to GBX 3,000 in a research report on Monday, January 26th. UBS Group reissued a “buy” rating and issued a GBX 3,600 price target on shares of 3i Group in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 4,300 price target on shares of 3i Group in a report on Friday, May 15th. Finally, Citigroup lowered their price objective on shares of 3i Group from GBX 4,750 to GBX 4,280 and set a “buy” rating on the stock in a research report on Wednesday, March 25th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 3,795.

About 3i Group

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.