Severn Trent (LON:SVT) Insider Sells £197,105.58 in Stock

Severn Trent PLC (LON:SVT) insider James Jesic sold 6,531 shares of the company’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total value of £197,105.58.

James Jesic also recently made the following trade(s):

• On Monday, June 15th, James Jesic sold 1,350 shares of Severn Trent stock. The shares were sold at an average price of GBX 2,892, for a total transaction of £39,042.

Severn Trent Stock Up 1.7%

Severn Trent stock traded up GBX 52 during mid-day trading on Tuesday, hitting GBX 3,060. The company had a trading volume of 533,919 shares, compared to its average volume of 12,335,176. The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 596.63. The stock’s 50 day moving average price is GBX 2,974.08 and its two-hundred day moving average price is GBX 3,034.92. Severn Trent PLC has a 12 month low of GBX 2,381 and a 12 month high of GBX 3,335. The company has a market capitalization of £9.23 billion, a PE ratio of 24.86, a price-to-earnings-growth ratio of 4.69 and a beta of 0.55.

Severn Trent (LON:SVT) last announced its quarterly earnings results on Wednesday, May 20th. The company reported GBX 179.80 earnings per share for the quarter. The company had revenue of GBX 283.10 billion during the quarter. Severn Trent had a net margin of 13.10% and a return on equity of 20.35%. As a group, sell-side analysts anticipate that Severn Trent PLC will post 107.3706004 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. boosted their target price on shares of Severn Trent from GBX 2,975 to GBX 3,225 and gave the stock a “neutral” rating in a report on Monday, April 13th. Royal Bank Of Canada upped their price target on shares of Severn Trent from GBX 3,400 to GBX 3,450 and gave the company a “sector perform” rating in a research note on Monday, June 1st. Citigroup dropped their price target on Severn Trent from £332.90 to £287.90 and set a “neutral” rating for the company in a research report on Thursday, June 11th. UBS Group restated a “sell” rating and set a GBX 2,700 price objective on shares of Severn Trent in a research report on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 3,300 target price on shares of Severn Trent in a report on Thursday, May 21st. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of GBX 6,867.14.

Severn Trent Company Profile

As one of Britain’s largest water companies, we supply fresh, clean drinking water to over nine million people across our region – around two billion litres every day. Once used, we collect, clean, and treat the water before safely returning it 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 inflation-linked dividends. The UK’s regulatory model provides a high degree of certainty over five-year periods.