Insider Selling: Savills plc (LON:SVS) Insider Sells 11,758 Shares of Stock

Posted by Defense World Staff on Apr 25th, 2023

Savills plc (LON:SVS – Get Rating) insider Simon J. B. Shaw sold 11,758 shares of Savills stock in a transaction dated Friday, April 21st. The shares were sold at an average price of GBX 977 ($12.20), for a total transaction of £114,875.66 ($143,469.04).

Savills Stock Down 2.0 %

SVS stock opened at GBX 960 ($11.99) on Tuesday. The company has a market cap of £1.39 billion, a P/E ratio of 1,170.73, a P/E/G ratio of 2.09 and a beta of 1.30. Savills plc has a 52 week low of GBX 750 ($9.37) and a 52 week high of GBX 1,204 ($15.04). The company’s 50-day moving average price is GBX 970.34 and its 200 day moving average price is GBX 915.49. The company has a current ratio of 1.24, a quick ratio of 1.22 and a debt-to-equity ratio of 79.39.

Savills Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 22nd. Investors of record on Thursday, April 6th will be issued a dividend of GBX 29 ($0.36) per share. The ex-dividend date of this dividend is Thursday, April 6th. This represents a yield of 2.91%. This is an increase from Savills’s previous dividend of $6.60. Savills’s payout ratio is currently 2,439.02%.

Wall Street Analysts Forecast Growth

Separately, Numis Securities reaffirmed a “buy” rating and issued a GBX 1,375 ($17.17) target price on shares of Savills in a report on Thursday, March 16th.

About Savills

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Savills plc, together with its subsidiaries, provides real estate services in the United Kingdom, Continental Europe, the Asia Pacific, Africa, North America, and the Middle East. The company advises on commercial, residential, rural, and leisure properties; and offers corporate finance advisory, investment management, and a range of property-related financial services.