Insider Buying: 3i Group (LON:III) Insider Acquires 10,000 Shares of Stock

3i Group (LON:III) insider James Hatchley acquired 10,000 shares of the stock in a transaction dated Thursday, May 14th. The stock was bought at an average cost of GBX 2,083 per share, with a total value of £208,300.

3i Group Price Performance

Shares of 3i Group stock opened at GBX 2,220 on Friday. The stock has a market cap of £22.60 billion, a price-to-earnings ratio of 3.42, a price-to-earnings-growth ratio of -0.35 and a beta of 1.15. The company has a debt-to-equity ratio of 4.59, a quick ratio of 0.09 and a current ratio of 5.32. The stock has a 50 day moving average price of GBX 2,698.09 and a 200-day moving average price of GBX 3,154.02. 3i Group has a one year low of GBX 1,825 and a one year high of GBX 4,497.

3i Group (LON:III) last issued its quarterly earnings results on Thursday, May 14th. The company reported GBX 539.40 earnings per share (EPS) for the quarter. 3i Group had a return on equity of 23.76% and a net margin of 352.44%.The company had revenue of GBX 549.60 billion during the quarter. Equities analysts expect that 3i Group will post 622.7106227 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on III shares. UBS Group reiterated a “buy” rating and set a GBX 3,600 price target on shares of 3i Group in a report on Monday. Royal Bank Of Canada downgraded 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 note on Monday, January 26th. Finally, Citigroup cut their target price on 3i Group from GBX 4,750 to GBX 4,280 and set a “buy” rating on the stock in a research note on Wednesday, March 25th. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 3,770.

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.