3i Group (LON:III) Insider Buys £208,300 in Stock

3i Group (LON:III) insider James Hatchley purchased 10,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were acquired at an average cost of GBX 2,083 per share, for a total transaction of £208,300.

3i Group Stock Performance

LON III opened at GBX 2,220 on Friday. The company has a quick ratio of 0.09, a current ratio of 5.32 and a debt-to-equity ratio of 4.59. 3i Group has a twelve month low of GBX 1,825 and a twelve month high of GBX 4,497. The business has a 50-day moving average price of GBX 2,698.09 and a 200-day moving average price of GBX 3,154.02. The firm 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.

3i Group (LON:III) last posted its quarterly earnings results on Thursday, May 14th. The company reported GBX 539.40 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 for the quarter. As a group, equities research analysts predict that 3i Group will post 622.7106227 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on III. Citigroup cut their target price on shares of 3i Group from GBX 4,750 to GBX 4,280 and set a “buy” rating for the company in a research note on Wednesday, March 25th. Royal Bank Of Canada cut shares of 3i Group to an “underperform” rating and decreased their price target for the stock from GBX 3,250 to GBX 3,000 in a research note on Monday, January 26th. Finally, UBS Group restated a “buy” rating and set a GBX 3,600 price objective on shares of 3i Group in a research report on Monday. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target 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.