Company Grainger plc

Equities

GRI

GB00B04V1276

Real Estate Development & Operations

Market Closed - London S.E. 12:35:16 2024-03-18 pm EDT 5-day change 1st Jan Change
256.8 GBX +0.16% Intraday chart for Grainger plc -1.31% -2.87%

Business Summary

Grainger PLC is a United Kingdom-based company that designs, builds, develops, owns and operates rental homes in the United Kingdom. The Company is focused on the United Kingdom build-to rent and private rented sector. It owns and manages approximately 9,669 rental homes across the United Kingdom in various cities from Newcastle to London. It provides modern private rental homes, and it also has a portfolio of homes on regulated tenancies, as well as a number of affordable homes. Its private rented'sector (PRS) portfolio consists of rental homes where customers pay market rents. Its core product is mid-market homes that are affordable to local people. The Company's PRS segment includes PRS assets as well as PRS under construction due to direct development and forward funding arrangements, both for wholly owned assets and the Company's interest in joint ventures and associates as relevant. Its Reversionary segment includes regulated tenancies, as well as CHARM.

Number of employees: 372

Sales per Business

GBP in Million2022Weight2023Weight Delta
Reversionary
46.4 %
151 53.9 % 124 46.4 % -17.67%
Private Rented Sector
45.5 %
103 37.0 % 122 45.5 % +17.73%
Other
8.1 %
26 9.1 % 22 8.1 % -14.90%

Sales per region

GBP in Million2022Weight2023Weight Delta
United Kingdom
100.0 %
279 100.0 % 267 100.0 % -4.33%

Managers

Managers TitleAgeSince
Chief Executive Officer 65 15-10-31
Director of Finance/CFO 51 21-08-30
Chief Tech/Sci/R&D Officer - 20-05-25
Chief Investment Officer 50 99-12-31
Public Communications Contact 46 -
Investor Relations Contact - -
Human Resources Officer - -
Corporate Officer/Principal 57 18-03-31
Corporate Officer/Principal - 18-07-02

Members of the board

Members of the board TitleAgeSince
Chairman 67 17-02-12
Chief Executive Officer 65 15-10-31
Director/Board Member 67 21-09-30
Director/Board Member 63 17-02-12
Director/Board Member 60 19-01-31
Director/Board Member 64 22-12-31
Director of Finance/CFO 51 21-08-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 743,063,795 726,675,359 ( 97.79 %) 1,506,300 ( 0.2027 %) 97.79 %

Shareholders

NameEquities%Valuation
Norges Bank Investment Management
9.020 %
66,886,525 9.020 % 211 M p
Massachusetts Financial Services Co.
4.800 %
35,593,716 4.800 % 112 M p
BlackRock Investment Management (UK) Ltd.
4.488 %
33,282,394 4.488 % 105 M p
Legal & General Investment Management Ltd.
4.100 %
30,402,966 4.100 % 96 M p
Man Group Investments Ltd.
3.830 %
28,400,819 3.830 % 90 M p
The Vanguard Group, Inc.
3.800 %
28,177,000 3.800 % 89 M p
Dimensional Fund Advisors LP
3.110 %
23,061,762 3.110 % 73 M p
BlackRock Fund Advisors
2.870 %
21,281,581 2.870 % 67 M p
APG Asset Management NV
2.537 %
18,811,559 2.537 % 59 M p
Fidelity Management & Research Co. LLC
2.360 %
17,500,244 2.360 % 55 M p

Company contact information

Grainger Plc

Citygate St. James' Boulevard

NE1 4JE, Newcastle-upon-Tyne

+44 19 1261 1819

http://www.graingerplc.co.uk
address Grainger plc(GRI)

Group companies

NameCategory and Sector
Financial Conglomerates
Real Estate Development
Real Estate Development
Real Estate Development
Real Estate Development
Real Estate Development

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
2.568 GBP
Average target price
3.014 GBP
Spread / Average Target
+17.38%
Consensus

Annual profits - Rate of surprise