Howden Joinery Group Plc (LON:HWDN) Insider Purchases £156.03 in Stock

Howden Joinery Group Plc (LON:HWDN) insider Andrew Livingston purchased 21 shares of the stock in a transaction on Wednesday, March 19th. The stock was acquired at an average cost of GBX 743 ($9.59) per share, for a total transaction of £156.03 ($201.46).

Andrew Livingston also recently made the following trade(s):

• On Wednesday, February 19th, Andrew Livingston bought 18 shares of Howden Joinery Group stock. The shares were purchased at an average cost of GBX 831 ($10.73) per share, for a total transaction of £149.58 ($193.13).

Howden Joinery Group Trading Down 2.7 %

HWDN stock opened at GBX 730.50 ($9.43) on Friday. The company’s 50-day simple moving average is GBX 789.92 and its 200-day simple moving average is GBX 834.19. The company has a quick ratio of 0.94, a current ratio of 1.99 and a debt-to-equity ratio of 60.20. Howden Joinery Group Plc has a 52-week low of GBX 725.50 ($9.37) and a 52-week high of GBX 982.50 ($12.69). The firm has a market cap of £3.99 billion, a P/E ratio of 15.66, a PEG ratio of 1.96 and a beta of 1.07.

Howden Joinery Group (LON:HWDN) last released its quarterly earnings results on Thursday, February 27th. The company reported GBX 45.60 ($0.59) earnings per share for the quarter. Howden Joinery Group had a net margin of 10.82% and a return on equity of 25.70%. As a group, equities analysts forecast that Howden Joinery Group Plc will post 52.8073286 EPS for the current fiscal year.

Howden Joinery Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 10th will be given a dividend of GBX 16.30 ($0.21) per share. This represents a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, April 10th. This is an increase from Howden Joinery Group’s previous dividend of $4.90. Howden Joinery Group’s dividend payout ratio is 45.01%.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. increased their target price on shares of Howden Joinery Group from GBX 680 ($8.78) to GBX 849 ($10.96) and gave the stock a “neutral” rating in a research note on Thursday, December 5th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 968.80 ($12.51).

Howden Joinery Group Company Profile

Howden Joinery Group Plc is the parent company of Howdens.

Howdens sells kitchens and joinery products to trade customers, primarily small local builders, through a network of over 850 UK depots. The business also operates over 70 depots across France, the Republic of Ireland, and Belgium.

Howdens only sells to the trade – they have the expertise to ensure that our products are fitted to the highest possible standards.