Insider Buying: Howden Joinery Group Plc (LON:HWDN) Insider Buys 21 Shares of Stock

Howden Joinery Group Plc (LON:HWDN) insider Andrew Livingston bought 21 shares of the stock in a transaction on Wednesday, March 19th. The shares were acquired at an average cost of GBX 743 ($9.67) per share, for a total transaction of £156.03 ($202.98).

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

• On Wednesday, February 19th, Andrew Livingston purchased 18 shares of Howden Joinery Group stock. The shares were bought at an average price of GBX 831 ($10.81) per share, with a total value of £149.58 ($194.59).

Howden Joinery Group Stock Up 0.8 %

HWDN traded up GBX 5.70 ($0.07) during midday trading on Thursday, hitting GBX 751.70 ($9.78). 2,160,756 shares of the company’s stock traded hands, compared to its average volume of 6,995,875. The company has a debt-to-equity ratio of 60.20, a current ratio of 1.99 and a quick ratio of 0.94. The company has a market cap of £4.10 billion, a PE ratio of 16.11, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The stock’s fifty day simple moving average is GBX 790.57 and its 200-day simple moving average is GBX 837.03. Howden Joinery Group Plc has a one year low of GBX 725.50 ($9.44) and a one year high of GBX 982.50 ($12.78).

Howden Joinery Group (LON:HWDN) last released its quarterly earnings data on Thursday, February 27th. The company reported GBX 45.60 ($0.59) earnings per share (EPS) 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 anticipate that Howden Joinery Group Plc will post 52.8073286 earnings per share for the current fiscal year.

Howden Joinery Group Increases Dividend

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

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lifted their target price on shares of Howden Joinery Group from GBX 680 ($8.85) to GBX 849 ($11.04) and gave the company a “neutral” rating in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Howden Joinery Group has an average rating of “Moderate Buy” and an average price target of GBX 968.80 ($12.60).

About Howden Joinery Group

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.