Insider Buying: Howden Joinery Group Plc (LON:HWDN) Insider Purchases 17,707 Shares of Stock

Howden Joinery Group Plc (LON:HWDN) insider Andrew Livingston purchased 17,707 shares of Howden Joinery Group stock in a transaction that occurred on Wednesday, March 26th. The shares were bought at an average cost of GBX 750 ($9.71) per share, for a total transaction of £132,802.50 ($171,934.88).

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

• On Wednesday, March 19th, Andrew Livingston acquired 21 shares of Howden Joinery Group stock. The shares were purchased at an average price of GBX 743 ($9.62) per share, for a total transaction of £156.03 ($202.01).
• On Wednesday, February 19th, Andrew Livingston acquired 18 shares of Howden Joinery Group stock. The shares were acquired at an average price of GBX 831 ($10.76) per share, with a total value of £149.58 ($193.66).

Howden Joinery Group Price Performance

HWDN traded down GBX 7 ($0.09) during trading on Wednesday, reaching GBX 736.50 ($9.54). The stock had a trading volume of 142,603,813 shares, compared to its average volume of 9,058,680. The stock has a 50 day moving average of GBX 790.11 and a two-hundred day moving average of GBX 830.97. The company has a quick ratio of 0.94, a current ratio of 1.99 and a debt-to-equity ratio of 60.20. The firm has a market capitalization of £4.02 billion, a price-to-earnings ratio of 15.79, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. Howden Joinery Group Plc has a 1-year low of GBX 725.50 ($9.39) and a 1-year high of GBX 982.50 ($12.72).

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

Howden Joinery Group Increases Dividend

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

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. boosted their target price on shares of Howden Joinery Group from GBX 680 ($8.80) to GBX 849 ($10.99) and gave the company 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 given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 968.80 ($12.54).

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.