Insider Buying: Howden Joinery Group Plc (LON:HWDN) Insider Purchases 21 Shares of 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 bought at an average price 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 acquired at an average price of GBX 831 ($10.81) per share, for a total transaction of £149.58 ($194.59).

Howden Joinery Group Stock Up 0.8 %

Howden Joinery Group stock traded up GBX 5.70 ($0.07) during midday trading on Thursday, reaching GBX 751.70 ($9.78). The stock had a trading volume of 2,160,756 shares, compared to its average volume of 6,995,875. The stock has a market capitalization of £4.10 billion, a P/E ratio of 16.11, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The firm’s fifty day simple moving average is GBX 790.57 and its 200-day simple moving average is GBX 837.03. The company has a debt-to-equity ratio of 60.20, a quick ratio of 0.94 and a current ratio of 1.99. Howden Joinery Group Plc has a 1-year low of GBX 725.50 ($9.44) and a 1-year high of GBX 982.50 ($12.78).

Howden Joinery Group (LON:HWDN) last issued its quarterly earnings results 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, analysts expect that Howden Joinery Group Plc will post 52.8073286 EPS for the current fiscal year.

Howden Joinery Group Increases Dividend

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

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. boosted their target price on shares of Howden Joinery Group from GBX 680 ($8.85) to GBX 849 ($11.04) and gave the stock 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 issued a buy rating to the company. According to data from MarketBeat, Howden Joinery Group has a consensus rating of “Moderate Buy” and a consensus target price 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.