Insider Buying: J D Wetherspoon plc (LON:JDW) Insider Purchases 26 Shares of Stock

J D Wetherspoon plc (LON:JDW) insider John Hutson purchased 26 shares of the company’s stock in a transaction on Monday, March 24th. The stock was acquired at an average price of GBX 560 ($7.24) per share, with a total value of £145.60 ($188.14).

J D Wetherspoon Trading Up 1.7 %

LON JDW traded up GBX 9.50 ($0.12) on Tuesday, hitting GBX 561.50 ($7.26). 704,948 shares of the stock were exchanged, compared to its average volume of 1,040,978. J D Wetherspoon plc has a 52-week low of GBX 526 ($6.80) and a 52-week high of GBX 812.50 ($10.50). The firm has a market capitalization of £658.69 million, a P/E ratio of 14.29, a P/E/G ratio of 3.39 and a beta of 1.34. The company has a debt-to-equity ratio of 283.19, a quick ratio of 0.19 and a current ratio of 0.35. The stock has a fifty day moving average price of GBX 598.94 and a two-hundred day moving average price of GBX 635.46.

J D Wetherspoon Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 1st will be paid a dividend of GBX 4 ($0.05) per share. This represents a dividend yield of 0.67%. The ex-dividend date of this dividend is Thursday, May 1st. J D Wetherspoon’s dividend payout ratio is currently 30.53%.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “hold” rating on shares of J D Wetherspoon in a research note on Friday.

About J D Wetherspoon

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. The company was founded in 1979 and is based in Watford, the United Kingdom.