Howden Joinery Group Plc (LON:HWDN) Insider Purchases £1,797.76 in Stock

Howden Joinery Group Plc (LON:HWDN) insider Paul Hayes bought 212 shares of Howden Joinery Group stock in a transaction dated Friday, April 19th. The stock was acquired at an average cost of GBX 848 ($10.56) per share, with a total value of £1,797.76 ($2,237.97).

Paul Hayes also recently made the following trade(s):

• On Monday, April 8th, Paul Hayes sold 59,074 shares of Howden Joinery Group stock. The shares were sold at an average price of GBX 869 ($10.82), for a total value of £513,353.06 ($639,055.22).
• On Tuesday, March 26th, Paul Hayes acquired 3,964 shares of Howden Joinery Group stock. The shares were purchased at an average cost of GBX 869 ($10.82) per share, with a total value of £34,447.16 ($42,882.06).

Howden Joinery Group Price Performance

Shares of HWDN stock traded down GBX 8.50 ($0.11) on Friday, reaching GBX 853.50 ($10.62). The company’s stock had a trading volume of 1,480,143 shares, compared to its average volume of 1,349,411. The company has a quick ratio of 0.94, a current ratio of 1.92 and a debt-to-equity ratio of 75.88. Howden Joinery Group Plc has a 12-month low of GBX 605 ($7.53) and a 12-month high of GBX 910 ($11.33). The company has a market capitalization of £4.68 billion, a P/E ratio of 1,873.91, a PEG ratio of 2.01 and a beta of 1.01. The stock’s 50 day simple moving average is GBX 847.57 and its 200-day simple moving average is GBX 772.76.

Howden Joinery Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, April 11th will be given a GBX 16.20 ($0.20) dividend. This represents a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, April 11th. This is an increase from Howden Joinery Group’s previous dividend of $4.80. Howden Joinery Group’s dividend payout ratio (DPR) is 4,565.22%.

Wall Street Analysts Forecast Growth

HWDN has been the subject of several research reports. JPMorgan Chase & Co. increased their price objective on Howden Joinery Group from GBX 670 ($8.34) to GBX 680 ($8.47) and gave the company a “neutral” rating in a report on Tuesday, March 5th. Berenberg Bank reissued a “buy” rating and set a GBX 930 ($11.58) price objective on shares of Howden Joinery Group in a report on Tuesday, March 5th. Citigroup lowered Howden Joinery Group to a “neutral” rating and set a GBX 865 ($10.77) price objective for the company. in a report on Friday, March 1st. Finally, Royal Bank of Canada reissued an “outperform” rating and set a GBX 920 ($11.45) price objective on shares of Howden Joinery Group in a report on Friday, April 12th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Howden Joinery Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 830.83 ($10.34).

Howden Joinery Group Company Profile

Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, including fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances.