Taylor Wimpey (LON:TW) Rating Reiterated by JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their overweight rating on shares of Taylor Wimpey (LON:TW) in a research note released on Friday, Marketbeat reports.

TW has been the topic of several other reports. Royal Bank of Canada upgraded Taylor Wimpey to an outperform rating and set a GBX 175 ($2.20) price objective on the stock in a research note on Friday, April 12th. Berenberg Bank restated a hold rating and set a GBX 130 ($1.63) price objective on shares of Taylor Wimpey in a research note on Monday, March 4th.

Taylor Wimpey Price Performance

Shares of LON:TW opened at GBX 139.20 ($1.75) on Friday. The company has a current ratio of 5.37, a quick ratio of 0.71 and a debt-to-equity ratio of 2.80. The stock’s fifty day simple moving average is GBX 136.10 and its two-hundred day simple moving average is GBX 135.33. Taylor Wimpey has a 1-year low of GBX 98.92 ($1.24) and a 1-year high of GBX 150.60 ($1.89). The stock has a market cap of £4.93 billion, a PE ratio of 1,392.00, a price-to-earnings-growth ratio of 1.92 and a beta of 1.77.

Taylor Wimpey Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 10th. Stockholders of record on Thursday, March 28th will be paid a dividend of GBX 4.79 ($0.06) per share. This represents a dividend yield of 3.41%. The ex-dividend date of this dividend is Thursday, March 28th. Taylor Wimpey’s payout ratio is 10,000.00%.

Insider Transactions at Taylor Wimpey

In other Taylor Wimpey news, insider Jennie Daly bought 132,448 shares of the stock in a transaction dated Thursday, March 28th. The shares were bought at an average cost of GBX 141 ($1.77) per share, for a total transaction of £186,751.68 ($234,612.66). Insiders have acquired 132,658 shares of company stock worth $18,705,276 in the last ninety days. Company insiders own 0.79% of the company’s stock.

Taylor Wimpey Company Profile

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.