Insider Buying: Taylor Wimpey (LON:TW) Insider Purchases £150.88 in Stock

Taylor Wimpey plc (LON:TW) insider Chris Carney acquired 184 shares of Taylor Wimpey stock in a transaction that occurred on Tuesday, September 8th. The stock was acquired at an average price of GBX 82 per share, with a total value of £150.88.

Chris Carney also recently made the following trade(s):

• On Wednesday, July 8th, Chris Carney bought 197 shares of Taylor Wimpey stock. The shares were bought at an average price of GBX 76 per share, for a total transaction of £149.72.

Taylor Wimpey Stock Down 3.0%

Shares of LON TW opened at GBX 77.98 on Friday. The company’s 50-day moving average is GBX 82.35 and its 200-day moving average is GBX 84.86. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.71 and a current ratio of 4.99. The stock has a market cap of £2.80 billion, a P/E ratio of 11.38, a PEG ratio of 2.04 and a beta of 1.30.

Taylor Wimpey (LON:TW) last announced its quarterly earnings results on Friday, July 31st. The homebuilder reported GBX 2.50 EPS for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. As a group, equities research analysts anticipate that Taylor Wimpey plc will post 9.8339265 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on TW shares. JPMorgan Chase & Co. decreased their target price on shares of Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating for the company in a research note on Tuesday, June 16th. Jefferies Financial Group dropped their price target on Taylor Wimpey from GBX 102 to GBX 101 and set a “buy” rating on the stock in a research note on Wednesday, August 12th. Royal Bank Of Canada downgraded Taylor Wimpey to an “outperform” rating and dropped their price target for the stock from GBX 115 to GBX 110 in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft cut their price objective on Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating for the company in a report on Tuesday, August 4th. Finally, Citigroup reduced their price objective on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating for the company in a research report on Monday, August 3rd. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 99.20.

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.