Vanda Murray Acquires 3,000 Shares of Howden Joinery Group Plc (LON:HWDN) Stock

Howden Joinery Group Plc (LON:HWDN) insider Vanda Murray acquired 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The stock was bought at an average cost of GBX 874 ($10.98) per share, for a total transaction of £26,220 ($32,935.56).

Howden Joinery Group Price Performance

HWDN opened at GBX 872 ($10.95) on Friday. The stock’s 50 day simple moving average is GBX 865.82 and its 200 day simple moving average is GBX 787.33. The company has a debt-to-equity ratio of 75.88, a current ratio of 1.92 and a quick ratio of 0.94. Howden Joinery Group Plc has a 1 year low of GBX 605 ($7.60) and a 1 year high of GBX 910 ($11.43). The firm has a market cap of £4.78 billion, a price-to-earnings ratio of 1,895.65, a PEG ratio of 2.01 and a beta of 1.01.

Howden Joinery Group Increases Dividend

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

Analysts Set New Price Targets

A number of research firms recently commented on HWDN. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 930 ($11.68) price objective on shares of Howden Joinery Group in a research note on Tuesday, March 5th. Barclays restated an “overweight” rating and set a GBX 1,010 ($12.69) price objective on shares of Howden Joinery Group in a report on Wednesday. JPMorgan Chase & Co. upped their price target on Howden Joinery Group from GBX 670 ($8.42) to GBX 680 ($8.54) and gave the stock a “neutral” rating in a report on Tuesday, March 5th. Citigroup downgraded Howden Joinery Group to a “neutral” rating and set a GBX 865 ($10.87) price objective for the company. in a research note on Friday, March 1st. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 920 ($11.56) price target on shares of Howden Joinery Group in a research 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. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 856.43 ($10.76).

About Howden Joinery Group

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.