Howden Joinery Group Plc (LON:HWDN) Insider Purchases £132,802.50 in Stock

Howden Joinery Group Plc (LON:HWDN) insider Andrew Livingston acquired 17,707 shares of the company’s stock in a transaction that occurred on Wednesday, March 26th. The stock was bought at an average cost of GBX 750 ($9.66) per share, with a total value of £132,802.50 ($170,983.01).

Andrew Livingston also recently made the following trade(s):

• On Wednesday, March 19th, Andrew Livingston purchased 21 shares of Howden Joinery Group stock. The shares were bought at an average price of GBX 743 ($9.57) per share, with a total value of £156.03 ($200.89).
• On Wednesday, February 19th, Andrew Livingston acquired 18 shares of Howden Joinery Group stock. The shares were purchased at an average cost of GBX 831 ($10.70) per share, for a total transaction of £149.58 ($192.58).

Howden Joinery Group Trading Down 0.9 %

Shares of LON HWDN opened at GBX 736.50 ($9.48) on Thursday. The firm has a 50 day moving average price of GBX 789.35 and a two-hundred day moving average price of GBX 830.31. The stock has a market cap of £4.02 billion, a P/E ratio of 15.79, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. Howden Joinery Group Plc has a 52-week low of GBX 725.50 ($9.34) and a 52-week high of GBX 982.50 ($12.65). The company has a debt-to-equity ratio of 60.20, a quick ratio of 0.94 and a current ratio of 1.99.

Howden Joinery Group (LON:HWDN) last issued its quarterly earnings data on Thursday, February 27th. The company reported GBX 45.60 ($0.59) earnings per share for the quarter. Howden Joinery Group had a net margin of 10.82% and a return on equity of 25.70%. As a group, equities analysts forecast that Howden Joinery Group Plc will post 52.8073286 EPS for the current year.

Howden Joinery Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 10th will be paid a GBX 16.30 ($0.21) dividend. This is a positive change from Howden Joinery Group’s previous dividend of $4.90. This represents a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, April 10th. Howden Joinery Group’s payout ratio is currently 45.01%.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. upped their target price on Howden Joinery Group from GBX 680 ($8.75) to GBX 849 ($10.93) and gave the stock a “neutral” rating in a report on Thursday, December 5th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 968.80 ($12.47).

About Howden Joinery Group

Howden Joinery Group Plc is the parent company of Howdens.

Howdens sells kitchens and joinery products to trade customers, primarily small local builders, through a network of over 850 UK depots. The business also operates over 70 depots across France, the Republic of Ireland, and Belgium.

Howdens only sells to the trade – they have the expertise to ensure that our products are fitted to the highest possible standards.