Insider Buying: Taylor Wimpey (LON:TW) Insider Acquires 151 Shares of Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly bought 151 shares of Taylor Wimpey stock in a transaction that occurred on Monday, September 8th. The shares were bought at an average cost of GBX 100 per share, with a total value of £151.

Jennie Daly also recently made the following trade(s):

• On Friday, August 8th, Jennie Daly purchased 148 shares of Taylor Wimpey stock. The shares were acquired at an average cost of GBX 101 per share, for a total transaction of £149.48.
• On Tuesday, July 8th, Jennie Daly purchased 134 shares of Taylor Wimpey stock. The shares were acquired at an average cost of GBX 112 per share, for a total transaction of £150.08.

Taylor Wimpey Stock Performance

LON:TW opened at GBX 97.62 on Thursday. The company has a market capitalization of £3.51 billion, a price-to-earnings ratio of 14.24, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The business’s 50 day simple moving average is GBX 104.05 and its 200-day simple moving average is GBX 111.09. The company has a current ratio of 5.08, a quick ratio of 0.71 and a debt-to-equity ratio of 2.79.

Taylor Wimpey (LON:TW) last released its quarterly earnings results on Wednesday, July 30th. The homebuilder reported GBX 3.20 EPS for the quarter. Taylor Wimpey had a net margin of 7.25% and a return on equity of 5.50%. Sell-side analysts anticipate that Taylor Wimpey plc will post 9.8339265 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on TW. Royal Bank Of Canada lowered their price target on shares of Taylor Wimpey from GBX 135 to GBX 130 and set a “sector perform” rating on the stock in a research report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Taylor Wimpey from GBX 136 to GBX 122 and set a “hold” rating on the stock in a research report on Tuesday, August 5th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Taylor Wimpey in a research note on Thursday, July 31st. Berenberg Bank reiterated a “buy” rating and set a GBX 135 price objective on shares of Taylor Wimpey in a research note on Monday. Finally, Citigroup reduced their price objective on shares of Taylor Wimpey from GBX 150 to GBX 147 and set a “buy” rating on the stock in a research note on Thursday, July 24th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 143.17.

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.