Insider Buying: Howden Joinery Group Plc (LON:HWDN) Insider Buys £152.83 in Stock

Howden Joinery Group Plc (LON:HWDN) insider Paul Hayes purchased 17 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were bought at an average price of GBX 899 ($11.74) per share, for a total transaction of £152.83 ($199.57).

Paul Hayes also recently made the following trade(s):

• On Friday, July 19th, Paul Hayes acquired 16 shares of Howden Joinery Group stock. The shares were bought at an average cost of GBX 932 ($12.17) per share, for a total transaction of £149.12 ($194.72).

Howden Joinery Group Trading Down 1.1 %

Shares of Howden Joinery Group stock opened at GBX 905 ($11.82) on Friday. Howden Joinery Group Plc has a 1 year low of GBX 612 ($7.99) and a 1 year high of GBX 982.50 ($12.83). The company has a debt-to-equity ratio of 75.88, a current ratio of 1.99 and a quick ratio of 0.94. The stock has a market cap of £4.98 billion, a PE ratio of 1,967.39, a price-to-earnings-growth ratio of 1.98 and a beta of 1.07. The firm has a fifty day moving average price of GBX 922.37 and a 200 day moving average price of GBX 904.48.

Howden Joinery Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, October 17th will be paid a GBX 4.90 ($0.06) dividend. The ex-dividend date is Thursday, October 17th. This represents a yield of 0.52%. Howden Joinery Group’s dividend payout ratio is currently 4,565.22%.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group lifted their price target on Howden Joinery Group from GBX 1,042 ($13.61) to GBX 1,090 ($14.23) and gave the stock a “buy” rating in a research report on Tuesday, August 20th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 904.29 ($11.81).

Howden Joinery Group Company Profile

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.