Insider Buying: Howden Joinery Group Plc (LON:HWDN) Insider Acquires 21 Shares of Stock

Howden Joinery Group Plc (LON:HWDN) insider Andrew Livingston bought 21 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The stock was bought at an average price of GBX 743 ($9.59) per share, with a total value of £156.03 ($201.46).

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

• On Wednesday, February 19th, Andrew Livingston purchased 18 shares of Howden Joinery Group stock. The stock was acquired at an average cost of GBX 831 ($10.73) per share, with a total value of £149.58 ($193.13).

Howden Joinery Group Stock Performance

Shares of LON:HWDN opened at GBX 730.50 ($9.43) on Friday. The company has a market cap of £3.99 billion, a price-to-earnings ratio of 15.66, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The company has a 50-day moving average price of GBX 789.92 and a 200-day moving average price of GBX 834.94. The company has a current ratio of 1.99, a quick ratio of 0.94 and a debt-to-equity ratio of 60.20. Howden Joinery Group Plc has a 12 month low of GBX 725.50 ($9.37) and a 12 month high of GBX 982.50 ($12.69).

Howden Joinery Group (LON:HWDN) last issued its quarterly earnings data on Thursday, February 27th. The company reported GBX 45.60 ($0.59) EPS 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 anticipate that Howden Joinery Group Plc will post 52.8073286 EPS for the current year.

Howden Joinery Group Increases Dividend

The business also recently declared 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 an increase from Howden Joinery Group’s previous dividend of $4.90. This represents a yield of 2.2%. The ex-dividend date of this dividend is Thursday, April 10th. Howden Joinery Group’s dividend payout ratio is presently 45.01%.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. boosted their price target on shares of Howden Joinery Group from GBX 680 ($8.78) to GBX 849 ($10.96) and gave the stock a “neutral” rating in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Howden Joinery Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 968.80 ($12.51).

Howden Joinery Group Company Profile

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.