Insider Buying: J D Wetherspoon plc (LON:JDW) Insider Buys 26 Shares of Stock

J D Wetherspoon plc (LON:JDW) insider John Hutson acquired 26 shares of J D Wetherspoon stock in a transaction on Monday, March 24th. The shares were bought at an average cost of GBX 560 ($7.25) per share, with a total value of £145.60 ($188.50).

J D Wetherspoon Stock Up 2.7 %

Shares of LON:JDW opened at GBX 566.76 ($7.34) on Wednesday. The company has a market cap of £664.87 million, a price-to-earnings ratio of 14.42, a PEG ratio of 3.39 and a beta of 1.34. J D Wetherspoon plc has a fifty-two week low of GBX 526 ($6.81) and a fifty-two week high of GBX 812.50 ($10.52). The firm’s 50-day simple moving average is GBX 598.52 and its 200-day simple moving average is GBX 634.34. The company has a quick ratio of 0.19, a current ratio of 0.35 and a debt-to-equity ratio of 283.19.

J D Wetherspoon Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 1st will be issued a GBX 4 ($0.05) dividend. This represents a yield of 0.67%. The ex-dividend date is Thursday, May 1st. J D Wetherspoon’s dividend payout ratio is presently 30.53%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “hold” rating on shares of J D Wetherspoon in a research note on Friday, March 21st.

J D Wetherspoon Company Profile

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. The company was founded in 1979 and is based in Watford, the United Kingdom.