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

Howden Joinery Group Plc (LON:HWDN) insider Andrew Livingston bought 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 ($9.71) per share, for a total transaction of £132,802.50 ($171,934.88).

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

• On Wednesday, March 19th, Andrew Livingston purchased 21 shares of Howden Joinery Group stock. The stock was bought at an average cost of GBX 743 ($9.62) per share, with a total value of £156.03 ($202.01).
• 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 ($10.76) per share, for a total transaction of £149.58 ($193.66).

Howden Joinery Group Stock Down 0.1 %

Shares of LON:HWDN opened at GBX 738.50 ($9.56) on Friday. Howden Joinery Group Plc has a 1-year low of GBX 725.50 ($9.39) and a 1-year high of GBX 982.50 ($12.72). The company has a debt-to-equity ratio of 60.20, a current ratio of 1.99 and a quick ratio of 0.94. The stock has a market cap of £4.03 billion, a P/E ratio of 15.83, a P/E/G ratio of 1.96 and a beta of 1.07. The firm has a fifty day moving average price of GBX 788.62 and a 200 day moving average price of GBX 829.67.

Howden Joinery Group (LON:HWDN) last announced its earnings results 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%. Sell-side analysts predict that Howden Joinery Group Plc will post 52.8073286 EPS for the current year.

Howden Joinery Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 23rd. Shareholders 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 dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, April 10th. Howden Joinery Group’s dividend payout ratio (DPR) is 45.01%.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. upped their target price on Howden Joinery Group from GBX 680 ($8.80) to GBX 849 ($10.99) and gave the company a “neutral” rating in a research report on Thursday, December 5th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 968.80 ($12.54).

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.