Jennie Daly Purchases 94 Shares of Taylor Wimpey plc (LON:TW) Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly bought 94 shares of the firm’s stock in a transaction that occurred on Wednesday, October 9th. The stock was bought at an average cost of GBX 160 ($2.09) per share, for a total transaction of £150.40 ($196.83).

Taylor Wimpey Stock Performance

Shares of LON:TW opened at GBX 159.85 ($2.09) on Friday. The company has a market capitalization of £5.66 billion, a price-to-earnings ratio of 2,283.57, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The stock’s fifty day moving average is GBX 161.86 and its two-hundred day moving average is GBX 150.37. 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 Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 10th will be issued a dividend of GBX 4.80 ($0.06) per share. This represents a dividend yield of 3.03%. The ex-dividend date is Thursday, October 10th. This is an increase from Taylor Wimpey’s previous dividend of $4.79. Taylor Wimpey’s dividend payout ratio is 14,285.71%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on TW. Berenberg Bank restated a “buy” rating and set a GBX 175 ($2.29) price objective on shares of Taylor Wimpey in a research report on Wednesday, July 31st. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 150 ($1.96) price objective on shares of Taylor Wimpey in a research note on Thursday, August 1st.

About Taylor Wimpey

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.