Bellway plc (LON:BWY) insider Keith Adey sold 4,800 shares of the stock in a transaction dated Monday, November 28th. The shares were sold at an average price of GBX 2,412 ($29.92), for a total transaction of £115,776 ($143,624.86).

Bellway plc (LON:BWY) traded down 0.29% on Monday, reaching GBX 2423.00. 299,989 shares of the company traded hands. Bellway plc has a 52-week low of GBX 1,622.00 and a 52-week high of GBX 2,897.51. The stock’s market capitalization is GBX 2.97 billion. The firm has a 50 day moving average price of GBX 2,396.76 and a 200 day moving average price of GBX 2,321.53.

The business also recently disclosed a dividend, which will be paid on Wednesday, January 11th. Shareholders of record on Thursday, December 1st will be issued a dividend of GBX 74 ($0.92) per share. This represents a yield of 3.1%. The ex-dividend date of this dividend is Thursday, December 1st. This is an increase from Bellway plc’s previous dividend of $34.00.

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A number of equities research analysts recently commented on the stock. Beaufort Securities reissued a “buy” rating on shares of Bellway plc in a research note on Wednesday, October 19th. Peel Hunt raised shares of Bellway plc to an “add” rating and raised their price target for the stock from GBX 2,990 ($37.09) to GBX 3,000 ($37.22) in a research note on Wednesday, October 19th. Citigroup Inc. reaffirmed a “buy” rating and set a GBX 2,420 ($30.02) price target on shares of Bellway plc in a research note on Wednesday, October 19th. Jefferies Group raised their price target on shares of Bellway plc from GBX 2,806 ($34.81) to GBX 2,857 ($35.44) and gave the stock a “buy” rating in a research note on Wednesday, October 19th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 2,350 ($29.15) price target on shares of Bellway plc in a research note on Tuesday, October 18th. Three equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Bellway plc has a consensus rating of “Buy” and a consensus target price of GBX 2,764.51 ($34.29).

Bellway plc Company Profile

Bellway p.l.c. is a United Kingdom-based holding company, owning subsidiary undertakings, which is engaged principally in housebuilding in the United Kingdom. The Company provides a range of house types, including one, two and three bedroom apartments; terraced homes; three storey homes; semi-detached homes, and three, four and five-bedroom detached homes.

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