J D Wetherspoon plc (LON:JDW) insider Nigel Connor sold 488 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of GBX 1,229 ($16.30), for a total transaction of £5,997.52 ($7,955.33).

Shares of J D Wetherspoon plc (LON JDW) traded down 0.16% during mid-day trading on Tuesday, reaching GBX 1236.00. 67,382 shares of the company traded hands. The firm’s 50 day moving average price is GBX 1,116.12 and its 200-day moving average price is GBX 1,028.80. J D Wetherspoon plc has a 52-week low of GBX 810.00 and a 52-week high of GBX 1,291.00. The company’s market capitalization is GBX 1.32 billion.

The business also recently disclosed a dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, October 26th will be paid a dividend of GBX 8 ($0.11) per share. This represents a dividend yield of 0.67%. The ex-dividend date of this dividend is Thursday, October 26th. This is a boost from J D Wetherspoon plc’s previous dividend of $4.00.

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A number of equities research analysts have recently issued reports on JDW shares. Barclays PLC restated an “overweight” rating and issued a GBX 1,150 ($15.25) price target on shares of J D Wetherspoon plc in a research report on Monday, September 11th. Numis Securities Ltd reiterated a “reduce” rating and set a GBX 820 ($10.88) price target on shares of J D Wetherspoon plc in a report on Thursday, July 13th. Canaccord Genuity boosted their price target on shares of J D Wetherspoon plc from GBX 1,000 ($13.26) to GBX 1,040 ($13.79) and gave the company a “hold” rating in a research report on Thursday, July 13th. Deutsche Bank AG boosted their price target on shares of J D Wetherspoon plc from GBX 660 ($8.75) to GBX 760 ($10.08) and gave the company a “sell” rating in a research report on Monday, September 25th. Finally, Peel Hunt reissued a “reduce” rating and issued a GBX 875 ($11.61) price objective on shares of J D Wetherspoon plc in a report on Wednesday, July 12th. Six research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 988.46 ($13.11).

About J D Wetherspoon plc

J D Wetherspoon plc owns and operates pubs throughout the United Kingdom and Ireland. The Company aims to provide customers with food and drinks. The Company operates a trading estate of approximately 926 pubs. The Company operates over 40 hotels and approximately 900 rooms. The Company’s hotels include George Hotel, the Shrewsbury Hotel and the Unicorn, Ripon.

Insider Buying and Selling by Quarter for J D Wetherspoon plc (LON:JDW)

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