J D Wetherspoon plc (JDW) Insider Sells £5,997.52 in Stock
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.
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