Howden Joinery Group Plc (LON:HWDN) Insider Paul Hayes Sells 59,074 Shares

Howden Joinery Group Plc (LON:HWDN) insider Paul Hayes sold 59,074 shares of the company’s stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of GBX 869 ($11.00), for a total transaction of £513,353.06 ($649,731.76).

Paul Hayes also recently made the following trade(s):

• On Tuesday, March 26th, Paul Hayes acquired 3,964 shares of Howden Joinery Group stock. The shares were bought at an average cost of GBX 869 ($11.00) per share, with a total value of £34,447.16 ($43,598.48).

Howden Joinery Group Price Performance

Shares of LON:HWDN traded up GBX 8.50 ($0.11) during midday trading on Wednesday, reaching GBX 876 ($11.09). 872,993 shares of the company were exchanged, compared to its average volume of 1,361,841. The company has a current ratio of 1.92, a quick ratio of 0.94 and a debt-to-equity ratio of 75.88. The business’s fifty day moving average is GBX 838.19 and its two-hundred day moving average is GBX 767.44. Howden Joinery Group Plc has a one year low of GBX 605 ($7.66) and a one year high of GBX 910 ($11.52). The stock has a market cap of £4.81 billion, a PE ratio of 1,885.87, a price-to-earnings-growth ratio of 2.01 and a beta of 1.01.

Howden Joinery Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 24th. Shareholders of record on Thursday, April 11th will be given a dividend of GBX 16.20 ($0.21) per share. The ex-dividend date is Thursday, April 11th. This represents a yield of 2.1%. This is a positive change from Howden Joinery Group’s previous dividend of $4.80. Howden Joinery Group’s dividend payout ratio (DPR) is 4,565.22%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HWDN. JPMorgan Chase & Co. boosted their price objective on shares of Howden Joinery Group from GBX 670 ($8.48) to GBX 680 ($8.61) and gave the company a “neutral” rating in a report on Tuesday, March 5th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 930 ($11.77) target price on shares of Howden Joinery Group in a report on Tuesday, March 5th. Finally, Citigroup cut shares of Howden Joinery Group to a “neutral” rating and set a GBX 865 ($10.95) target price for the company. in a report on Friday, March 1st. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 810.83 ($10.26).

About Howden Joinery Group

Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, including fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances.