Howden Joinery Group Plc (LON:HWDN) Insider Paul Hayes Buys 212 Shares

Howden Joinery Group Plc (LON:HWDN) insider Paul Hayes bought 212 shares of the company’s stock in a transaction on Friday, April 19th. The shares were bought at an average price of GBX 848 ($10.56) per share, for a total transaction of £1,797.76 ($2,237.97).

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

• On Monday, April 8th, Paul Hayes sold 59,074 shares of Howden Joinery Group stock. The shares were sold at an average price of GBX 869 ($10.82), for a total transaction of £513,353.06 ($639,055.22).
• On Tuesday, March 26th, Paul Hayes acquired 3,964 shares of Howden Joinery Group stock. The stock was acquired at an average price of GBX 869 ($10.82) per share, for a total transaction of £34,447.16 ($42,882.06).

Howden Joinery Group Stock Down 1.0 %

Shares of LON:HWDN traded down GBX 8.50 ($0.11) during midday trading on Friday, hitting GBX 853.50 ($10.62). The stock had a trading volume of 1,480,143 shares, compared to its average volume of 1,349,411. Howden Joinery Group Plc has a 12 month low of GBX 605 ($7.53) and a 12 month high of GBX 910 ($11.33). The company has a quick ratio of 0.94, a current ratio of 1.92 and a debt-to-equity ratio of 75.88. The business’s 50-day simple moving average is GBX 847.57 and its 200-day simple moving average is GBX 772.76. The company has a market cap of £4.68 billion, a P/E ratio of 1,873.91, a PEG ratio of 2.01 and a beta of 1.01.

Howden Joinery Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, April 11th will be paid a GBX 16.20 ($0.20) dividend. The ex-dividend date is Thursday, April 11th. This is a boost from Howden Joinery Group’s previous dividend of $4.80. This represents a dividend yield of 2.1%. Howden Joinery Group’s dividend payout ratio (DPR) is currently 4,565.22%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on HWDN shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 930 ($11.58) price objective on shares of Howden Joinery Group in a report on Tuesday, March 5th. Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 920 ($11.45) price objective on shares of Howden Joinery Group in a report on Friday, April 12th. JPMorgan Chase & Co. lifted their price objective on shares of Howden Joinery Group from GBX 670 ($8.34) to GBX 680 ($8.47) and gave the company a “neutral” rating in a report on Tuesday, March 5th. Finally, Citigroup downgraded shares of Howden Joinery Group to a “neutral” rating and set a GBX 865 ($10.77) price objective on the stock. in a report on Friday, March 1st. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Howden Joinery Group presently has an average rating of “Moderate Buy” and a consensus target price of GBX 830.83 ($10.34).

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.