Taylor Wimpey (LON:TW) Rating Reiterated by JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their overweight rating on shares of Taylor Wimpey (LON:TW) in a research report report published on Friday morning, Marketbeat.com reports.

Other equities research analysts also recently issued research reports about the stock. Berenberg Bank reaffirmed a hold rating and issued a GBX 130 ($1.63) target price on shares of Taylor Wimpey in a research note on Monday, March 4th. Royal Bank of Canada raised shares of Taylor Wimpey to an outperform rating and set a GBX 175 ($2.20) price objective for the company in a research report on Friday, April 12th.

Taylor Wimpey Stock Up 4.1 %

Shares of LON:TW opened at GBX 139.20 ($1.75) on Friday. Taylor Wimpey has a 52 week low of GBX 98.92 ($1.24) and a 52 week high of GBX 150.60 ($1.89). The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.71 and a current ratio of 5.37. The company has a market capitalization of £4.93 billion, a PE ratio of 1,392.00, a PEG ratio of 1.92 and a beta of 1.77. The company has a 50 day moving average price of GBX 136.10 and a two-hundred day moving average price of GBX 135.33.

Taylor Wimpey Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 10th. Investors of record on Thursday, March 28th will be issued a dividend of GBX 4.79 ($0.06) per share. This represents a yield of 3.41%. The ex-dividend date of this dividend is Thursday, March 28th. Taylor Wimpey’s payout ratio is 10,000.00%.

Insider Buying and Selling

In related news, insider Jennie Daly sold 104,503 shares of the stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of GBX 134 ($1.68), for a total transaction of £140,034.02 ($175,922.14). Over the last 90 days, insiders acquired 132,658 shares of company stock worth $18,705,276. 0.79% of the stock is owned by insiders.

Taylor Wimpey Company Profile

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.