Taylor Wimpey plc (LON:TW) Insider Chris Carney Acquires 117,254 Shares

Taylor Wimpey plc (LON:TW - Get Free Report) insider Chris Carney purchased 117,254 shares of Taylor Wimpey stock in a transaction on Tuesday, March 25th. The stock was bought at an average cost of GBX 114 ($1.48) per share, for a total transaction of £133,669.56 ($173,012.63).

Taylor Wimpey Trading Up 1.5 %

LON:TW traded up GBX 1.65 ($0.02) during midday trading on Friday, hitting GBX 109.70 ($1.42). 17,039,498 shares of the company were exchanged, compared to its average volume of 2,409,451. The stock has a fifty day moving average of GBX 115.05 and a two-hundred day moving average of GBX 131.82. The firm has a market capitalization of £3.94 billion, a P/E ratio of 16.00, a PEG ratio of 2.04 and a beta of 1.81. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79.

Taylor Wimpey (LON:TW - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The homebuilder reported GBX 8.40 ($0.11) earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. As a group, equities research analysts expect that Taylor Wimpey plc will post 9.8339265 EPS for the current year.

Taylor Wimpey Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 8th. Stockholders of record on Monday, March 3rd will be paid a dividend of GBX 4.66 ($0.06) per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a dividend yield of 4.05%. Taylor Wimpey's dividend payout ratio (DPR) is 145.88%.

Remove Ads

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on TW shares. JPMorgan Chase & Co. downgraded shares of Taylor Wimpey to a "neutral" rating and lowered their target price for the stock from GBX 170 ($2.20) to GBX 150 ($1.94) in a research note on Thursday, December 5th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 175 ($2.27) price objective on shares of Taylor Wimpey in a research report on Monday, March 3rd.

About Taylor Wimpey

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.