Karen Witts Buys 8,375 Shares of Dunelm Group plc (LON:DNLM) Stock

Dunelm Group plc (LON:DNLM - Get Free Report) insider Karen Witts purchased 8,375 shares of Dunelm Group stock in a transaction dated Thursday, October 31st. The stock was acquired at an average price of GBX 1,126 ($14.60) per share, for a total transaction of £94,302.50 ($122,296.07).

Dunelm Group Price Performance

Shares of Dunelm Group stock traded up GBX 15 ($0.19) during mid-day trading on Friday, reaching GBX 1,126 ($14.60). 193,106 shares of the stock were exchanged, compared to its average volume of 349,371. The company has a market cap of £2.28 billion, a price-to-earnings ratio of 1,522.97, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84. The firm has a 50-day simple moving average of GBX 1,203.25 and a 200 day simple moving average of GBX 1,134.87. Dunelm Group plc has a fifty-two week low of GBX 959 ($12.44) and a fifty-two week high of GBX 1,279 ($16.59).

Dunelm Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Thursday, October 31st will be issued a dividend of GBX 27.50 ($0.36) per share. This represents a yield of 2.23%. The ex-dividend date is Thursday, October 31st. Dunelm Group's dividend payout ratio is currently 5,945.95%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DNLM shares. Berenberg Bank lifted their price objective on shares of Dunelm Group from GBX 1,410 ($18.29) to GBX 1,470 ($19.06) and gave the stock a "buy" rating in a research note on Tuesday, September 17th. Shore Capital restated a "not rated" rating on shares of Dunelm Group in a report on Thursday, October 24th. Canaccord Genuity Group restated a "buy" rating and set a GBX 1,325 ($17.18) price target on shares of Dunelm Group in a report on Thursday, October 24th. JPMorgan Chase & Co. boosted their price objective on shares of Dunelm Group from GBX 1,140 ($14.78) to GBX 1,170 ($15.17) and gave the company a "neutral" rating in a research report on Tuesday, September 24th. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 1,060 ($13.75) target price on shares of Dunelm Group in a research report on Thursday, September 12th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, Dunelm Group has a consensus rating of "Hold" and a consensus target price of GBX 1,220.83 ($15.83).

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.