Howden Joinery Group Plc (LON:HWDN) Insider Buys £152.83 in Stock

Howden Joinery Group Plc (LON:HWDN - Get Free Report) insider Paul Hayes acquired 17 shares of the business's stock in a transaction that occurred on Tuesday, October 15th. The shares were bought at an average price of GBX 899 ($11.74) per share, with a total value of £152.83 ($199.57).

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

• On Friday, July 19th, Paul Hayes acquired 16 shares of Howden Joinery Group stock. The shares were bought at an average price of GBX 932 ($12.17) per share, with a total value of £149.12 ($194.72).

Howden Joinery Group Stock Up 2.3 %

Howden Joinery Group stock traded up GBX 21 ($0.27) during midday trading on Wednesday, hitting GBX 919.50 ($12.01). 956,409 shares of the company were exchanged, compared to its average volume of 2,071,718. The company has a market cap of £5.05 billion, a PE ratio of 1,991.30, a price-to-earnings-growth ratio of 1.98 and a beta of 1.07. Howden Joinery Group Plc has a fifty-two week low of GBX 612 ($7.99) and a fifty-two week high of GBX 982.50 ($12.83). The company's fifty day moving average price is GBX 920.36 and its 200-day moving average price is GBX 904.36. The company has a debt-to-equity ratio of 75.88, a current ratio of 1.99 and a quick ratio of 0.94.

Howden Joinery Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, October 17th will be paid a dividend of GBX 4.90 ($0.06) per share. This represents a yield of 0.52%. The ex-dividend date of this dividend is Thursday, October 17th. Howden Joinery Group's dividend payout ratio (DPR) is 4,565.22%.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upped their price objective on shares of Howden Joinery Group from GBX 1,042 ($13.61) to GBX 1,090 ($14.23) and gave the company a "buy" rating in a research note on Tuesday, August 20th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 904.29 ($11.81).

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.