Insider Buying: Harworth Group plc (LON:HWG) Insider Purchases £10,727 in Stock

Harworth Group plc (LON:HWG) insider Katerina Patmore purchased 6,310 shares of the business’s stock in a transaction on Thursday, March 20th. The shares were purchased at an average cost of GBX 170 ($2.19) per share, for a total transaction of £10,727 ($13,850.23).

Katerina Patmore also recently made the following trade(s):

• On Monday, February 17th, Katerina Patmore purchased 91 shares of Harworth Group stock. The shares were purchased at an average cost of GBX 166 ($2.14) per share, for a total transaction of £151.06 ($195.04).
• On Wednesday, January 15th, Katerina Patmore purchased 91 shares of Harworth Group stock. The shares were purchased at an average cost of GBX 163 ($2.10) per share, for a total transaction of £148.33 ($191.52).

Harworth Group Stock Performance

Shares of HWG opened at GBX 168 ($2.17) on Friday. The company has a current ratio of 2.59, a quick ratio of 1.13 and a debt-to-equity ratio of 13.88. The stock has a market capitalization of £553.09 million, a P/E ratio of 11.07 and a beta of 0.74. The firm’s fifty day simple moving average is GBX 165.39 and its two-hundred day simple moving average is GBX 171.55. Harworth Group plc has a 12 month low of GBX 125 ($1.61) and a 12 month high of GBX 195 ($2.52).

Harworth Group (LON:HWG) last announced its quarterly earnings data on Tuesday, March 18th. The company reported GBX 17.70 ($0.23) earnings per share for the quarter. Harworth Group had a net margin of 52.25% and a return on equity of 7.75%. As a group, analysts predict that Harworth Group plc will post 15.3212521 EPS for the current year.

Harworth Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 24th will be issued a dividend of GBX 1.13 ($0.01) per share. The ex-dividend date is Thursday, April 24th. This represents a dividend yield of 0.65%. This is a positive change from Harworth Group’s previous dividend of $0.49. Harworth Group’s dividend payout ratio is currently 13.18%.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments.