Howden Joinery Group Plc (LON:HWDN) Insider Buys £132,802.50 in Stock

Howden Joinery Group Plc (LON:HWDN) insider Andrew Livingston bought 17,707 shares of the company’s stock in a transaction that occurred on Wednesday, March 26th. The shares were purchased at an average cost of GBX 750 ($9.71) per share, for a total transaction of £132,802.50 ($171,890.37).

Andrew Livingston also recently made the following trade(s):

• On Wednesday, March 19th, Andrew Livingston purchased 21 shares of Howden Joinery Group stock. The shares were purchased at an average price of GBX 743 ($9.62) per share, for a total transaction of £156.03 ($201.95).
• On Wednesday, February 19th, Andrew Livingston acquired 18 shares of Howden Joinery Group stock. The stock was purchased at an average price of GBX 831 ($10.76) per share, with a total value of £149.58 ($193.61).

Howden Joinery Group Price Performance

LON HWDN opened at GBX 737 ($9.54) on Friday. The stock has a market capitalization of £4.02 billion, a P/E ratio of 15.80, a P/E/G ratio of 1.96 and a beta of 1.07. The company has a debt-to-equity ratio of 60.20, a quick ratio of 0.94 and a current ratio of 1.99. The business’s fifty day moving average is GBX 787.61 and its two-hundred day moving average is GBX 828.29. Howden Joinery Group Plc has a 1 year low of GBX 725.50 ($9.39) and a 1 year high of GBX 982.50 ($12.72).

Howden Joinery Group (LON:HWDN) last announced its earnings results on Thursday, February 27th. The company reported GBX 45.60 ($0.59) earnings per share (EPS) for the quarter. Howden Joinery Group had a return on equity of 25.70% and a net margin of 10.82%. On average, research analysts forecast that Howden Joinery Group Plc will post 52.8073286 earnings per share for the current fiscal year.

Howden Joinery Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 10th will be paid a dividend of GBX 16.30 ($0.21) per share. The ex-dividend date of this dividend is Thursday, April 10th. This is a positive change from Howden Joinery Group’s previous dividend of $4.90. This represents a yield of 2.2%. Howden Joinery Group’s dividend payout ratio is currently 45.01%.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. lifted their target price on Howden Joinery Group from GBX 680 ($8.80) to GBX 849 ($10.99) and gave the stock a “neutral” rating in a report on Thursday, December 5th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Howden Joinery Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 968.80 ($12.54).

About Howden Joinery Group

Howden Joinery Group Plc is the parent company of Howdens.

Howdens sells kitchens and joinery products to trade customers, primarily small local builders, through a network of over 850 UK depots. The business also operates over 70 depots across France, the Republic of Ireland, and Belgium.

Howdens only sells to the trade – they have the expertise to ensure that our products are fitted to the highest possible standards.