Howden Joinery Group Plc (LON:HWDN) Insider Paul Hayes Acquires 212 Shares

Howden Joinery Group Plc (LON:HWDN) insider Paul Hayes purchased 212 shares of the firm’s stock in a transaction that occurred on Friday, April 19th. The shares were bought at an average price of GBX 848 ($10.56) per share, with a total value of £1,797.76 ($2,237.97).

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

• On Monday, April 8th, Paul Hayes sold 59,074 shares of Howden Joinery Group stock. The stock was sold at an average price of GBX 869 ($10.82), for a total transaction of £513,353.06 ($639,055.22).
• On Tuesday, March 26th, Paul Hayes bought 3,964 shares of Howden Joinery Group stock. The stock was acquired at an average price of GBX 869 ($10.82) per share, with a total value of £34,447.16 ($42,882.06).

Howden Joinery Group Stock Down 1.0 %

Shares of LON HWDN opened at GBX 853.50 ($10.62) on Friday. The firm’s 50-day simple moving average is GBX 849.15 and its 200 day simple moving average is GBX 773.38. The company has a market cap of £4.68 billion, a price-to-earnings ratio of 1,855.43, a price-to-earnings-growth ratio of 2.01 and a beta of 1.01. The company has a quick ratio of 0.94, a current ratio of 1.92 and a debt-to-equity ratio of 75.88. Howden Joinery Group Plc has a 12-month low of GBX 605 ($7.53) and a 12-month high of GBX 910 ($11.33).

Howden Joinery Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, April 11th will be given a dividend of GBX 16.20 ($0.20) per share. This is an increase from Howden Joinery Group’s previous dividend of $4.80. The ex-dividend date of this dividend is Thursday, April 11th. This represents a yield of 2.1%. Howden Joinery Group’s dividend payout ratio is 4,565.22%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on HWDN shares. Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 920 ($11.45) target price on shares of Howden Joinery Group in a research note on Friday, April 12th. JPMorgan Chase & Co. lifted their target price on shares of Howden Joinery Group from GBX 670 ($8.34) to GBX 680 ($8.47) and gave the company a “neutral” rating in a research note on Tuesday, March 5th. Berenberg Bank reiterated a “buy” rating and issued a GBX 930 ($11.58) target price on shares of Howden Joinery Group in a research note on Tuesday, March 5th. Finally, Citigroup cut shares of Howden Joinery Group to a “neutral” rating and set a GBX 865 ($10.77) target price for the company. in a research note on Friday, March 1st. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 830.83 ($10.34).

Howden Joinery Group Company Profile

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.