Jennie Daly Acquires 139,270 Shares of Taylor Wimpey (LON:TW) Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly purchased 139,270 shares of the firm’s stock in a transaction on Wednesday, March 25th. The stock was acquired at an average cost of GBX 86 per share, with a total value of £119,772.20.

Jennie Daly also recently made the following trade(s):

• On Monday, March 9th, Jennie Daly purchased 157 shares of Taylor Wimpey stock. The stock was acquired at an average price of GBX 96 per share, with a total value of £150.72.
• On Thursday, March 5th, Jennie Daly sold 490,379 shares of Taylor Wimpey stock. The stock was sold at an average price of GBX 101, for a total value of £495,282.79.
• On Monday, February 9th, Jennie Daly acquired 139 shares of Taylor Wimpey stock. The stock was bought at an average price of GBX 108 per share, for a total transaction of £150.12.
• On Thursday, January 8th, Jennie Daly bought 139 shares of Taylor Wimpey stock. The stock was bought at an average price of GBX 108 per share, with a total value of £150.12.

Taylor Wimpey Price Performance

TW opened at GBX 89.16 on Friday. The firm has a market cap of £3.21 billion, a PE ratio of 13.01, a price-to-earnings-growth ratio of 2.04 and a beta of 1.35. The company has a debt-to-equity ratio of 2.96, a current ratio of 4.96 and a quick ratio of 0.71. The business’s 50 day moving average is GBX 105.19 and its two-hundred day moving average is GBX 103.86.

Taylor Wimpey (LON:TW) last issued its quarterly earnings results on Thursday, March 5th. The homebuilder reported GBX 8 earnings per share for the quarter. Taylor Wimpey had a return on equity of 2.40% and a net margin of 2.61%. On average, research analysts anticipate that Taylor Wimpey plc will post 9.8339265 earnings per share for the current year.

Taylor Wimpey declared that its Board of Directors has approved a share buyback program on Thursday, March 5th that authorizes the company to buyback 0 shares. This buyback authorization authorizes the homebuilder to purchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

A number of brokerages recently issued reports on TW. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 120 price target on shares of Taylor Wimpey in a research note on Thursday, March 5th. Citigroup dropped their price objective on shares of Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating on the stock in a research report on Friday, January 16th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 150 price objective on shares of Taylor Wimpey in a research report on Friday, January 16th. Berenberg Bank lowered their target price on shares of Taylor Wimpey from GBX 128 to GBX 120 and set a “buy” rating for the company in a research note on Tuesday, March 10th. Finally, Jefferies Financial Group dropped their target price on Taylor Wimpey from GBX 140 to GBX 132 and set a “buy” rating on the stock in a report on Monday, January 19th. Five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 124.44.

About Taylor Wimpey

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.