Insider Buying: Howden Joinery Group Plc (LON:HWDN) Insider Acquires 216 Shares of Stock

Howden Joinery Group Plc (LON:HWDN) insider Andrew Livingston purchased 216 shares of Howden Joinery Group stock in a transaction that occurred on Tuesday, October 12th. The stock was bought at an average cost of GBX 833 ($10.88) per share, for a total transaction of £1,799.28 ($2,350.77).

Howden Joinery Group stock traded up GBX 34.20 ($0.45) during midday trading on Wednesday, hitting GBX 867.40 ($11.33). 2,362,590 shares of the company’s stock were exchanged, compared to its average volume of 1,323,896. Howden Joinery Group Plc has a 12 month low of GBX 549 ($7.17) and a 12 month high of GBX 985.80 ($12.88). The company has a market cap of £5.14 billion and a PE ratio of 20.17. The company has a debt-to-equity ratio of 75.88, a quick ratio of 1.31 and a current ratio of 1.85. The firm has a 50-day moving average of GBX 931.48 and a two-hundred day moving average of GBX 853.32.

The company also recently declared a dividend, which will be paid on Friday, November 19th. Stockholders of record on Thursday, October 14th will be issued a GBX 4.30 ($0.06) dividend. This represents a dividend yield of 0.48%. The ex-dividend date is Thursday, October 14th. Howden Joinery Group’s dividend payout ratio is currently 0.21%.

Several research analysts recently commented on HWDN shares. Berenberg Bank raised their price target on shares of Howden Joinery Group from GBX 910 ($11.89) to GBX 1,000 ($13.07) and gave the stock a “buy” rating in a research note on Tuesday, July 27th. reaffirmed a “neutral” rating on shares of Howden Joinery Group in a research note on Thursday, July 1st. reaffirmed a “neutral” rating on shares of Howden Joinery Group in a research note on Thursday, July 1st. Deutsche Bank Aktiengesellschaft increased their target price on shares of Howden Joinery Group from GBX 890 ($11.63) to GBX 1,035 ($13.52) and gave the stock a “buy” rating in a report on Friday, July 30th. Finally, Credit Suisse Group reiterated an “outperform” rating and set a GBX 900 ($11.76) target price on shares of Howden Joinery Group in a report on Monday, June 21st. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Howden Joinery Group presently has an average rating of “Buy” and a consensus target price of GBX 876.71 ($11.45).

About Howden Joinery Group

Howden Joinery Group Plc operates as a trade kitchen supplier providing various products across kitchens, joinery, and hardware in the United Kingdom, Isle of Man, France, Belgium, the Netherlands, and Germany. The company offers kitchen cabinets, surfaces, fittings, storages, fitted kitchens, kitchen doors and units, sinks, and taps, as well as appliances; joinery products, such as sliding wardrobe doors, stairs and parts, moldings, joinery doors, skirting boards, and architrave products; appliances, such as dishwashers, fridges and freezers, coffee machines, washing machines, tumble dryers and washing dryers, cookers, hobs, cooker hoods, microwaves, ovens, warming drawers, cooking accessories, and cooker hood accessories.

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