Howden Joinery Group Plc (LON:HWDN) Insider Paul Hayes Sells 59,074 Shares

Howden Joinery Group Plc (LON:HWDN - Get Free Report) insider Paul Hayes sold 59,074 shares of the firm's stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of GBX 869 ($11.00), for a total transaction of £513,353.06 ($649,731.76).

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

• On Tuesday, March 26th, Paul Hayes acquired 3,964 shares of Howden Joinery Group stock. The shares were acquired at an average cost of GBX 869 ($11.00) per share, for a total transaction of £34,447.16 ($43,598.48).

Howden Joinery Group Stock Performance

HWDN traded up GBX 8.50 ($0.11) during trading on Wednesday, reaching GBX 876 ($11.09). 1,055,519 shares of the company's stock were exchanged, compared to its average volume of 1,361,841. Howden Joinery Group Plc has a fifty-two week low of GBX 605 ($7.66) and a fifty-two week high of GBX 910 ($11.52). The company has a quick ratio of 0.94, a current ratio of 1.92 and a debt-to-equity ratio of 75.88. The business has a 50 day moving average price of GBX 839.65 and a 200 day moving average price of GBX 768.20. The company has a market capitalization of £4.81 billion, a P/E ratio of 1,904.35, a PEG ratio of 2.01 and a beta of 1.01.

Howden Joinery Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 24th. Stockholders of record on Thursday, April 11th will be paid a GBX 16.20 ($0.21) dividend. This represents a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, April 11th. This is an increase from Howden Joinery Group's previous dividend of $4.80. Howden Joinery Group's payout ratio is currently 4,565.22%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Berenberg Bank reissued a "buy" rating and issued a GBX 930 ($11.77) price target on shares of Howden Joinery Group in a research report on Tuesday, March 5th. Citigroup lowered shares of Howden Joinery Group to a "neutral" rating and set a GBX 865 ($10.95) price target on the stock. in a research report on Friday, March 1st. Finally, JPMorgan Chase & Co. lifted their price target on shares of Howden Joinery Group from GBX 670 ($8.48) to GBX 680 ($8.61) and gave the company a "neutral" rating in a research report on Tuesday, March 5th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of GBX 810.83 ($10.26).

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.