Taylor Wimpey (LON:TW) Shares Cross Above 200-Day Moving Average of $134.34

Shares of Taylor Wimpey plc (LON:TW - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 134.34 ($1.69) and traded as high as GBX 135.12 ($1.70). Taylor Wimpey shares last traded at GBX 134.30 ($1.69), with a volume of 8,419,412 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on TW shares. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 130 ($1.63) price target on shares of Taylor Wimpey in a research note on Monday, March 4th. Royal Bank of Canada upgraded shares of Taylor Wimpey to an "outperform" rating and set a GBX 175 ($2.20) target price for the company in a research report on Friday, April 12th.

Taylor Wimpey Trading Up 0.5 %

The stock has a market cap of £4.78 billion, a P/E ratio of 1,350.00, a PEG ratio of 1.92 and a beta of 1.77. The company has a quick ratio of 0.71, a current ratio of 5.37 and a debt-to-equity ratio of 2.80. The business's 50 day simple moving average is GBX 137.31 and its two-hundred day simple moving average is GBX 134.47.

Taylor Wimpey Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, May 10th. Investors of record on Thursday, March 28th will be paid a GBX 4.79 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, March 28th. This represents a dividend yield of 3.41%. Taylor Wimpey's dividend payout ratio is 10,000.00%.

Insider Transactions at Taylor Wimpey

In other news, insider Jennie Daly purchased 132,448 shares of the stock in a transaction on Thursday, March 28th. The stock was purchased at an average price of GBX 141 ($1.77) per share, for a total transaction of £186,751.68 ($234,583.19). Insiders purchased 132,658 shares of company stock worth $18,705,276 over the last ninety days. 0.79% of the stock is owned by insiders.

Taylor Wimpey Company Profile

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.