Taylor Wimpey (OTCMKTS:TWODY) Shares Down 0.9% - Should You Sell?

Key Points

• Taylor Wimpey PLC shares declined by 0.9%, trading at $13.87, with a significant increase in trading volume of 158% compared to the average.
• Analysts have mixed ratings for the stock, with one designation of "strong-buy," two "hold," and two "strong sell," leading to a current consensus rating of "hold."
• The company declared a dividend of $0.5591 per share, representing an 800.0% yield, set to be paid out on November 28th.

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY - Get Free Report) fell 0.9% during mid-day trading on Monday . The company traded as low as $13.80 and last traded at $13.87. 105,089 shares were traded during mid-day trading, an increase of 158% from the average session volume of 40,798 shares. The stock had previously closed at $14.00.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TWODY shares. Kepler Capital Markets raised shares of Taylor Wimpey to a "strong-buy" rating in a report on Wednesday, July 23rd. Royal Bank Of Canada downgraded Taylor Wimpey from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, July 9th. Peel Hunt raised Taylor Wimpey to a "hold" rating in a report on Friday, August 1st. Barclays downgraded Taylor Wimpey from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 6th. Finally, Zacks Research downgraded shares of Taylor Wimpey from a "hold" rating to a "strong sell" rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold".

Taylor Wimpey Price Performance

The stock has a fifty day simple moving average of $13.53 and a 200-day simple moving average of $14.73.

Taylor Wimpey Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, November 28th. Investors of record on Monday, October 13th will be issued a dividend of $0.5591 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a yield of 800.0%.

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.

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