Taylor Wimpey plc (LON:TW) Insider Purchases £150.40 in Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly bought 94 shares of the firm’s stock in a transaction on Wednesday, October 9th. The stock was purchased at an average price of GBX 160 ($2.09) per share, for a total transaction of £150.40 ($196.83).

Taylor Wimpey Price Performance

Shares of TW opened at GBX 151.95 ($1.99) on Friday. The company’s fifty day moving average is GBX 161.71 and its 200-day moving average is GBX 150.45. The firm has a market capitalization of £5.38 billion, a PE ratio of 2,170.71, a PEG ratio of 2.04 and a beta of 1.81. The company has a current ratio of 5.08, a quick ratio of 0.71 and a debt-to-equity ratio of 2.79.

Taylor Wimpey Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 10th will be issued a GBX 4.80 ($0.06) dividend. This represents a yield of 3.03%. The ex-dividend date is Thursday, October 10th. This is an increase from Taylor Wimpey’s previous dividend of $4.79. Taylor Wimpey’s dividend payout ratio (DPR) is 14,285.71%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TW. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 150 ($1.96) price target on shares of Taylor Wimpey in a research report on Thursday, August 1st. Berenberg Bank restated a “buy” rating and issued a GBX 175 ($2.29) target price on shares of Taylor Wimpey in a research report on Wednesday, July 31st.

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.