Chris Carney Purchases 117,254 Shares of Taylor Wimpey plc (LON:TW) Stock

Taylor Wimpey plc (LON:TW) insider Chris Carney bought 117,254 shares of the stock in a transaction dated Tuesday, March 25th. The shares were bought at an average cost of GBX 114 ($1.47) per share, with a total value of £133,669.56 ($172,722.01).

Taylor Wimpey Trading Up 1.0 %

LON TW traded up GBX 1.10 ($0.01) on Tuesday, reaching GBX 113.75 ($1.47). The stock had a trading volume of 16,325,425 shares, compared to its average volume of 2,409,451. The firm has a 50-day simple moving average of GBX 114.95 and a 200 day simple moving average of GBX 132.75. The company has a debt-to-equity ratio of 2.79, a current ratio of 5.08 and a quick ratio of 0.71. The company has a market capitalization of £4.09 billion, a P/E ratio of 16.59, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81.

Taylor Wimpey (LON:TW) last issued its quarterly earnings data on Thursday, February 27th. The homebuilder reported GBX 8.40 ($0.11) EPS for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. On average, analysts anticipate that Taylor Wimpey plc will post 9.8339265 earnings per share for the current fiscal year.

Taylor Wimpey Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, April 8th. Stockholders of record on Monday, March 3rd will be given a GBX 4.66 ($0.06) dividend. This represents a dividend yield of 4.05%. The ex-dividend date of this dividend is Monday, March 3rd. Taylor Wimpey’s dividend payout ratio is currently 145.88%.

Analyst Ratings Changes

TW has been the topic of a number of analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 175 ($2.26) price objective on shares of Taylor Wimpey in a report on Monday, March 3rd. JPMorgan Chase & Co. lowered Taylor Wimpey to a “neutral” rating and reduced their price target for the stock from GBX 170 ($2.20) to GBX 150 ($1.94) in a research report on Thursday, December 5th.

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.