Jennie Daly Sells 358,158 Shares of Taylor Wimpey plc (LON:TW) Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly sold 358,158 shares of Taylor Wimpey stock in a transaction on Thursday, February 27th. The shares were sold at an average price of GBX 112 ($1.41), for a total value of £401,136.96 ($505,592.34).

Jennie Daly also recently made the following trade(s):

• On Wednesday, January 8th, Jennie Daly purchased 133 shares of Taylor Wimpey stock. The shares were bought at an average price of GBX 113 ($1.42) per share, for a total transaction of £150.29 ($189.43).

Taylor Wimpey Price Performance

Shares of TW traded down GBX 2.65 ($0.03) during midday trading on Friday, reaching GBX 111.95 ($1.41). The stock had a trading volume of 32,991,437 shares, compared to its average volume of 2,409,451. The firm has a market capitalization of £4.02 billion, a P/E ratio of 16.33, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The business has a fifty day moving average price of GBX 117.04 and a two-hundred day moving average price of GBX 138.95. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.71 and a current ratio of 5.08.

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

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. downgraded Taylor Wimpey to a “neutral” rating and lowered their price objective for the stock from GBX 170 ($2.14) to GBX 150 ($1.89) 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.