Taylor Wimpey plc (LON:TW) Insider Acquires £133,669.56 in Stock

Taylor Wimpey plc (LON:TW) insider Chris Carney purchased 117,254 shares of the firm’s stock in a transaction that occurred on Tuesday, March 25th. The shares were acquired at an average cost of GBX 114 ($1.48) per share, with a total value of £133,669.56 ($173,057.43).

Taylor Wimpey Stock Down 0.9 %

TW opened at GBX 113.05 ($1.46) on Friday. 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 business’s 50 day moving average price is GBX 115.11 and its two-hundred day moving average price is GBX 132.17. The stock has a market cap of £4.06 billion, a P/E ratio of 16.49, a P/E/G ratio of 2.04 and a beta of 1.81.

Taylor Wimpey (LON:TW) last announced its quarterly earnings results 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%. Equities analysts anticipate that Taylor Wimpey plc will post 9.8339265 earnings per share for the current 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 issued a GBX 4.66 ($0.06) dividend. The ex-dividend date is Monday, March 3rd. This represents a dividend yield of 4.05%. Taylor Wimpey’s dividend payout ratio is currently 145.88%.

Analysts Set New Price Targets

TW has been the topic of a number of recent analyst reports. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 175 ($2.27) target price on shares of Taylor Wimpey in a research note on Monday, March 3rd. JPMorgan Chase & Co. downgraded shares of 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 note on Thursday, December 5th.

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.