Jennie Daly Acquires 139,270 Shares of Taylor Wimpey (LON:TW) Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly purchased 139,270 shares of the firm’s stock in a transaction on Wednesday, March 25th. The stock was acquired at an average cost of GBX 86 per share, with a total value of £119,772.20.

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

• On Monday, March 9th, Jennie Daly acquired 157 shares of Taylor Wimpey stock. The shares were bought at an average cost of GBX 96 per share, for a total transaction of £150.72.
• On Thursday, March 5th, Jennie Daly sold 490,379 shares of Taylor Wimpey stock. The shares were sold at an average price of GBX 101, for a total value of £495,282.79.
• On Monday, February 9th, Jennie Daly bought 139 shares of Taylor Wimpey stock. The stock was bought at an average price of GBX 108 per share, with a total value of £150.12.
• On Thursday, January 8th, Jennie Daly bought 139 shares of Taylor Wimpey stock. The shares were bought at an average cost of GBX 108 per share, with a total value of £150.12.

Taylor Wimpey Stock Up 1.2%

LON TW traded up GBX 1.02 during trading hours on Wednesday, hitting GBX 88.62. 35,247,296 shares of the company were exchanged, compared to its average volume of 2,409,451. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.71 and a current ratio of 4.96. The firm has a market capitalization of £3.19 billion, a price-to-earnings ratio of 12.93, a price-to-earnings-growth ratio of 2.04 and a beta of 1.35. The company’s 50-day simple moving average is GBX 105.92 and its 200 day simple moving average is GBX 104.09.

Taylor Wimpey (LON:TW) last announced its quarterly earnings data on Thursday, March 5th. The homebuilder reported GBX 8 earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 2.40% and a net margin of 2.61%. On average, equities research analysts predict that Taylor Wimpey plc will post 9.8339265 EPS for the current year.

Taylor Wimpey declared that its Board of Directors has initiated a share repurchase program on Thursday, March 5th that permits the company to repurchase 0 shares. This repurchase authorization permits the homebuilder to reacquire shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on TW shares. Jefferies Financial Group dropped their price objective on shares of Taylor Wimpey from GBX 140 to GBX 132 and set a “buy” rating on the stock in a research report on Monday, January 19th. Citigroup lowered their target price on shares of Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating for the company in a research note on Friday, January 16th. JPMorgan Chase & Co. dropped their target price on Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 150 price target on shares of Taylor Wimpey in a research note on Friday, January 16th. Finally, Berenberg Bank decreased their price target on Taylor Wimpey from GBX 128 to GBX 120 and set a “buy” rating for the company in a report on Tuesday, March 10th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Taylor Wimpey currently has an average rating of “Moderate Buy” and an average price target of GBX 124.44.

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.