Frank Fiskers Acquires 1,750 Shares of Whitbread plc (LON:WTB) Stock

Whitbread plc (LON:WTB – Get Rating) insider Frank Fiskers bought 1,750 shares of the company’s stock in a transaction on Friday, May 13th. The stock was purchased at an average cost of GBX 2,642 ($32.57) per share, with a total value of £46,235 ($57,002.84).

WTB stock opened at GBX 2,672 ($32.94) on Friday. The business has a 50 day moving average price of GBX 2,777.11 and a 200 day moving average price of GBX 2,953.47. The stock has a market cap of £5.40 billion and a price-to-earnings ratio of 127.40. Whitbread plc has a fifty-two week low of GBX 2,384 ($29.39) and a fifty-two week high of GBX 3,465.38 ($42.72). The company has a quick ratio of 1.70, a current ratio of 1.85 and a debt-to-equity ratio of 113.95.

The firm also recently announced a dividend, which will be paid on Friday, July 1st. Investors of record on Thursday, May 26th will be paid a dividend of GBX 34.70 ($0.43) per share. This is a boost from Whitbread’s previous dividend of $32.65. The ex-dividend date is Thursday, May 26th. This represents a yield of 1.26%.

WTB has been the subject of several research reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Whitbread in a research report on Tuesday, March 8th. Citigroup reaffirmed a “buy” rating and issued a GBX 3,770 ($46.48) target price on shares of Whitbread in a research report on Monday, January 17th. Morgan Stanley reaffirmed an “overweight” rating on shares of Whitbread in a research report on Wednesday. Barclays reissued an “overweight” rating and set a GBX 4,000 ($49.32) price objective on shares of Whitbread in a research report on Thursday, May 5th. Finally, Shore Capital reissued a “buy” rating on shares of Whitbread in a research report on Thursday, April 28th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Whitbread has a consensus rating of “Buy” and a consensus price target of GBX 3,746.25 ($46.19).

About Whitbread (Get Rating)

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates approximately 857 hotels with 78,718 rooms in the United Kingdom; and 4,880 rooms in Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands; and 768 restaurants under the Brewers Fayre, Beefeater, Whitbread Inns, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands.

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